Byron Donalds speaks inside the Capital One arena on the inauguration day of Donald Trump's second Presidential term, in Washington, U.S., January 20, 2025. REUTERS/Mike Segar/ File Photo WASHINGTON (Reuters) - Republican U.
The Trump Organization is suing Capital One after the bank “unjustifiably’ terminated more than 300 of the company’s bank accounts in 2021, with Eric Trump telling Fox News Digital he will hold major corporations accountable for the “egregious nature of canceling based on political bias.
The lawsuit, which was filed in Florida, alleged that the bank's actions were the result of "political and social motivations."
The Trump plaintiffs say Capitol One closed more than 300 Trump-linked accounts for political reasons. The bank denies the claims.
The Trump Organization is suing Capital One for allegedly de-banking hundreds of accounts tied to the president’s family members due to allegedly “woke” political motives. “I can’t tell you how hard it is to change more than 300 bank accounts – and for no reason whatsoever,