Sunday, August 2, 2026
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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.

Capital One says it closed Trump Organization accounts over money-laundering concerns
Image: NPR Business

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)

Originally published at NPR Business

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