- Capital One says it closed more than 300 Trump‑affiliated accounts after months of anti‑money‑laundering (AML) review — the first time a bank has formally tied AML concerns to the Trump family business (while not accusing illegal activity).
- The Trump Organization and Eric Trump sued, claiming "woke" or political motives; Capital One asks the court to dismiss, calling those claims cherry‑picked and legally flawed.
- The dispute feeds into a larger "debanking" debate — Trump has issued an executive order and sued other banks, putting financial firms under political pressure.
The news, distilled into what matters.
Get the full experience in the app — topics, comments, and audio summaries.