Trump Sues JPMorgan Chase, CEO Dimon Over Alleged 'Political' Debanking, Fox Business Reports
President Donald Trump looks on as he signs executive orders and proclamations in the Oval Office at the White House, in Washington, D.C., U.S., May 5, 2025. (Reuters File)
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President Donald Trump is suing JPMorgan Chase and its CEO, Jamie Dimon, in a $5 billion lawsuit, Fox Business reported on Thursday.
The president’s attorney, Alejandro Brito, filed the lawsuit Thursday morning in Florida state court in Miami, the report said, alleging the bank of debanking him for political reasons.
Trump said over the weekend he plans to sue JPMorgan sometime in the next two weeks for allegedly “debanking” him following the January 6, 2021, attack on the U.S. Capitol by his supporters.
JPMorgan did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.
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(Reporting by Manya Saini in Bengaluru; Editing by Anil D’Silva and Krishna Chandra Eluri)
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