Trump takes JPMorgan Chase Jamie Dimon to court in $5B debanking lawsuit
Published on January 24, 2026
Former President Trump has filed a $5 billion lawsuit against JPMorgan Chase CEO Jamie Dimon, accusing the bank of political debanking. Trump alleges that the bank closed accounts of individuals and organizations affiliated with him, citing political reasons. The lawsuit highlights the growing tensions between big banks and political figures, raising questions about the role of financial institutions in politics. JPMorgan Chase has yet to respond to the allegations, leaving investors and the public waiting for further developments in this high-profile legal battle.
Investor opinions & comments
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RiskyRachel
January 27, 2026 at 05:13
I support Trump in taking action against any form of political discrimination, whether it's from a bank or any other institution
CashCathy
January 24, 2026 at 23:15
I'm not sure if this lawsuit will have any real impact or if it's just a publicity stunt. I'll wait to see more evidence before forming an opinion
OliverHayes
January 24, 2026 at 16:46
This lawsuit raises important questions about the power and influence of big banks in politics. I'm curious to see how this case unfolds