Trump Sues JPMorgan, CEO Dimon for $5 Billion Over Alleged 'Debanking'
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Firstpost•23-01-2026, 05:45
Trump Sues JPMorgan, CEO Dimon for $5 Billion Over Alleged 'Debanking'
- •Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase & Co. and CEO Jamie Dimon.
- •The lawsuit, filed in a Florida state court in Miami-Dade County, alleges unlawful "debanking" for political reasons.
- •Trump claims JPMorgan closed accounts linked to him and his businesses, violating internal policies.
- •He also accuses Dimon of creating a "blacklist" to deter other financial institutions from working with him.
- •JPMorgan denies the claims, stating accounts are not closed for political reasons and the lawsuit has no merit.
Why It Matters: Donald Trump is suing JPMorgan Chase and Jamie Dimon for $5 billion over alleged politically motivated debanking.
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