JPMorgan deal forces Biden administration to defend record on mergers

WASHINGTON  – JPMorgan Chase & Co’s deal to buy First Republic Bank pushed the Biden administration into a corner, leaving officials scrambling to explain how their stance against mergers squared with allowing the largest U.S. bank to get even bigger. At a White House event on small business on Monday, President Joe Biden hailed the … Continue reading JPMorgan deal forces Biden administration to defend record on mergers