Capital One Says It Closed the Trump Organization’s Bank Accounts After an Internal Probe

Capital One says it closed the Trump Organization’s accounts after an internal anti-money laundering investigation. The disclosure marks the first time a bank has formally tied money laundering concerns to Trump’s family business. Capital One made the claim while seeking to dismiss the Trump Organization’s lawsuit. That suit accuses Capital One of illegally “debanking” the Trump Organization on religious or political grounds — a claim the bank now disputes. www.democracynow.org