Politics1/22/2026•Bloomberg

Trump Sues JPMorgan for $5 Billion Over Debanking Claims

Trump Sues JPMorgan for $5 Billion Over Debanking Claims

Former President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase & Co. and its CEO, Jamie Dimon, alleging that the bank stopped providing him and his businesses with banking services for political reasons. Trump claims that JPMorgan Chase's actions were "part of a larger conspiracy to silence him and other conservative voices." The lawsuit alleges that the bank's decision to end its relationship with Trump and his businesses was not based on legitimate business concerns but rather on "political discrimination." JPMorgan Chase has not yet commented on the lawsuit. The case is the latest legal battle involving the former president, who has been engaged in numerous lawsuits and investigations related to his business dealings and political activities.

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