NPR.
You might assume that banks want your business.
But not always.
In fact, if you already have an account, a bank could simply ask you,
hey, please pick up a check and take your business elsewhere.
You know, nobody has a right to a bank account.
It's up to the bank.
Behind the ATMs and tellers, there's another division.
It's a detective agency called the Anti-Money Laundering Department.
They're checking in on transactions, marking down money flows that appear sketchy.
This department can even shut down a bank account without telling the customer why.
And it's this anti-money laundering department
that allegedly found the Trump organization making some unusual transactions at Capital One.
This is The Indicator from Planet Money.
I'm Ricky Mulvey.
And I'm Adrian Ma.
Today on the show, we're stepping behind the curtain to find out why banks shut down accounts.
And the controversial issue of debanking, how banks have cut customers for political or reputational reasons,
and how all of this ties into the legal spat between the Trump Organization and Capital One.
That's after the break.