Close Menu
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest USA news and updates directly to your inbox.

What's On
Jared Leto Denies Sexual Assault Claims, Danny DeVito and Rhea Perlman’s Status and More Top Stories

Jared Leto Denies Sexual Assault Claims, Danny DeVito and Rhea Perlman’s Status and More Top Stories

July 30, 2026
All rehab options on table for Clay Holmes with Mets future uncertain at deadline

All rehab options on table for Clay Holmes with Mets future uncertain at deadline

July 30, 2026
Trump gives first look of gold makeover to iconic Arts of War DC sculptures

Trump gives first look of gold makeover to iconic Arts of War DC sculptures

July 30, 2026
Facebook X (Twitter) Instagram
Trending
  • Jared Leto Denies Sexual Assault Claims, Danny DeVito and Rhea Perlman’s Status and More Top Stories
  • All rehab options on table for Clay Holmes with Mets future uncertain at deadline
  • Trump gives first look of gold makeover to iconic Arts of War DC sculptures
  • Afghan woman faces deportation through long-dormant court for aiding ISIS plot
  • Tracee Ellis Ross Just Gave the Raffia Bag a Sophisticated, City-Girl Twist — And You Can Too
  • Quinnen Williams’ clear Cowboys wish may have just gotten pricier with Dallas brass eager to start contract talks
  • Exclusive | Former Fox News meteorologist Janice Dean rips Fauci for hiding behind the 5th Amendment: ‘What a coward’
  • ‘Madden NFL 27’ top quarterback ratings revealed with Stafford, Allen at 99
  • Privacy
  • Terms
  • Advertise
  • Contact Us
Join Us
USA TimesUSA Times
Newsletter Login
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
USA TimesUSA Times
Home » Exclusive | Sen. Elizabeth Warren presses Eric Trump for update on Capital One de-banking lawsuit
Exclusive | Sen. Elizabeth Warren presses Eric Trump for update on Capital One de-banking lawsuit
Business

Exclusive | Sen. Elizabeth Warren presses Eric Trump for update on Capital One de-banking lawsuit

News RoomBy News RoomJuly 2, 20262 ViewsNo Comments

Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, is asking Eric Trump to confirm whether his family will resume legal action against Capital One over allegations it de-banked family-linked accounts, The Post has learned.

The far-left pol asked for answers on whether the Trump family will re-file its lawsuit against Capital One by an upcoming deadline this month, after accusing the bank of blocking the president and his family’s accounts out of “woke” political motives.

The inquiry is part of Warren’s probe into Brian Johnson, a Capital One exec whom Trump nominated to lead the Consumer Financial Protection Bureau, which the White House has gutted. His nomination is currently awaiting Senate approval.

“In recent months, your father’s opinion has been very important to my Republican colleagues,” Warren wrote in a letter sent Thursday to Eric Trump, who runs The Trump Organization with brother Don Jr.

“Given the Trump family’s allegations against Capital One and the role the CFPB would play in addressing concerns about de-banking, it would be helpful for the Committee to understand your views on Capital One as it considers Mr. Johnson’s nomination,” she added.

“It would also be helpful to understand your family’s plans, if any, to re-file the claims you brought against Capital One by Judge Altman’s July 17, 2026, deadline.”

In March 2025, the Trump family sued Capital One for allegedly de-banking hundreds of accounts in 2021 that were tied to the president’s family members and held millions of dollars.

The lawsuit claimed Capital One terminated the accounts due to “woke” beliefs that “it needed to distance itself from President Trump and his conservative political views.”

“I can’t tell you how hard it is to change more than 300 bank accounts – and for no reason whatsoever,” Eric Trump told Fox News Digital at the time. “These were hotels and golf courses, residential buildings and commercial buildings, retail outlets and skating rinks and parking garages.

“There was no political affiliation,” he added. “The only common denominator was that they wore the Trump name.”

Capital One has denied claims it shuttered Trump-linked accounts due to political discrimination.

Earlier this year, US District Judge Roy Altman granted Capital One’s request to dismiss the “deficient” lawsuit, which he said lacked specific details, but granted the Trump family a July 2, 2026, deadline to re-file the complaint. He later extended the deadline to July 17.

