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Trump’s Banks Under Fire | Roanoke News

Trump’s Banks Under Fire | Roanoke News

Published 1 week, 3 days ago
Description

Capital One shut down Donald Trump’s bank accounts in 2021 after its anti-money laundering team flagged suspicious activity — a move now at the center of a lawsuit Trump claims was politically motivated. The bank insists it followed policy and regulations, while Trump’s legal team accuses it of discriminatory “debanking” tied to January 6th. He’s also sued JPMorgan Chase for similar reasons, demanding $5 billion, as both banks deny political bias. With Trump’s administration pushing back on financial scrutiny, this case highlights a growing conservative outcry over perceived banking discrimination — and whether institutions are truly acting on risk or politics.

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