Posted on 08/02/2026 5:45:08 PM PDT by E. Pluribus Unum
The disclosure marks the first time a bank has formally tied money laundering concerns to U.S. President Donald Trump's family business. Capital One is seeking to dismiss the case by casting doubt on claims of illegally debanking — or denying services on religious or political grounds — the Trump Organization.
The Trump Organization and Capital One did not immediately respond to requests for comment.
Capital One has never accused the Trump Organization of illegal money laundering. But Friday's filing argues that "documents and Plaintiffs’ own allegations make clear that Capital One closed Plaintiffs’ accounts for anti-money laundering (“AML”) reasons. The closures were the result of months of analysis and a careful review by Capital One’s AML team in accordance with bank policies and regulatory guidance."
Capital One gave notice of its plans to close more than 300 Trump-affiliated bank accounts in March 2021. The Trump Organization and Eric Trump, the president’s son, filed a lawsuit in March 2025 in a Florida federal court, alleging the accounts were closed because of Capital One’s “woke” beliefs and its desire to benefit from the political mood after the January 6, 2021 riot at the U.S. Capitol.
'Misguided' Allegations: Capital One
The federal court in Miami has tossed two complaints in the Capital One case, but gave the plaintiffs opportunities...
(Excerpt) Read more at reuters.com ...
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It’s reuters, I’ll wait for an actual reliable source.
It was TOTALLY political debanking.
Capital One can lie about it all they want to.
“It was TOTALLY political debanking.”
Didn’t Bank of America dump a bunch of Trump supporters?
“It was TOTALLY political debanking.”
Obviously. They were told by Biden’s Girls to DeBank Trump, and they complied - that simple.
Capital One is the mafia.
...but natuarally, no US banks closed any Biden Crime Family accounts, which were reportedly used for money laundering (Joe & Hunter sharing accounts that received funds from overseas, etc.)...
More than 150 transactions involving either President Biden’s brother James Biden or son Hunter Biden’s global business affairs have been flagged for further review by U.S. banks
Were there any flags on Trump accounts reported to officials?
What’s in Your Wallet? Obviously they hate Trump.
It would be interesting to get the email, phone and personal visit records in discovery. How many calls did Capital One get from the new Biden administration’s Treasury Department about this?
“At one point Trump blasted Bank of America’s CEO, Brian Moynihan, for blocking banking services to some conservatives.”
Thanks! I knew B of A was a floating turd too.
Until further notice, I believe I won’t be using their services.
I wasn’t happy about their customer service when I did have them.
Mid term election booster for Democrat voters.
“Concerns” but no elaboration. Probably gave that excuse to all the folks they canceled.
Sure, we’ll just pretend that the Democrats haven’t used banking to rake in hundreds of millions of dollars from illegal, overseas sources. UNless you believe that tens of thousands of donors are just itching to donate amounts of 199.34, 199.83, etc. (The bizarre amounts reflect attempts to stay below the $200 limit for anonymous donations, despite fluctuating currency rates.)
Biden family got $28 Million from overseas, and the banks didn’t care.
I agree, that’s why capital one no longer has my account.
Tough luck for them.
What’s in your wallet?
Not a Capital One card for sure.
Hope there is some form of punishment that applies
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