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News1818-01-2026, 14:31

Trump to Sue JPMorgan Chase Over Alleged 'Debanking' After Capitol Riots

  • Donald Trump plans to sue JPMorgan Chase and CEO Jamie Dimon within 15 days, alleging discriminatory account closures.
  • Trump claims his decades-old bank accounts were closed after the January 6, 2021, Capitol violence due to his political views, a process he calls "debanking."
  • The dispute intensified after a Wall Street Journal report claimed Trump offered Dimon the Fed Chairman role, which Trump denied as a lie.
  • Jamie Dimon denied interest in leading the Federal Reserve but hinted at considering a Treasury Secretary position.
  • JPMorgan Chase stated it opposes closing accounts based on political views but declined to comment on Trump's specific case due to legal processes.

Why It Matters: Donald Trump is suing JPMorgan Chase, alleging political discrimination led to the closure of his bank accounts.

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