The Trump Organization has launched a lawsuit against Capital One, alleging that the bank closed hundreds of President Donald Trump-linked accounts for politically motivated reasons.
What Happened: The Trump Organization claims that Capital One has closed numerous accounts related to the Trump family due to “woke” political motivations.
Eric Trump, the executive vice president of the Trump Organization, expressed his frustration over the situation, stating that transferring over 300 bank accounts was a challenging task.
He clarified that these accounts were linked to various business ventures, including hotels, golf courses, residential and commercial buildings, retail outlets, skating rinks, and parking garages. He denied any political affiliation, emphasizing that the only common factor was the Trump name.
“I can’t tell you how hard it is to change more than 300 bank accounts – …
