Trump sues JPMorgan and CEO Jamie Dimon for $5 billion over alleged debanking
Trump sued JPMorgan and Dimon. Denis Balibouse/Reuters Trump sued JPMorgan and Jamie Dimon for at least $5 billion. The president alleges that JPMorgan debanked him after the January 6 protests for political reasons. The bank has previously said it doesn't close accounts for political reasons. President Donald Trump is taking America's biggest bank and its CEO to court. Trump is suing JPMorgan Chase and its CEO, Jamie Dimon , for at least $5 billion over claims of politically motivated debanking on Thursday, making good on his threats from a Truth Social post over the weekend. In a complaint filed in Miami-Dade County state court, Trump accused JPMorgan of trade libel and violating Florida's Unfair and Deceptive Trade Practices Act. In his weekend Truth Social post, Trump said that he planned to sue JPMorgan for "incorrectly and inappropriately DEBANKING me after the January 6th Protest." Representatives for JPMorgan did not immediately respond to a r...