Capital One-Discover deal waved ahead by antitrust officials

The proposed $35 billion merger between Capital One and Discover cleared a major regulatory hurdle as the Justice Department told financial regulators in a confidential memo that it didn’t have sufficient evidence to block the transaction.

Program to spur investments in small business gains momentum

The federal Small Business Investment Company program has seen a spike in interest since a new rule incentivizing support for early stage companies took effect in 2023. Now there is growing political support for ways to further bolster the program.