Democratic Senators Call On FCC To Prevent Paramount-Warner Bros. Discovery Merger From Closing While Foreign Ownership Review Is Pending

Three Democratic senators, including Cory Booker, Adam Schiff, and Elizabeth Warren, have written to FCC Chairman Brendan Carr urging the commission to prevent the Paramount-Warner Bros. Discovery merger from closing. The lawmakers insist that the FCC must bar the $111 billion deal until the government concludes its national security review regarding foreign investment. They argue the commission has a clear obligation to ensure the foreign ownership review is fully completed before the merger is finalized.