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2023-07-15 21:22:46

Mufasa on Nostr: Elizabeth Warren tweets: In the mid-’90s, the 20 biggest U.S. banks held 15% of all ...

Elizabeth Warren tweets:

In the mid-’90s, the 20 biggest U.S. banks held 15% of all bank assets.

Today, they hold more than 65%.

More consolidation = more risks for consumers, small businesses, & our economy. It’s time for regulators to promote more competition & strengthen merger review guidelines.

#UnitedStates #Banks #Consolidation #Competition
https://twitter.com/ewarren/status/1679842778753236993
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