Tag: BRAKES

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

(Reuters) – 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. “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 […]