Trump Threatens to Sue JPMorgan Over Alleged Post-Jan 6 Debanking

• Donald Trump announced plans to sue JPMorgan Chase & Co. and its CEO Jamie Dimon, alleging he was 'debanked' after the January 6, 2021, Capitol riot.
• Trump claims JPMorgan asked him to close accounts he held for decades, linking it to his supporters storming the Capitol.
• JPMorgan spokesperson Trish Wexler stated the bank agrees no account should be closed due to political or religious beliefs and supports efforts against 'debanking'.
• The lawsuit threat follows a Wall Street Journal story about Trump allegedly offering Dimon the Federal Reserve chief role, which Dimon interpreted as a joke.
• Jamie Dimon has publicly stated he would not consider becoming the Fed chair, though he would consider a Treasury role.

Why It Matters: Trump plans to sue JPMorgan, claiming political debanking post-Jan 6, while Dimon denies job offers.