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| Government Corruption |
| Trump Sues JPMorgan And CEO Jamie Dimon For $5 Billion Over Alleged 'Political' Debanking |
| 2026-01-23 |
| [ZH] Lie down with President Donald Trump has filed a lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming the banking giant debanked him for political reasons. The lawsuit was filed Thursday morning in a Miami state court by his attorney, Alejandro Brito, on behalf of Trump and several of his hospitality companies. The complaint cites JPMorgan's code of conduct, which reads: "We set high expectations and hold ourselves accountable. We do the right thing—not necessarily the easy or expedient thing. We abide by the letter and spirit of the laws and regulations everywhere we do business and have zero tolerance for unethical behavior." According to Brito, "Despite claiming to hold these principles dear, JPMC violated them by unilaterally—and without warning or remedy—terminating several of Plaintiff’s bank accounts." Trump and his companies have "transacted hundreds of millions of dollars" through the bank, the lawsuit reads, adding that Feb. 19, 2021 was the day that "forever altered the dynamic of the parties’ relationship," when the bank allegedly "without warning or provocation," notified Trump and his companies that several of their bank accounts or were beneficiaries of, "would be closed just two months later, on April 19, 2021." "JPMC did not provide plaintiffs with any recourse, remedy, or alternative—its decision was final and unequivocal," reads the suit. As the Epoch Times noted over the weekend, in August 2025, Trump issued an executive order to ensure that banks cannot refuse services to individuals based on their political or religious beliefs, a practice known as “debanking.” A watchdog in December found that nine large U.S. banks actively engaged in the practice between 2020 and 2025. “To date, the [Office of the Comptroller of the Currency] has observed that between 2020 and 2023, the banks maintained public and nonpublic policies restricting certain industry sectors’ access to banking services,” the report reads. “Many industry sectors were restricted based primarily on how it might appear to the public if the bank provided access to financial services to these sectors.” Related: JPMorgan Chase 10/06/2025 With Wall Street jobs fleeing, New York is nearing the point of no return JPMorgan Chase 09/04/2025 US military didn't plan for Taliban's ISIS-K jailbreak, forced a rush to close Bagram Air Base JPMorgan Chase 05/31/2025 JPMorgan's Jamie Dimon calls on US to stockpile bullets, rare earth instead of bitcoin |
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