Capital One has stated that it closed accounts associated with the Trump Organization due to concerns regarding money laundering. The bank is currently seeking a judge's approval to dismiss a lawsuit filed by businesses affiliated with Trump. Capital One argues that a months-long internal review, rather than the events of the January 6 riot, was the reason for the closure of hundreds of accounts in 2021.
✓ AI-Debiased Article
4
Wire-neutral
provisional
✓ No loaded language, vague sourcing, or framing detected.
Capital One closes Trump Organization accounts citing money-laundering concerns
Capital One has closed accounts linked to the Trump Organization over money-laundering concerns. The bank is requesting a judge to dismiss a lawsuit from Trump-affiliated businesses, stating that the account closures were due to an internal review conducted prior to the January 6 riot.
Companies
Capital One
People
Donald Trump
Eric Trump
Compare the coverage
Annotating as
No note attached
on this article.
Read next
Capital One closes Trump Organization's accounts following anti-money laundering investigation
reuters.com
Capital One cites anti-money laundering review in Trump Organization account closures
Al Jazeera English
Capital One closes Trump Organization accounts due to money-laundering concerns
NPR — Politics
Original vs. Neutral
Original Headline
Capital One says it closed Trump Organization accounts over money-laundering concerns
Neutral Headline
Capital One closes Trump Organization accounts citing money-laundering concerns