Capital One asked a federal judge to dismiss the Trump Organization's lawsuit, arguing account closures in 2021 were due to a monthslong anti-money-laundering review, not retaliation for the Jan. 6 Capitol riot as claimed by Trump businesses.
Capital One Financial has formally stated in a court filing that it closed over 300 Trump Organization bank accounts due to anti-money laundering (AML) concerns, marking the first time a bank has publicly linked such issues to Donald Trump's business. This disclosure came as Capital One sought to dismiss a lawsuit by the Trump Organization alleging illegal "debanking" on political grounds.
Capital One Financial has defended its 2021 closure of over 300 Trump Organization bank accounts in a US federal lawsuit, stating the decision was made after an anti-money laundering review. This marks the first time a bank has formally tied AML concerns to the Trump family business.
Capital One defended its 2021 closure of Trump Organization accounts, citing anti-money laundering (AML) concerns in a Florida federal court filing. This marks the first time a bank formally linked AML issues to Trump's business, refuting claims of politically motivated debanking.
Palm Beach International Airport is now officially President Donald J. Trump International Airport following a state law taking effect. The renaming, which adds to places named after Trump, is controversial due to its timing while he is in office and trademark filings by his company, raising questions about potential financial benefits.
Relatório de ética revela que Donald Trump declarou mais de US$ 1 bilhão em criptomoedas e milhares de transações de ações. Ativos digitais se tornaram sua principal fonte de renda declarada, com US$ 500 milhões de uma empresa fundada por ele e US$ 635 milhões de uma memecoin.
A Trump Tower project in Tbilisi, Georgia, is planned on land partly owned by Uta Ivanishvili, son of US-sanctioned leader Bidzina Ivanishvili. The deal raises concerns about potential conflicts of interest due to the Trump Organization's involvement.
The U.S. government has permanently dropped tax claims against President Trump and his organization as part of a settlement over a lawsuit concerning leaked tax returns. The deal also includes a $1.8 billion fund for individuals who believe they were unjustly investigated, drawing criticism from Democrats and watchdogs.
A general manager from Donald Trump's golf club is volunteering to help renovate the Lincoln Memorial reflecting pool, a project Trump is overseeing. The Interior Department confirmed the unpaid involvement, while reports suggest the manager helped recruit a contractor who received a $1.7 million contract.
A $1.8B settlement protects Trump, family, and organization from IRS actions on past tax returns. Sen. Wyden calls it illegal interference. The settlement resolves a lawsuit over leaked tax filings.
The Trump Organization has dropped its $10 billion lawsuit against the IRS. In exchange, the DOJ will establish a $1.776 billion "Anti-Weaponization Fund" to settle claims from alleged victims of "lawfare."
Donald Trump, his sons, and the Trump Organization dropped a $10 billion lawsuit against the IRS. This move is linked to the DOJ creating a $1.776 billion fund for alleged victims of 'lawfare'. Critics call it a 'slush fund' for political allies.
A deal to build a Trump Tower on Australia's Gold Coast has fallen through, with the developer citing the Trump brand as 'toxic' due to its association with the US president and the war in Iran.
