{"id":2639815,"date":"2026-08-03T17:10:01","date_gmt":"2026-08-03T21:10:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/capital-one-says-it-terminated-trump-account-over-money-laundering-concerns\/"},"modified":"2026-08-03T17:16:41","modified_gmt":"2026-08-03T21:16:41","slug":"capital-one-says-it-terminated-trump-account-over-money-laundering-concerns","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/capital-one-says-it-terminated-trump-account-over-money-laundering-concerns\/","title":{"rendered":"Capital One says it terminated Trump account over money laundering concerns"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcapital-one-says-it-terminated-trump-account-over-money-laundering-concerns%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2639815&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Capital One Bank closed Donald Trump&#8217;s bank accounts in 2021,citing concerns over money laundering as the primary reason. The Trump Organization sued the bank,<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/judge-refuses-to-block-trumps-anti-weaponization-fund\/\" title=\"Judge refuses to block Trump&#039;s anti-weaponization fund\">alleging political persecution<\/a> and de-banking related to the January 6 Capitol riot. In response, Capital One stated that the closures resulted from thorough analysis by their anti-money laundering team and were not politically motivated, emphasizing that they provided Trump with several months to find alternative banking services. The bank also noted it reserved the right to terminate accounts at any time for any reason. Trump\u2019s <a href=\"https:\/\/amzn.to\/3YuVZYV\" >legal team strongly rejected<\/a> the bank\u2019s explanation, claiming the de-banking was politically motivated and that the financial institution fabricated the money laundering justification after the accounts were closed. This case is part of a broader pattern of banks terminating relationships with Trump and his associates, amid ongoing political debates over the practice of de-banking, which Trump has publicly condemned and sought to regulate through an executive order in August 2025.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">Capital One Bank said concerns over money laundering were behind the closure of one of President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" data-type=\"post_tag\" data-id=\"4\">Donald Trump\u2019s<\/a> bank accounts in 2021, responding to a <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/3341258\/trump-organization-sues-capital-one\/\" data-type=\"post\" data-id=\"3341258\">lawsuit<\/a> from one of Trump\u2019s financial holding companies.<\/p>\n<p class=\"wp-block-paragraph\">The Trump Organization\u2019s lawsuit held that the company persecuted Trump over his political beliefs, \u201cde-banking\u201d him after the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/january-6\/\" data-type=\"post_tag\" data-id=\"226\">Jan. 6, 2021<\/a>, Capitol riot. In a court filing Friday, however, Capital One <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.courtlistener.com\/docket\/69853458\/91\/the-donald-j-trump-revocable-trust-v-capital-one-na\/\" data-type=\"link\" data-id=\"https:\/\/www.courtlistener.com\/docket\/69853458\/91\/the-donald-j-trump-revocable-trust-v-capital-one-na\/\">claimed<\/a> for the first time publicly that the timing was coincidental and that the real reason for terminating Trump\u2019s bank accounts was due to money laundering concerns.<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4673283\/money-laundering-trump-bank-accounts-capital-one\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Money laundering concerns led to closure of Trump bank accounts, Capital One says<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4672695\/prediction-markets-kalshi-tarek-mansour-bans\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Kalshi CEO bullish that prediction markets will beat back growing calls for bans<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4670921\/gavin-newsom-celebrates-california-minimum-wage\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Newsom celebrates boosting California\u2019s minimum wage to highest rate in the country<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">\u201cThe closures were the result of months of analysis and a careful review by Capital One\u2019s [Anti-Money Laundering] team in accordance with bank policies and regulatory guidance,\u201d the bank said in a court filing.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">Capital One said the decision was made after analysis from AML professionals \u201cwith decades of law enforcement experience,\u201d and that it \u201cnever publicized the termination decision nor its confidential internal process.\u201d<\/p>\n<p class=\"wp-block-paragraph\">It also claimed that it gave Trump \u201cseveral months (and granted several extensions) to find new banking services, which they did,\u201d and dismissed the lawsuit\u2019s \u201cnew theories\u201d as \u201cbased on cherry-picked quotations.\u201d<\/p>\n<p class=\"wp-block-paragraph\">However, the bank also wrote that it reserved the right to terminate dealings with Trump \u201cat any time, for any or no reason and without notice.\u201d<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Trump\u2019s legal team rejected Capital One\u2019s explanation in a Monday statement.<\/p>\n<p class=\"wp-block-paragraph\">\u201cCapital One, along with other major banks, de-banked President Trump, his family, and his businesses for blatantly political reasons,\u201d a spokesperson for Trump\u2019s legal team <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/apnews.com\/article\/trump-capital-one-debanking-money-laundering-5f5cc717e1e011e6195bd765c8f90bad\" data-type=\"link\" data-id=\"https:\/\/apnews.com\/article\/trump-capital-one-debanking-money-laundering-5f5cc717e1e011e6195bd765c8f90bad\">told<\/a> the <em>Associated Press<\/em>. \u201cPresident Trump\u2019s powerful lawsuit holds Capital One accountable for its disgraceful conduct, and we look forward to seeing this matter through to a just and proper conclusion.\u201d<\/p>\n<p class=\"wp-block-paragraph\"><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/3341258\/trump-organization-sues-capital-one\/\" data-type=\"post\" data-id=\"3341258\">TRUMP ORGANIZATION SUES CAPITAL ONE FOR TRYING TO \u2018DEBANK\u2019 COMPANY<\/a><\/strong><\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Trump\u2019s lawyers argued that the anti-money-laundering explanation was invented only after the fact to justify the termination, something Capital One says there\u2019s no evidence for.<\/p>\n<p class=\"wp-block-paragraph\">Trump\u2019s lawsuit against Capital One is just one of multiple targeting banks that terminated services with him, JP Morgan being another. The president has taken up the cause of de-banking, a growing complaint from conservatives over the past decade, signing an executive order in August 2025 instructing regulators to crack down on banks that pursue the practice over political disagreements.<\/p>\n<\/div>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-4\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-4\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-25\" data-wex-ad=\"art-dsk-inart-4\"><\/div>\n<\/div>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital One cites money laundering as reason for Trump account closure<\/p>\n","protected":false},"author":2653,"featured_media":2639816,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/AP26215664189628_594b5f.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[6079,10680,4431,7169,39613],"class_list":["post-2639815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-corporate","tag-finance","tag-legal","tag-scandals","tag-socialmedia"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/AP26215664189628_594b5f.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2639815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2639815"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2639815\/revisions"}],"predecessor-version":[{"id":2639821,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2639815\/revisions\/2639821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2639816"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2639815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2639815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2639815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}