Mamdani Urges State to Block Western Union’s Deal for Intermex
NYT > Business·May 14, 2026
Mamdani is urging the state to block Western Union's deal for Intermex, citing concerns that the acquisition could increase costs for immigrants sending money abroad. New York City's mayor shares these concerns, believing the proposed deal may negatively impact immigrant communities. The potential acquisition has sparked worries about the financial implications for those relying on money transfer services. Western Union's proposed deal is now under scrutiny due to its potential to drive up costs.
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