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Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged 'political' debanking

Posted on 1/22/26 at 1:36 pm
Posted by ItzMe1972
Member since Dec 2013
12420 posts
Posted on 1/22/26 at 1:36 pm
Glad to see this. Discovery should be interesting.

Jaime Dimon has said they debanked both parties and there is nothing to see here....move along.

Chat GPT: According to multiple reports from January 2026, the bank closed multiple accounts linked to Trump, his businesses (including the Trump Organization and related entities), and reportedly family members. This occurred in early 2021—specifically, notifications were sent in February 2021, with closures effective around April 2021—shortly after the January 6, 2021, Capitol events and the end of Trump's first term.



LINK
This post was edited on 1/22/26 at 1:42 pm
Posted by Timeoday
Easter Island
Member since Aug 2020
20812 posts
Posted on 1/22/26 at 1:40 pm to
Oh, I guess I spoke too soon about Dimon suffers no personal loss.
Posted by Robin Masters
Birmingham
Member since Jul 2010
35821 posts
Posted on 1/22/26 at 1:44 pm to
Must be why Dimon was publicly glazing Trump the other day.

He knew this was coming.
Posted by SpecialK_88
Member since Dec 2025
273 posts
Posted on 1/22/26 at 1:46 pm to
So what’s the logic here? Isn’t a private company allowed to do what they want? Similar to a bakery being protected from making a cake for a gay couple?
Posted by CaptEasy
Panama City Beach
Member since Feb 2018
669 posts
Posted on 1/22/26 at 1:49 pm to
quote:

So what’s the logic here? Isn’t a private company allowed to do what they want?


Sure.

I say a bank should be able to deny someone a loan for any reason, without worrying about “violating” anyone’s civil rights.
Posted by KCT
Psalm 23:5
Member since Feb 2010
48334 posts
Posted on 1/22/26 at 1:58 pm to
JPMorgan Chase is going to have a very tough year, and it has nothing to do with this.

I wonder if the dummies here will ever figure out that Trump has been attacked for 10 years by the corrupt Political Establishment simply because he was a political outsider who was not spawned by the system?

2016 was supposed to be, yet again, a Presidential election between two political establishment crooks. Hillary Clinton vs. Jeb Bush (geez, those last names seem familiar). But, a brash billionaire businessman named Donald Trump came along and turned politics upside down.

And, of course, that same corrupt establishment has been trying to destroy him ever since. Who knows? Perhaps the usual suspects like Power, Roger, SFP, etc. will figure it out one of these days.
Posted by ItzMe1972
Member since Dec 2013
12420 posts
Posted on 1/22/26 at 2:00 pm to
The lawsuit claims that JPMorgan did not give Trump any 'warning or remedy' before deciding to close his accounts.

Trump had been a customer for decades, according to the lawsuit and 'transacted hundreds of millions of dollars' through the bank, the filing states.

The President's legal team is demanding a jury trial and is accusing JPMC and Dimon of trade libel, violating Florida's unfair and deceptive trade practices act, declaratory relief and breach of implied covenant of good faith and fair dealing.

The filing also alleges that JPMorgan 'unlawfully and unjustifiably' published the names of the President, his family members, businesses and affiliates to a 'blacklist.'

This so-called blacklist, the lawsuit alleges, is accessible by federally regulated banks and is comprised of individuals and entities with a history of malfeasant acts or noncompliance with applicable banking rules and regulations.

LINK
Posted by TDTOM
Member since Jan 2021
25570 posts
Posted on 1/22/26 at 2:02 pm to
frick Jamie Dimon.
Posted by ItzMe1972
Member since Dec 2013
12420 posts
Posted on 1/22/26 at 2:08 pm to
A 2025 New York Post report cited unnamed bank insiders claiming pressure from Biden-era regulators (Office of the Comptroller of the Currency, FDIC, Federal Reserve) over "reputational risk" guidelines, broadly applied post-January 6 to conservatives like Trump. These sources suggested warnings of heightened scrutiny led banks to close accounts, though specifics on direct Biden involvement remain unverified.
Posted by LSU Patrick
Member since Jan 2009
77587 posts
Posted on 1/22/26 at 2:10 pm to
Add another wing to the Trump Library!
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