Capital One: Trump accounts closed over money-laundering review

Capital One said it closed accounts linked to President Donald Trump in 2021 after an anti-money-laundering review flagged financial activity resembling money laundering. The disclosure, made in a court filing, is the first time a bank has formally tied money-laundering concerns to Trump’s family business. The Trump Organization and Eric Trump sued in 2025, alleging political debanking; Capital One is seeking dismissal.