Trump Sues JPMorgan Over Account Closures

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Trump Sues <a href="https://www.jpmorganchase.com/communities" title="Communities | JPMorganChase" rel="noopener">JPMorgan Chase</a> and <a href="https://www.cnbc.com/2024/09/10/jamie-dimon-says-the-worst-outcome-is-stagflation-a-scenario-hes-not-taking-off-the-table.html" title="Jamie Dimon says 'the worst outcome is stagflation,' a scenario ... - CNBC" rel="noopener">Jamie Dimon</a> for‌ $5 Billion

Trump Sues JPMorgan Chase⁢ and Jamie Dimon ⁣for $5 Billion

Published:⁤ 2026/01/22 23:57:23

Former president Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and its ⁢CEO, Jamie Dimon, alleging that the bank improperly terminated his accounts in 2021 due to political motivations.⁢ The lawsuit, filed in Florida, claims the bank’s actions caused meaningful financial harm to Trump and his businesses [[1]], [[2]], [[3]].

Background of the Case

According to⁣ the lawsuit,⁢ JPMorgan Chase informed Trump and⁢ several of his companies⁢ on‍ February ⁢19, 2021, that thier accounts would be closed within two months. Trump alleges this decision resulted in unfavorable business terms with other financial institutions​ and⁢ placed him‍ on a restricted list within the asset management sector. The suit names both JPMorgan Chase and jamie Dimon personally.

Previous Disputes and⁢ Political Context

This lawsuit is not⁣ the

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