The Trump Organization is suing Capital One after the ninth-largest bank in the United States allegedly "debanked" them in 2021.
The lawsuit, filed in Miami-Dade County on March 7, endeavors "to hold the bank accountable for their egregious conduct in unjustifiably terminating over 300 of the company’s bank accounts without cause," Eric Trump wrote in an X post.
Eric Trump said the Trump Organization had banked with Capital One for more than a decade as "a clear attack on free speech and free enterprise that flies in the face of the bedrock principles and freedoms that define our country."
"Moreover, the arbitrary closure of these accounts, without justifiable cause, reflects a broader effort to silence and undermine the success of the Trump Organization and those who dare to express their political views," he continued.
The lawsuit alleges that Capital One "'de-banked' plaintiff's accounts because Capital One believed that the political tide at the moment favored doing so."
https://www.christianpost.com/news/trump-org-sues-capital-one-after-alleged-debanking.html
The lawsuit, filed in Miami-Dade County on March 7, endeavors "to hold the bank accountable for their egregious conduct in unjustifiably terminating over 300 of the company’s bank accounts without cause," Eric Trump wrote in an X post.
Eric Trump said the Trump Organization had banked with Capital One for more than a decade as "a clear attack on free speech and free enterprise that flies in the face of the bedrock principles and freedoms that define our country."
"Moreover, the arbitrary closure of these accounts, without justifiable cause, reflects a broader effort to silence and undermine the success of the Trump Organization and those who dare to express their political views," he continued.
The lawsuit alleges that Capital One "'de-banked' plaintiff's accounts because Capital One believed that the political tide at the moment favored doing so."
https://www.christianpost.com/news/trump-org-sues-capital-one-after-alleged-debanking.html