It was yet another in a long list of discriminatory practices many prominent conservatives were subjected to in recent years as open bias in the media and the corporate world became tolerated and even applauded. It's called “debanking,” and it's when financial institutions abruptly refuse to do business with certain entities and unceremoniously shutter their accounts with no explanation. 

Those accounts are invariably conservative. (There are legitimate occasions when banks close high-risk accounts or ones suspected of money laundering or illicit activity—but that's not what we're talking about here.) 

Eric Trump and the Trump organization were among the many who were victimized, as Capital One shut down over 300 of their business accounts in 2021.

Now he wants payback, with interest:

Today, the Trump Organization filed a lawsuit in Miami-Dade County against @CapitalOne 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”…

— Eric Trump (@EricTrump) March 7, 2025

The president’s third-oldest child’s social media post is long, but here are some relevant points:

Today, the Trump Organization filed a lawsuit in Miami-Dade County against @CapitalOne 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...

Businesses should not be targeted or punished for their political affiliations…

This lawsuit, and those that follow, are necessary steps to protect the integrity of American business practices and to ensure that no company or individual is unfairly targeted for their beliefs, affiliations, or business activities. We will not stand by while big banks misuse their power to stifle businesses and harm innocent Americans.

Amen to that. Eric's father President Trump is certainly aware of what's been going on:

Bank of America Issues Curious Statement After Trump Levels Them at WEF, and People Have Thoughts

MUST WATCH: President Trump just SLAMMED the CEO of Bank of America to his face for debanking Conservatives pic.twitter.com/GNIWeYDszT

— Libs of TikTok (@libsoftiktok) January 23, 2025

Capital One—while staying busy wooing customers with their chipper ads asking “What’s in Your Wallet?” starring Samuel L. Jackson, Jennifer Garner and others—was at the same time kicking their actual customers in the teeth: 

The Trump Organization filed the lawsuit against Capital One in the Circuit Court of the Eleventh Judicial Circuit for Miami-Dade County, Florida, Friday. The plaintiffs in the case are Eric Trump, the Donald J. Trump Revocable Trust, DJT Holdings, DJT Holdings Managing Member and DTTM Operations. 

On March 8, 2021, Capital One notified Trump and the plaintiffs that hundreds of bank accounts that they controlled, were beneficiaries of and actively used would be closed June 7, 2021. According to the lawsuit, Capital One did not provide Trump and the plaintiffs any "recourse, remedy, or alternative — its decision was final." 

The accounts affiliated with the Trump Organization held millions of dollars belonging to them and their affiliated entities. 

Eric Trump made a statement to Fox News Digital, in which he said, "This is just the beginning:"

"America is sick and tired of political lawfare," Trump added. "As a person and as a company, I won’t stand for major corporations that seek to inflict incredible harm and damage on people who might have opposing views.

"I will hold them and others accountable. This is just the beginning." 

I hope so. Debanking, widespread Big Tech and Big Media censorship, and the weaponization of the federal government were all evils that were allowed to fester under the Biden administration. Although most banks deny they practiced “debanking,” it will be interesting to hear in court therefore just why Capital One closed over 300 accounts associated with the Trump family and their businesses.

Hope it takes a big bite of that wallet, Capital One. 

Trump, his family and his awesome Cabinet are busy righting the wrongs of the previous disastrous administration.

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