Donald Trump Sues JPMorgan, Jamie Dimon for $5 Billion Over 'Debanking'

• Donald Trump has filed a lawsuit against JPMorgan Chase & Co. and CEO Jamie Dimon, seeking at least $5 billion.
• The lawsuit alleges that JPMorgan stopped providing banking services to Trump and his companies for political reasons, accusing the bank of trade libel and violating good faith.
• Trump claims the bank's actions caused significant financial and reputational harm, citing the closure of accounts without warning after the January 6, 2021, Capitol attack.
• JPMorgan denies terminating accounts based on political or religious beliefs, stating it faces reviews and investigations related to 'debanking' claims.
• Trump has previously sued Capital One Financial Corp. for similar allegations and has been vocal against banks for perceived ideological debanking.

Why It Matters: Donald Trump is suing JPMorgan and Jamie Dimon for $5 billion, alleging politically motivated 'debanking'.