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Capital One says it closed Trump Organization accounts over money-laundering concerns

The bank is asking a judge to permanently dismiss a lawsuit from Trump-affiliated businesses, arguing a monthslong internal review — not the Jan. 6 riot — explains why hundreds of accounts were shut down in 2021.

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Capital One says it closed Trump Organization accounts over money-laundering concerns
Source: NPR News
President Donald Trump walks with Eric Trump as they prepare to depart on Marine One from the South Lawn of the White House, Friday, April 10, 2026, in Washington.

The bank is asking a judge to permanently dismiss a lawsuit from Trump-affiliated businesses, arguing a monthslong internal review — not the Jan. 6 riot — explains why hundreds of accounts were shut down in 2021.

(Image credit: Alex Brandon)

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