Monday, May 12, 2025
  • العربية
  • Français
  • Home
  • News
  • Politics
  • Sports
  • Business
  • Opinion
  • About Us
  • Contact Us
  • Privacy Policy
  • Login
  • Register
No Result
View All Result
No Result
View All Result
Home @NYTimes

Trump Organization Sues Capital One for Closing Its Accounts

March 7, 2025
in @NYTimes, Business
Reading Time: 3 mins read
0 0
A A
0
Trump Organization Sues Capital One for Closing Its Accounts
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

New York Times - Business

https://static01.nyt.com/images/2025/03/07/multimedia/dc-trump-org-pfhc/dc-trump-org-pfhc-mediumSquareAt3X.jpg

Related posts

Asia Stocks Rise on Hope for Lower Tariffs After U.S.-China Talks

Asia Stocks Rise on Hope for Lower Tariffs After U.S.-China Talks

May 12, 2025
Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

May 12, 2025

President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.

President Trump’s family business sued Capital One on Friday for “unjustifiably terminating” more than 300 of its bank accounts after the Jan. 6, 2021, attack on the Capitol, the latest sign that the president and his allies are seeking retribution against those who once shunned them.

In a complaint filed in state court in Florida, the Trump Organization accused the bank of arbitrarily closing its accounts in June 2021 in violation of various consumer protection laws. The accounts held millions of dollars at the time, according to the lawsuit.

“By filing this lawsuit, we seek to hold Capital One accountable for the millions of dollars in damages they caused, not just to our company, but to the many dozens of properties, hundreds of tenants and thousands of Trump Organization employees who relied on these accounts for their livelihoods,” the company said in a statement.

The bank, one of the largest financial institutions in the United States, did not provide a reason at the time for closing the accounts, the lawsuit said.

But in the aftermath of Jan. 6, when Mr. Trump’s supporters stormed the Capitol, a number of financial institutions cut ties with his family’s real estate business. The group’s lawsuit against Capital One could portend similar actions against other banks.

“More to come,” Eric Trump, one of the plaintiffs and the leader of the Trump Organization, said in a statement on Friday.

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest


guest
0 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments
  • Home
  • News
  • Politics
  • Sports
  • Business
  • Opinion
  • About Us
  • Contact Us
  • Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • العربية
  • Français
  • Home
  • News
  • Politics
  • Sports
  • Business
  • Opinion
  • About Us
  • Contact Us
  • Privacy Policy
  • Login
  • Sign Up
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply