Exclusive: Senators Moreno and Sheehy Warn Against Planned Spanish Acquisition of Connecticut Bank

WASHINGTON, DC - MAY 08: Senate Commerce, Science, and Transportation Committee members Sen. Tim Sheehy (R-MT) (L) and Sen. Bernie Moreno (R-OH) question witnesses about artificial intelligence in the Hart Senate Office Building on Capitol Hill on May 08, 2025 in Washington, DC. OpenAI CEO Sam Altman, Advanced Micro Devices (AMD) Chair and CEO Lisa Su, CoreWeave CEO Michael Intrator and Microsoft Corporation President and Vice Chair Brad Smith testified about the global artificial intelligence race and how the United States can remain competitive. (Photo by Chip Somodevilla/Getty Images)
United States Senators Bernie Moreno (R-OH) and Tim Sheehy (R-MT) have warned against the acquisition of a Connecticut-based bank by Spanish banking giant Santander, highlighting the risks posed to American workers and businesses by decisions made in Madrid amid growing divisions between the socialist government and Washington.

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