The politics of the new Trump era just got a lot more complicated for Capital One (COF). The huge bank and credit card lender now finds itself in the position of having to defend itself against a new lawsuit from a company owned by President Trump while also seeking a big merger approval from Trump’s antitrust enforcers.

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.

The Trump companies accuse Capitol One of having "'woke' beliefs that it needed to distance itself from President Trump and his conservative political views."

Most consumers find themselves in a dispute with their bank at one time or another. Or President Trump is no exception His company has filed a lawsuit agai

President Donald Trump’s business trust sued Capital One for closing its bank accounts in 2021, claiming the North Carolina lender “debanked” them over their political views causing “considerable financial harm.