Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger

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Chuck Schumer News

Chevron Corp,Federal Trade Commission,Senate Majority Leader

'The FTC should side with consumers and pump the breaks on this deal,' Schumer said in a post on social media platform X, adding that the deal would give oil...

- U.S Senate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to "pump the breaks" on Chevron Corp's proposed $53 billion acquisition of Hess Corp.

In October last year, Chevron agreed to buy Hess for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's massive Guyana discoveries. The justice has been rightfully criticized for his ethically questionable actions, Dean Obeidallah writes, but in this sea of despair comes a ray of hope: John Oliver.

“Please don’t shoot,” Notan Eva Costa, a 48-year-old Bangladeshi immigrant living in Queens, begged the two New York City police officers who entered her home after her teenage son called 911.Rep. Marjorie Taylor Greene’s ineffectual effort to oust Speaker Mike Johnson was a big anticlimax, but one that could have reverberations much longer than the 35 minutes it took the House to dispense with her motion to vacate.

 

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