Trump, Capital One
· 7h · on MSN
The new Trump era just got more complicated for Capital One
Trump Organization sues Capital One over 'debanking'
Trump Organization sues Capital One for closing its bank accounts four years ago
President Donald Trump’s business trust sued Capital One for closing its bank accounts in 2021, claiming the North Carolina lender “debanked” them over their political views causing “considerable financial harm.
A company owned by President Donald Trump is suing Capital One. It claims the bank unjustifiably terminated over 300 of the Trump Organization’s accounts without cause shortly after the Jan. 6, 2021,
The Trump Organization has launched a lawsuit against Capital One, alleging that the bank closed hundreds of President Donald Trump-linked accounts for politically motivated reasons. What Happened: The Trump Organization claims that Capital One has closed numerous accounts related to the Trump family due to “woke” political motivations.
President Donald Trump’s company sued Capital One Financial Corp., accusing it of illegally “de-banking” him for political reasons by abruptly canceling hundreds of accounts for his sprawling real estate business after his first term ended in 2021.
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