Capital One's purchase of Discover faces political and regulatory hurdles

Capital One announced it’s acquiring Discover Financial Services for $35.3 billion in an all-stock deal. The deal gives Capital One a leg up in the competitive credit card market. Capital One is buying Discover in a $35 billion deal, giving the bank a competitive edge in the market.

Capital One is planning to buy Discover Financial Services, a report says. The two credit card companies would bring the two large credit card issuers and lenders together. The Wall Street Journal reports Capital One to acquire Discover Financial. Capital One and Discover Financial would be the two largest credit card providers.

Capital One's proposed acquisition of Discover Financial is being met with opposing viewpoints on whether the deal will ultimately help or harm consumers. The proposed deal is being debated over whether it will help or hurt consumers. Capital One has proposed to buy Discover Financial from Discover Financial, which has been in the news for months.

What a possible Capital One and Discover merger means for consumers? The deal may hold long-term implications for customers across the industry. The deal could also hold implications for other major banks across the U.S. market. The two companies are expected to close within the next few weeks.

Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators. Lawmakers are already being pressured by lawmakers to block the deal. The proposed purchase could also face political and regulatory hurdles in the U.S. Capital One and Discover Financial are both expected to win approval.

Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators. Lawmakers are already being pressured by lawmakers to block the deal. Capital One and Discover Financial are both expected to be approved by regulators. The deal could face political and regulatory hurdles, including a potential loss of $1 billion.