The story starts in March of 2021 when Capitol One gave notice of its plans to close more than 300 Trump-affiliated bank accounts because they suspected (after months of research) that Trump and associates were engaged in money laundering.
On Friday the Trump cartel filed a lawsuit - the 3rd one - against the bank's decision to oust them. Capital One Financial hit back against the lawsuit stating that it did so after a review by anti-money laundering experts.
The disclosure marks the first time a bank has formally tied money-laundering concerns to a sitting U.S. president. Capital One is seeking to dismiss the case by casting doubt on claims of illegally debanking - or denying services on religious or political grounds - against the Trump clan.
The last time Trump and cronies filed a lawsuit in a federal court, alleging the accounts were closed because of Capital One's "woke" beliefs and its desire to benefit from the political mood after the Jan. 6, 2021, assault against the U.S. Capital. That judge told Trump and his stupid son Eric to go pound sand.
But here we are again.
Since the start of Trump's second term, his regime has put pressure on some large banks, echoing conservative complaints that the institutions are deliberately targeting the political right. He signed an executive order in August 2025 barring discriminatory debanking. The executive order isn't worth the paper it's printed on.
Readers will remember Trump's first term when he sued Capital One and Deutsche Bank in an attempt to prevent them from sharing financial records with Congress as part of a probe led by Democratic lawmakers.
Anti-money laundering professionals at Deutsche Bank reportedly flagged a set of transactions, but executives ignored them.
As it Stands, deplorable Don should get an award (after all he loves rewards and trophies) for being the most corrupt and dishonest president in American history.
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