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Capital One axed over 300 Trump-linked accounts without warning or explanation, leaving hotels, golf courses and thousands of employees scrambling. That's a corporation wielding financial power to punish political opponents. Debanking conservatives is a real and growing threat, and holding Capital One accountable protects every American's right to fair financial access.
Capital One didn't close Trump's accounts over politics — the bank's anti-money-laundering team flagged them for suspicious transactions. Calling a financial crimes investigation political persecution is a convenient cover story. The timing of a memo granting Trump family immunity from IRS audits makes the whole debanking narrative look even more like a calculated distraction from serious legal exposure.