Legal

Trump’s Capital One ‘De-Banking’ Suit Faces Key Survival Test

A Capital One bank branch in New York.
Photographer: Jeenah Moon/Bloomberg

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By Erik Larson

March 20, 2026 at 12:24 PM UTC

The Trump Organization’s lawsuit accusing Capital One Financial Corp. of illegally closing its accounts in 2021 for political reasons is set to face a key test in a Florida courtroom.

A federal judge in Miami is holding arguments Friday on Capital One’s request to toss out the so-called de-banking suit. The civil complaint was filed a year ago by President Donald Trump’s sprawling real estate company and its executive vice president, his son Eric Trump.