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The president of the United States, Donald Trump, speaks with members of the media at the South Law before addressing Marine One at the White House, in Washington, DC, USA UU., February 28, 2025.
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The Trump organization demanded Capital one in Florida on Friday for supposedly “unjustifiably” closing more than 300 of the company’s bank accounts on the heels of the January 62021, riots in the US Capitol. For a multitude of president Donald TrumpAlleged.
The lawsuit said that the Trump organization and related entities “have reasons to believe that the unilateral decision of Capital One arose as a result of political and social motivations and” awakened “non -fundamental capital beliefs, which needed to distance himself from President Trump and his conservative political opinions.”
“In essence, the accounts of the capital of Capital One ‘De-Banked’ because Capital One believed that the political tide at this time favored it,” says the Trump organization in the civil case presented in the Eleventh judicial circuit Court in Miami-Dade County.
The lawsuit seeks a declaration judgment that the Bank incorrectly terminated the accounts of Trump companies in June 2021, as well as monetary damage and other monetary damage for what the demand alleged was “the devastating impact” of the terminations on the capacity of the companies to carry out transactions and access their funds.
The closures occurred more than four months after the riots in the Capitol of the United States, which began after Trump for weeks said he falsely said that he had won the presidential elections of 2020 about the former president Joe Biden.
The plaintiffs appointed of the lawsuit are Donald J. Trump Revocable Trust, DJT Holdings, DJT Holdings Member Manager, DTTM OPERACIONES AND Eric Trump, the president’s son, who with his brother, Donald Trump Jr., directs the Trump organization.
Son of the former president of the United States, Donald Trump, Eric Trump attends the second day of the National Republican Convention of 2024 at the FISVer forum in Milwaukee, Wisconsin, July 16, 2024.
Angela Weiss | AFP | Getty images
The complaint says that the plaintiffs and affiliated entities had hundreds of accounts in Capital One for decades before they closed. Eric Trump said the amount of damage suffered by companies is “millions of dollars.”
Alejandro Brito, a lawyer who represents the Trump organization in the demand, told CNBC that the company “is contemplating other demands against financial organizations that participate in similar conduct.”
Brito said that Capital One “were an attack on freedom of expression.”
A bank spokesman wrote in an email to CNBC: “Capital One does not have and does not have client accounts for political reasons.”
The logo of the consumption loans Capital One Financial Corp is seen at its headquarters on January 20, 2023 in McLean, Virginia.
Wins mcnamee | Getty Images News | Getty images
Eric Trump said in a statement: “The Capital Decision One of ‘weakening’ to our company, after more than a decade, was a clear attack against freedom of expression and the free company that goes to the face of the principles and freedoms that define our country.”
“In addition, the arbitrary closure of these stories, without justifiable cause, reflects a broader effort to silence and undermine the success of the Trump organization and those who dare to express their political views,” said Eric Trump.