Trump sues JPMorgan for $5 billion, alleges the bank closed his accounts for political reasons
U.S. President Donald Trump. | Photo Credit: Reuters President Donald Trump sued banking giant JPMorgan Chase and its CEO Jamie Dimon for $5 billion on Thursday (January 22, 2026) over allegations that JPMorgan stopped providing banking services to him and his businesses for political reasons after he left office in January 2021. The lawsuit, filed…

