JPMorgan Admits Closing Trump's Accounts in $5B Lawsuit

JPMorgan Chase acknowledged closing the bank accounts of Donald Trump and his businesses in February 2021 following the January 6 attacks on the US Capitol.The admission appeared in a $5B lawsuit where Donald Trump accuses the bank and Jamie Dimon of trade libel and maintaining a reputational blacklist.While JPMorgan Chase attempts to move the case from Florida to New York, the litigation follows a separate 2025 debanking lawsuit against Capital One.