Capital One Says It Closed Trump Organization's Accounts Due to Anti-Money Laundering Concerns
Capital One Financial disclosed that it closed the Trump Organization’s bank accounts after an anti-money laundering (AML) review, marking the first time a financial institution has formally linked such concerns to Donald Trump’s family business. The bank is defending itself against a lawsuit alleging illegal debanking based on political bias rather than legitimate AML reasons. The Trump Organization and Eric Trump filed suit in 2025 claiming accounts were closed due to Capital One's
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