Capital One is under fire AGAIN for Woke debanking schemes.
Capital One promotes DEI, trans ideology, and pushes climate activism. They’ve debanked individuals – including President Trump – for political reasons, and now, they’re at it again — getting sued for debanking a firearms shop owner..
In a newly filed lawsuit, Capital One was sued for allegedly debanking a legally owned and operated gun store through its third-party vendor, seemingly as part of its anti-Second Amendment agenda.
Source: Will Hild X
This new lawsuit suggests the bank may be relying on third-party intermediaries to debank customers for political reasons, even though customers never directly agreed to work with these vendors, as a weak attempt by Capital One to establish plausible deniability of the debanking.
Source: Daily Wire
This is not the first time Capital One has gone woke. The company has a history of using its market power to push a left-wing agenda, including debanking President Trump and others for holding conservative beliefs.
Last year, the Trump Organization filed suit against Capital One, alleging that over 300 of its accounts were closed for “political and social motivations.”
Source: FoxNews.com
Similarly, firearms retailer Brandon Maddox stated his business was “unable to open a credit card account with Capital One because we were considered a firearms manufacturer/dealer by Capital One.” In an interview, Maddox claimed it took significant negotiations for Capital One to classify his store as a “sporting goods” business.
Source: NRA America’s 1st Freedom
This was not the first time Capital One debanked a business for exercising Second Amendment rights. In 2018, the company allegedly informed Appalachian Gun & Pawn, Inc. that its credit card account would be closed due to the nature of the business not aligning with its policies.
Source: Indiana Gun Owners
One year earlier, Village Pawn & Gun Shop LLC posted a photo on Facebook of a letter from Capital One informing the business that its credit card account was being closed because the company also did not align with Capital One’s policy on types of companies with which they are willing to do business.
Source: Facebook
In now deleted Terms and Services, Capital One once listed “ammunition, firearms, or firearm parts” as prohibited payments on its corporate terms page, as a way to limit gun owners’ access to capital.
Source: Capital One
Capital One has also partnered with organizations to create the READI (Rapid Employment and Development Initiative) Chicago program, an “innovative response to gun violence in Chicago.”
Source: Heartland Alliance
Debanking customers who don’t align with Capital One’s woke agenda seems to be standard. In 2025, Capital One was one of nine financial institutions that the Office of the Comptroller of the Currency (OCC) named in it its preliminary findings from a review of large banks’ debanking activities.
Source: Office of the Comptroller of the Currency
According to the report, U.S. banks reviewed account holders for non-financial risk assessments, resulting in industry sectors being “restricted based primarily on how it might appear to the public,” specifically highlighting how Capital One debanked individuals and companies for political reasons, such as ESG.
Source: Office of the Comptroller of the Currency
It is no surprise, given Capital One’s history of debanking, that the company champions other woke policies like DEI. On its Capital One Careers Diversity page, the company states: “We aim to cultivate a culture of inclusion, where associates feel seen and heard. See how our associates bring their authentic selves to work.”
Source: Capital One
On its Diversity, Inclusion and Belonging Strategy webpage, it promotes DEI policies, calling them “a roadmap to create an open culture of ideas where all associates have a voice, independent of their titles and backgrounds.”
Source: Capital One
Capital One also offers employees a range of Business Resource Groups (BRGs), including its LGBTQIA+ group “Out Front,” its feminist group “EmpowHER,” and “Voices,” a group dedicated to “creating a space where Black culture and achievements are shared and celebrated.”
Source: Capital One
In 2020, Capital One launched the Capital One Impact Initiative, a “$200 million, five-year commitment” to build on Capital One’s “core mission to change banking for good, and its priorities around racial equity.”
Source: Capital One
This commitment was described as “investing in diverse communities” and “supporting organizations that expand economic opportunity, particularly for Black and Latinx communities.”
Source: Capital One
Another DEI program initiated by Capital One was its Supplier Diversity Mentoring Program, which “provides Black and Hispanic business owners with the tools, resources and guidance needed to be competitive and succeed in today’s marketplace.” In the first year of the program, Capital One spent $704 million with diverse suppliers, an “increase of $192 million from 2020.”
Source: Capital One
Source: Capital One
Additionally, Capital One committed $10 million to organizations for “social justice for Black communities.”
Source: Capital One
Capital One is also a major advocate for radical transgender ideology. The company is listed as a member of the Human Rights Campaign’s (HRC) coalition of over 500 businesses that support the federal Equality Act, a far-left bill that encourages discrimination, allows biological males to compete in women’s sports, and would erase critical protections for medical workers, creative professionals, and others.
Source: Human Rights Campaign
Capital One held a top score from the HRC’s Corporate Equality Index in 2025.
Source: Human Rights Campaign
The bank has also highlighted its work with the Trevor Project, which promotes transgender initiatives for children. Consumers’ Research has blasted Trevor Project for running an anonymous online chat room where adults are able to prey on vulnerable children to discuss their sexuality, sexual preferences, and gender identity.
Source: Capital One
In 2022, the Capital One Center launched a Celebrate Pride campaign in partnership with SMYAL, a local LGBTQ+ nonprofit that promotes transgender ideology to kids.
Source: Capital One Center
The event hosted various events, including a “Drag Bingo Night” and “the Gay Men’s Chorus of Washington cabaret performances,” both of which were open to children.
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Source: Capital One Center
Capital One also promotes climate activism. On its Capital One’s Culture page, the company claims that it is “currently using 100% renewable energy” and has plans to “reduce gas emissions by 50% by 2030.”
Source: Capital One
In its 2021 Environmental, Social, and Governance report, Capital One touted its sustainable finance program to address the “changing environmental landscape.”
Source: Capital One
Capital One invested $75 million in tax equity in renewable energy projects such as the Chevelon Butte wind farm.
Source: Capital One
The company also provided funding, including a $500,000 grant, to The Greater New Orleans Foundation to help develop an “entry-level green infrastructure curriculum in New Orleans,” which will supposedly provide “credentialing in environmental management to Black individuals.”
Source: Capital One
In its 2024 Climate Report, Capital One pledged to reduce Scope 1 and Scope 3 emissions by 50% by 2030 and also implemented an internal carbon price that assigns cost to carbon emissions in order to inform financial decisions.
Source: Capital One
Tell Capital One to stop debanking customers and to stop prioritizing a woke agenda.
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