JPMorgan Chase (JPM) Stock: Trump Files $5 Billion Debanking Lawsuit

TLDR Trump sued JPMorgan Chase and CEO Jamie Dimon for at least $5 billion over alleged politically motivated account closures in 2021. The bank closed Trump’s accounts seven weeks after the January 6, 2021 Capitol events while he was out of office. JPMorgan denies political motivation, citing legal and regulatory risk as reasons for closing [...]

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