Archive · 23 Jan 2026
Trump Sues JPMorgan Chase for $5 Billion
Donald Trump has sued JPMorgan Chase and its CEO, Jamie Dimon, for $5 billion.
He says the bank unfairly closed his accounts because of politics.
The bank says this isn't true and will fight the lawsuit in court.
Trump thinks this happened after the events at the US Capitol on January 6, 2021.
JPMorgan says they don't close accounts for political reasons, but they do follow strict rules.
This lawsuit is part of a bigger discussion about banks and who they let use their services.
Trump's legal team argues that the bank's actions violated Florida law, which prohibits financial institutions from terminating accounts based on political beliefs.
JPMorgan denies any political motives and states that they close accounts due to legal or regulatory risks.
The lawsuit was filed on January 22, 2024, in Florida state court in Miami-Dade County.
Donald Trump sued JPMorgan Chase and CEO Jamie Dimon for $5 billion over the alleged unlawful closure of his personal and business accounts.
The lawsuit was filed on January 22, 2024, in Florida state court in Miami-Dade County.
JPMorgan denies the claims, stating they do not close accounts for political or religious reasons but due to legal or regulatory risks.
Trump alleges he was placed on a 'blacklist' by JPMorgan, which is accessible to federally regulated banks, and that the closures reflected political bias.
The lawsuit comes amid broader criticism of banking regulations and financial access, with Trump arguing that debanking is a form of discrimination.
- Who
- Donald Trump and his hospitality-related companies vs. JPMorgan Chase & Co. and CEO Jamie Dimon
- What
- A lawsuit alleging unlawful closure of Trump's personal and business accounts
- When
- Filed on January 22, 2024
- Where
- Florida state court in Miami-Dade County
- Why
- Trump alleges JPMorgan placed him on a 'blacklist' and closed his accounts for political reasons
- Plaintiff
- Donald Trump and his hospitality-related companies
- Defendants
- JPMorgan Chase & Co. and CEO Jamie Dimon
- Filing Date
- January 22, 2024
- Court
- Florida state court in Miami-Dade County
- JPMorgan's Response
- The lawsuit has no merit and they will defend themselves in court
- Jamie Dimon's Statement
- JPMorgan does not debank customers based on political or religious affiliations
- Trump's Allegation
- JPMorgan placed Trump and his entities on a 'blacklist'
- Context
- Trump claims debanking occurred after the January 6, 2021, US Capitol riot
- Alleged Damages
- $5 billion
Sources
Trump sues JPMorgan Chase and CEO Jamie Dimon over alleged 'debanking' claims
Donald Trump Sues JPMorgan Chase for $5 Billion Over Alleged ‘Debanking’ and Account Closures
Donald Trump files $5 billion lawsuit against JPMorgan for debanking him after January 6 riots
Trump sues JPMorgan Chase, CEO Jamie Dimon for $5 billion over alleged ‘debanking’
Why Is Trump Suing Jamie Dimon And JP Morgan? 'Debanking' Lawsuit Explained
Trump Sues JPMorgan Chase, CEO Jamie Dimon Over Alleged 'Debanking'
Trump sues JPMorgan Chase, Jamie Dimon for USD 5 billion over alleged debanking
Donald Trump sues JPMorgan Chase and CEO Jamie Dimon for $5 billion over alleged debanking
Was Trump blacklisted? POTUS sues JPMorgan, CEO Jamie Dimon in $5 billion lawsuit
Donald Trump sues JPMorgan's Jamie Dimon for $5 billion over 'debanking' accusations
JPMorgan Chase hikes CEO Jamie Dimon's pay by 10.3% amid Donald Trump's $5 billion lawsuit over ‘debanking’ allegations
Trump Sues JPMorgan for $5 Billion, Alleges the Bank Closed His Accounts for Political Reasons
Trump-Jamie Dimon's Relationship End In $5 Billion Suit Against JPMorgan, CEO
