The Trump Organization is suing Capital One. The company's trust and Eric Trump alleged in a court filing the bank had canceled hundreds of Trump accounts for political reasons. Capital One says it “has not and does not close customer accounts for political reasons.

A company owned by President Donald Trump is suing Capital One. It claims the bank unjustifiably terminated over 300 of the Trump Organization’s accounts without cause shortly after the Jan. 6, 2021,

The Trump Organization has launched a lawsuit against Capital One, alleging that the bank closed hundreds of President Donald Trump-linked accounts for politically motivated reasons. What Happened: The Trump Organization claims that Capital One has closed numerous accounts related to the Trump family due to “woke” political motivations.