Business

Capital One Closes Trump Organization Accounts

Updated 2026-08-02 18:55 UTC 1 source Neutral

Capital One has closed several accounts of the Trump Organization due to money-laundering concerns. The bank is seeking a judge's approval to dismiss a lawsuit from related businesses, citing an internal review rather than the Jan. 6 riot.

Coverage timeline — 1 article
NPR
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.
2026-08-02 18:31 UTC
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