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.

MIAMI (AP) — A company owned by President Donald Trump sued Capital One on Friday, claiming the bank unjustifiably terminated over 300 of the Trump Organization’s accounts without cause in 2021, shortly after the Jan. 6 attack on the U.S. Capitol.

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

The Trump Organization has sued Capital One, accusing the banking company of terminating over 300 of the Trump Organization’s accounts “without cause.” Eric Trump confirmed the filing of the lawsuit in a statement on X,

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.

President Donald Trump's privately-owned conglomerate on Friday filed a lawsuit against Capital One (NYSE:COF), accusing the bank of wrongfully terminating more than 300 company accounts in 2021. Capital One's (NYSE:COF) move to "debank" The Trump Organization "was a clear attack on free speech and free enterprise that flies in the face of the