Capital One closed Trump's company accounts

Capital One closed Trump's company accounts after a money laundering check.

Consensus

Capital One closed over 300 accounts of Trump Organization.
The closure followed a review by anti-money laundering (AML) specialists.
The decision was made in accordance with banking policy and regulatory requirements.
Trump Organization sued Capital One in 2025.
Trump Organization alleged the closure was politically motivated after the January 6, 2020 Capitol riot.
Capital One denied the political motive claim and stated the decision was based on transactional patterns identified in the review.
Federal court in Miami has previously dismissed the lawsuit twice, allowing for amended filings.

Capital One is seeking to have the lawsuit dismissed, arguing that the plaintiffs' claims are based on selective quotes without context. — vedomosti
In August 2025, JPMorgan Chase and Bank of America also refused to serve Trump. — vedomosti
In February 2019, it was revealed that Trump had sought a loan from Deutsche Bank in 2016 for a golf club in Scotland, which was denied due to insufficient information on fund usage. — vedomosti
Capital One responded to the lawsuit by stating the closure was based on AML review and banking policy, without mentioning the request to dismiss the case. — vesti