Townhall-
The Trump Organization filed a lawsuit against Capital One bank, claiming the financial institution wrongfully closed several of its accounts following the January 6th Capitol riot. The organization argues that the closures were politically motivated, asserting that the bank acted in retaliation for its association with President Donald Trump. This legal action comes amid ongoing controversy surrounding the financial treatment of entities linked to Trump and his supporters, raising questions about whether banks discriminate against businesses based on political affiliations.
This week, Eric Trump confirmed the lawsuit filing, accusing Capital One of terminating over 300 accounts from the Trump Organization “without cause.” He called it a “clear attack” on the First Amendment and free enterprise. The lawsuit was filed in Florida state court and seeks unspecified damages.
The president’s son stated that the effort to “debank” his family’s organization began in 2021, despite Capital One continuing to do business with them for more than a decade, which was abruptly terminated once Trump’s first term ended that same year. more
I had a credit card with them. I canceled it when I starting reading about them debanking people for political reasons. They’re not the only bank I’ve ceased doing business with for the same reasons.
What’s in my wallet? Not one of their cards.
crap-itall once? blow me, assholes
All the big banks should be broken up as monopolies. Use your local bank or credit union if they weren’t put out of business.