Uploaded August 2026 | Updated September 2026, 2 weeks ago

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Capital One is asking a court to toss the Trump Organization’s lawsuit, saying it closed more than 300 Trump-linked accounts for anti-money-laundering reasons rather than political retaliation. The bank is not accusing Trump of laundering money, but it says its compliance team reviewed the accounts for months and found enough red flags to end the relationship. Trump has tried to turn “debanking” into a political grievance and federal policy issue, but his own bank is now telling the court the real concern was financial risk. Ring Of Fire's Josh G. explains.

NPR: npr.org/2026/08/02/g-s1-136834/capital-one-trump-bank-anti-money-laundering

CNBC: cnbc.com/2026/08/01/capital-one-closed-trump-organization-accounts-after-investigation.html

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