Trump Organization Sues Capital One Over Closed Accounts
The Trump Organization has filed suit against Capitol One for closing hundreds of the company's accounts in 2021.
President Donald Trump's son, Eric Trump, executive vice president of the Trump Organization, on Friday posted a statement about the case on Instagram:
"Today, the Trump Organization filed a lawsuit in Miami-Dade County against to hold the bank accountable for their egregious conduct in unjustifiably terminating over 300 of the company's bank accounts, without cause, in 2021.
"The decision by Capital One to 'debank' our company, after well over a decade, was a clear attack on free speech and free enterprise that flies in the face of the bedrock principles and freedoms that define our country. Moreover, the arbitrary closure of these accounts, 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.