Home / Politics / What Is Debanking? Trump’s JPMorgan Lawsuit, Explained

What Is Debanking? Trump’s JPMorgan Lawsuit, Explained

In a lawsuit against JPMorgan Chase & Co., President Donald Trump and his business entities accused the bank and its chief executive officer, Jamie Dimon, of closing Trump’s accounts because of his politics. The country’s largest bank ended its relationship with Trump about seven weeks after the Jan. 6, 2021 Capitol riot. JPMorgan said in a statement that the suit has no merit.

In a lawsuit against JPMorgan Chase & Co., President Donald Trump and his business entities accused the bank and its chief executive officer, Jamie Dimon , of closing Trump’s accounts because of his politics. The country’s largest bank ended its rela… [352 chars]

Source: Bloomberg | Published: 2026-01-26T18:57:49Z

Credit: Bloomberg

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