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Senate Majority Leader Chuck Schumer has publicly opposed the proposed $53 billion merger between Chevron and Hess, expressing concerns that the deal could lead to higher gasoline prices. Schumer highlighted that while Trump might be hosting dinners for Big Oil executives, the FTC should act in the consumers' interest by halting the merger to prevent further consolidation in the oil industry.
Senate Majority Leader Chuck Schumer urged the Federal Trade Commission to pause Chevron’s proposed $53 billion takeover of Hess, arguing the deal would give the oil industry more power to raise gas prices https://t.co/ctSaVV6E0P
Senate Majority Leader Chuck Schumer urged the Federal Trade Commission to pause Chevron’s proposed $53 billion takeover of Hess, arguing the deal would give the oil industry more power to raise gas prices https://t.co/tXZmTtZrbu
Senate Majority Leader Chuck Schumer urged the Federal Trade Commission to pause Chevron’s proposed $53 billion takeover of Hess, arguing the deal would give the oil industry more power to raise gas prices https://t.co/IhENvjECN8
