Authored by Owen Evans via The Epoch Times,
Capital One asked a judge to dismiss a lawsuit brought by the Donald J. Trump Revocable Trust, part of the Trump Organization, claiming that the bank's 2021 debanking of hundreds of Trump-linked accounts followed an internal anti-money laundering review and not the political discrimination the plaintiffs allege.
President Donald Trump prepares to board Air Force One at Morristown Municipal Airport in Morristown, N.J., on Aug. 2, 2026. Anna Moneymaker/Getty ImagesIn a motion to dismiss filed on July 31 in the U.S. District Court for the Southern District of Florida before Judge Roy Altman, Capital One said the accounts were terminated after a review by anti-money-laundering experts.
The filing said that "documents and Plaintiffs' own allegations make clear that Capital One closed Plaintiffs' accounts for anti-money laundering (AML) reasons."
"The closures were the result of months of analysis and a careful review by Capital One's AML team in accordance with bank policies and regulatory guidance," it added.
Capital One said in the filing that the Trump Organization's allegations of political pretext were "misguided" and "based on cherry-picked quotations unsupported by the full context" of documents submitted to the court.
It did not accuse the Trump Organization of money laundering.
The case, filed in 2025, focuses on Capital One's March 2021 deci
