JPMorgan

Trump Files Lawsuit Against Jamie Dimon and JPMorgan Over ‘Debanking’ Allegations

President Donald Trump has filed a sweeping new lawsuit against JPMorgan Chase & Co. and its long-time CEO Jamie Dimon, seeking $5 billion in damages over claims that the bank unlawfully cut him and his affiliated businesses off from financial services for political reasons. The legal action, lodged in Miami-Dade County, Florida, marks a dramatic escalation in Trump’s broader campaign against what he terms politically motivated “debanking” by major financial institutions.

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