The week was a whirlwind of political and corporate news. From Chuck Schumer calling on the FTC to reconsider a major oil merger, to Donald Trump‘s niece sharing her thoughts on her uncle’s legal woes, the news cycle was anything but dull. Let’s dive into the top stories.
1. Schumer Urges FTC to Reconsider Chevron-Hess Merger
U.S. Senate Majority Leader, Chuck Schumer (D-N.Y.), has urged the Federal Trade Commission (FTC) to reassess the proposed $53 billion merger between Chevron Corp (NYSE:CVX) and Hess Corp (NYSE:HES). Schumer expressed his concerns via social media, warning that the merger could enable oil giants to hike gas prices. Read the full article here.
2. Trump’s Niece Weighs in on His Legal Troubles
Mary Trump, the niece of former President Donald Trump, shared her perspective on her uncle’s legal issues, particularly the New York hush-money criminal case. In an MSNBC interview, she suggested that Trump’s loyalty is one-sided and that he could betray anyone at will. Read the full article here.
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