Warren is also investigating whether Johnson played a role in the CFPB’s decision last year to terminate a Biden-era lawsuit against Capital One, according to Bloomberg Law.

CFPB, the creation of which was first proposed by Warren, has seen sharp drops in its employees’ ranks since Trump took office.

The agency, which is meant to protect consumers in the financial sector, had about 1,200 employees at the end of January — down roughly 30% from before Trump took office.

“The CFPB has been a woke & weaponized agency against disfavored industries and individuals for a long time. This must end,” White House budget chief Russ Vought wrote last year on X.

The White House recently stepped back from plans to fire the remaining 90% of the staff, saying in April it wants to fire half, instead.

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Meta’s Mark Zuckerberg blasts AI ‘centralization,’ opposes US ban on Chinese models

Meta’s Mark Zuckerberg blasts AI ‘centralization,’ opposes US ban on Chinese models

Hims & Hers sent users’ health data to social media giants despite promising privacy, bombshell FTC lawsuit claims

Hims & Hers sent users’ health data to social media giants despite promising privacy, bombshell FTC lawsuit claims

Meta shares tumble 10% as Mark Zuckerberg’s AI spending spree stuns Wall Street

Meta shares tumble 10% as Mark Zuckerberg’s AI spending spree stuns Wall Street

Diamond giant De Beers in talks for B sale to consortium – fraction of previous worth due to plummeting demand: report

Diamond giant De Beers in talks for $1B sale to consortium – fraction of previous worth due to plummeting demand: report

How Mamdani’s pied-à-terre tax is pushing NYC business leaders to the brink — and may spark a war

How Mamdani’s pied-à-terre tax is pushing NYC business leaders to the brink — and may spark a war

Anthropic, OpenAI now bringing in more money than Starbucks and McDonald’s combined

Anthropic, OpenAI now bringing in more money than Starbucks and McDonald’s combined

Fed holds interest rates steady as dissent mounts over whether to hike rates soon

Fed holds interest rates steady as dissent mounts over whether to hike rates soon

Trump admin bans Chinese robot imports, citing national security threats

Trump admin bans Chinese robot imports, citing national security threats

Dow slumps 700 points, oil jumps over 6% after Trump vows to give Iran ‘beating’ following surprise attacks

Dow slumps 700 points, oil jumps over 6% after Trump vows to give Iran ‘beating’ following surprise attacks

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

All rehab options on table for Clay Holmes with Mets future uncertain at deadline

All rehab options on table for Clay Holmes with Mets future uncertain at deadline

July 30, 2026
Trump gives first look of gold makeover to iconic Arts of War DC sculptures

Trump gives first look of gold makeover to iconic Arts of War DC sculptures

July 30, 2026
Afghan woman faces deportation through long-dormant court for aiding ISIS plot

Afghan woman faces deportation through long-dormant court for aiding ISIS plot

July 30, 2026
Tracee Ellis Ross Just Gave the Raffia Bag a Sophisticated, City-Girl Twist — And You Can Too

Tracee Ellis Ross Just Gave the Raffia Bag a Sophisticated, City-Girl Twist — And You Can Too

July 30, 2026

Subscribe to News

Get the latest USA news and updates directly to your inbox.

Latest News
Quinnen Williams’ clear Cowboys wish may have just gotten pricier with Dallas brass eager to start contract talks

Quinnen Williams’ clear Cowboys wish may have just gotten pricier with Dallas brass eager to start contract talks

July 30, 2026
Exclusive | Former Fox News meteorologist Janice Dean rips Fauci for hiding behind the 5th Amendment: ‘What a coward’

Exclusive | Former Fox News meteorologist Janice Dean rips Fauci for hiding behind the 5th Amendment: ‘What a coward’

July 30, 2026
‘Madden NFL 27’ top quarterback ratings revealed with Stafford, Allen at 99

‘Madden NFL 27’ top quarterback ratings revealed with Stafford, Allen at 99

July 29, 2026
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
© 2026 USA Times. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.