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

See more of our coverage in your search results. Add The New York Post on Google Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, is calling out President Trump for nominating an exec from the same bank his family sued for alleged de-banking, The Post has learned. Brian Johnson, Capital One’s vice president of compliance, has been getting grilled by Warren over his nomination to run the Consumer Financial Protection Bureau. His candidacy comes after Trump’s family sued Capital One for allegedly de-banking hundreds of Trump accounts. Warren unscored those events in a Thursday letter to Eric Trump, asking him if his family plans to press ahead with its legal case. “In recent months, your father’s opinion has been very important to my Republican colleagues,” the far-left Massachusetts senator wrote 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,” the far-left pol added in the letter shared with The Post. “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.” The Trump Organization and Capital One did not respond to The Post’s requests for comment. 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.