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Trump accounts were closed in 2021 due to concerns over possible money laundering, Capital One says
Summary by The Nashville Editorial Desk · Byline on the source page: AP via Scripps News Group , as published by NewsChannel 5 WTVF (CBS affiliate)
· August 4, 2026
· 1 min read
Photo: NewsChannel 5 WTVF (CBS affiliate) · view original
Story provenance No corrections
Summary created by The Nashville Editorial Desk — automated, rule-governed Byline on source page AP via Scripps News Group, as published by NewsChannel 5 WTVF (CBS affiliate) Original story Read at the source Source published Aug 4, 2026 Indexed here Aug 4, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The case stems from the closure of Trump's bank accounts in 2021.
A lawsuit is underway involving Capital One and a financial holding company tied to President Donald Trump. The bank is seeking to have the lawsuit dismissed. The case stems from the closure of Trump's bank accounts in 2021.
Further details are available from NewsChannel 5 WTVF. The bank's actions were reportedly taken after reviewing certain financial activity, but the specifics of the case are part of an ongoing court filing.
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About this story
As published by NewsChannel 5 WTVF (CBS affiliate) . The Nashville surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NewsChannel 5 WTVF (CBS affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: August 4, 2026 ·
Source: NewsChannel 5 WTVF (CBS affiliate) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A lawsuit is underway involving Capital One and a financial holding company tied to President Donald Trump. The bank is seeking to have the lawsuit dismissed. The case stems from the closure of…
When was this published? This article was first published on August 4, 2026 by NewsChannel 5 WTVF (CBS affiliate) and curated for The Nashville readers.
Who reported this story? This story was reported by AP via Scripps News Group at NewsChannel 5 WTVF (CBS affiliate). To learn more about how The Nashville selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Nashville, or browse our daily briefing and topic hubs .
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