The lawsuit, filed in a Florida state court in Miami-Dade County, accused the largest U.S. bank of violating its own policies by singling out Trump to ride the "political tide."
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News1823-01-2026, 16:17

Trump Sues JPMorgan for $5 Billion, Alleges Political Debanking

  • Donald Trump filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon.
  • Trump accuses JPMorgan of closing his accounts due to a political agenda, violating bank policies.
  • The lawsuit, filed in a Florida state court in Miami-Dade County, claims the bank singled out Trump to ride the “political tide.”
  • JPMorgan denies closing accounts for political reasons and states the lawsuit has no merit.
  • Trump also alleges Dimon created a “blacklist” to warn other banks against doing business with the Trump Organization and family.

Why It Matters: Donald Trump is suing JPMorgan Chase for $5 billion, claiming political bias led to his debanking.

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