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U.S. Rep. Barney Frank is asking the Fed to extend its examination of Capital One's (NYSE:COF)...

U.S. Rep. Barney Frank is asking the Fed to extend its examination of Capital One's (NYSE:COF) purchase of ING Direct so Congress can hold hearings on the matter. “This proposed purchase would create the fifth-largest bank in the United States,” says Frank. “For this reason alone, care should be taken to thoroughly examine the impact of this purchase." COF -0.1% AH.

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