Trump Organization sues Capital One for closing its bank accounts four years ago | CNN Business

CNN  — 

President Donald Trump’s business trust sued Capital One for closing its bank accounts in 2021, claiming the Virginia lender “debanked” them over their political views causing “considerable financial harm.”

The lawsuit, which was filed by the Donald J Trump Revocable Trust and Eric Trump in Miami-Dade Circuit Court on Friday, accuses the bank of violating Florida and other state consumer laws and is seeking damages.

Trump claims his business was harmed when Capital One abruptly notified them in March 2021 that hundreds of bank accounts holding millions of dollars would be closed

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