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Maxine Waters seeks to weigh in on BB&T, SunTrust merger

By Colin Wilhelm
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Maxine Waters seeks to weigh in on BB&T, SunTrust merger

House Financial Services Committee Chairwoman Maxine Waters is seeking for her committee to have its own say in a major planned bank merger.

The California Democrat asked Federal Reserve Chairman Jerome Powell and Federal Deposit Insurance Corporation Chairwoman Jelena McWilliams Wednesday to defer approval of the proposed merger between BB&T Bank and SunTrust Bank until her committee can hold hearings on the subject.

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