New Jewish-Arab Party Seeks Young Voters Ahead of Israel Election Amid Debate Over Arab Vote 
Brazil Court Bars Flavio Bolsonaro From Visiting Jair Bolsonaro Ahead of Election 
Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Trump-Backed Russia Sanctions Bill Faces House Hurdles Over Tariff Powers 
South Korea Reviews Border Drone Incident After Troops Mistake U.S. Aircraft for Potential Threat 
xAI Sues Man for Allegedly Using Grok to Generate AI Child Abuse Deepfakes 
DOJ Subpoenas Major Law Firms in Trump Executive Order Dispute 
Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 
SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027 
Suez Canal Shipping Faces New Risk After Drone Strike on Gas Tankers in Egypt 
California ICE Detention Center Found to Have Inadequate Medical Care, Court Monitor Says 
Meta Stock Drops After Earnings Miss as AI Spending and Legal Costs Weigh on Profit 
Tesla Weighs China Business Separation Amid SpaceX Merger Speculation 
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role 
Capital One Financial has defended its decision to close hundreds of bank accounts linked to the Trump Organization, arguing in a court filing that the move followed an extensive anti-money laundering (AML) review rather than political bias.
The filing, submitted Friday, marks the first time a financial institution has formally linked AML concerns to the Trump family business in court, although Capital One emphasized it has never accused the Trump Organization of engaging in illegal money laundering.
According to the bank, the account closures resulted from months of analysis conducted by its anti-money laundering specialists in line with internal policies and federal banking guidance. Capital One stated that the decision was based on transaction patterns identified during the review and not on political or ideological considerations.
The dispute stems from Capital One’s March 2021 decision to notify the Trump Organization that it would close more than 300 affiliated accounts. In March 2025, the Trump Organization and Eric Trump filed a lawsuit in federal court in Florida, alleging the bank engaged in unlawful "debanking" by terminating services because of its political views and in response to the climate following the January 6, 2021, U.S. Capitol riot.
Capital One has asked the court to dismiss the latest version of the complaint, arguing it contains the same deficiencies as two earlier filings that were previously rejected. The bank described the plaintiffs’ allegations as "misguided," claiming they relied on selective quotations that ignored the broader context of the evidence presented.
The case unfolds as the Trump administration continues to scrutinize large U.S. banks over claims that conservative individuals and organizations have faced politically motivated account closures. President Donald Trump signed an executive order in August 2025 prohibiting discriminatory debanking practices and later sued JPMorgan Chase over similar allegations.
The legal battle also revives attention to Trump's past disputes with major lenders. In 2019, during his first term, Trump sued Capital One and Deutsche Bank to block the release of his financial records to Congress. Reports at the time claimed Deutsche Bank's AML specialists had flagged certain transactions, although the bank denied those allegations.
