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Trump announces he will sue JPMorgan ‘over the next two weeks’ for allegedly ‘DEBANKING’ him
Politico.com ^ | 01/17/2026 12:47 PM EST | Ben Johansen

Posted on 01/17/2026 4:24:58 PM PST by E. Pluribus Unum

The president also ruled out the bank’s CEO, Jamie Dimon, as a possible pick for Fed chair.

President Donald Trump announced Saturday that he will be suing the investment banking company JPMorgan Chase within “the next two weeks” for allegedly “DEBANKING” him after the Jan. 6, 2021, Capitol insurrection.

Trump has claimed that the investment bank closed or restricted his accounts following the riot, effectively cutting him off from longstanding banking relationships. He has framed the action as politically motivated retaliation, arguing banks acted under pressure from the Biden administration. Trump has increasingly folded this into a broader narrative of “debanking” conservatives.

JPMorgan has denied closing accounts for political reasons.

During the 2024 campaign, JPMorgan CEO Jamie Dimon had been floated for Treasury secretary by the president, but their relationship has since soured. Trump in August went after Dimon’s bank, as well as Bank of America, accusing them of discriminating against him in recent years.

Earlier in 2025, the Trump Organization sued Capital One, accusing the bank of improperly cutting off access to the business, which was founded by the president’s late father and was helmed by Trump himself before he entered politics, following the Capitol attack.

The president also took issue with a Wall Street Journal story, which reported that he offered the Federal Reserve chair position to Dimon. “A front page Article in The Fake News Wall Street Journal states, without any verification, that I offered Jamie Dimon, of JPMorgan Chase, the job of Fed Chairman. This statement is totally untrue, there was never such an offer,” Trump wrote in his Truth Social post.

“Why wouldn’t The Wall Street Journal call me to ask whether or not such an offer was made? I would have very quickly told them, ‘NO,’ and that would have been the end of...”

(Excerpt) Read more at politico.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: 5thcolumnonfr; bizarrepriorities; bizarretdstroll; concerntrolling; debanking; dukeywordtroll; nevertrumpkywrdtroll; persecution; tds; tdskeywordtroll; trump

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1 posted on 01/17/2026 4:24:58 PM PST by E. Pluribus Unum
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To: E. Pluribus Unum

Chase is deep blue


2 posted on 01/17/2026 4:26:49 PM PST by combat_boots
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To: E. Pluribus Unum

Odd how they repeat their mantra “Capitol insurrection” when no one was charged with insurrection.


3 posted on 01/17/2026 4:26:50 PM PST by Dalberg-Acton
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To: E. Pluribus Unum
Dear Jamie,

What were the reasons you closed the accounts you cowardly noodle or are we talking Traitor?

4 posted on 01/17/2026 4:28:07 PM PST by Chgogal (The NYT is the mouthpiece of the violent left-wing Democrat Party)
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To: E. Pluribus Unum
Think about this issue a little more. Not just the specific case, the whole question of "debanking".

Big banks using their economic power in an unpresented manner to harass individuals, and the "progressives" love it.

5 posted on 01/17/2026 4:31:33 PM PST by Salman (Trump is good, but we need Pinochet. )
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To: E. Pluribus Unum
Mark Zuckerberg says Biden officials would 'scream' and 'curse' when seeking removal of Facebook content

At least Zuck confessed. It would be a good idea for Jamie Dimon to do the same.

6 posted on 01/17/2026 4:34:27 PM PST by MinorityRepublican
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To: Salman
Big banks using their economic power in an unpresented manner to harass individuals, and the "progressives" love it.

DIY "social credit scores."

7 posted on 01/17/2026 4:35:57 PM PST by E. Pluribus Unum ( )
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To: E. Pluribus Unum

They debanked many folks as Biden requested.


8 posted on 01/17/2026 4:41:37 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: MinorityRepublican
Mark Zuckerberg says Biden officials would 'scream' and 'curse' when seeking removal of Facebook content

It would have been nice if he had recorded them (as just about all interactions with corporations announce that they will) and posted them. Cockroaches act at night so the best thing to get them scurrying for cover is a very bright light.

9 posted on 01/17/2026 4:43:32 PM PST by KarlInOhio (I pray that the sleeping giant has finally awakened and been filled with a terrible resolve.)
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To: E. Pluribus Unum

Id prefer he revoke the Patriot Act which made this possible


10 posted on 01/17/2026 4:59:20 PM PST by Skywise
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To: E. Pluribus Unum

My question is why now?


11 posted on 01/17/2026 5:22:03 PM PST by SPDSHDW (A sinner saved by Jesus)
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To: SPDSHDW

“””My question is why now?”””

He’s been busy.


12 posted on 01/17/2026 5:26:26 PM PST by shelterguy
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To: E. Pluribus Unum

They keep using that word insurrection, that no one was charged with.


13 posted on 01/17/2026 5:58:37 PM PST by roving
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To: E. Pluribus Unum

PDJT believes too strongly in the civilian justice system. He is a man of his generation.


14 posted on 01/17/2026 6:43:08 PM PST by ClarityGuy
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To: E. Pluribus Unum

Best Trump doesn’t bail out JP Morgan on their Silver shorts...already in billions in losses. Add to it B of A, Wells Fargo, and the two others.

We have another Bear Stearns, Silver shorts sparked off the crash of 08. Rumor has it President Trump told the bankers to cease and desist on their massive paper shorts, let the market decide price.

Looks that way, when Silver broke $50 in October, there was no stopping it, $100, $120, 140, then $300 ....honest money is in the works.


15 posted on 01/17/2026 6:58:56 PM PST by delta7
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To: delta7

https://www.reuters.com/world/asia-pacific/jpmorgan-pay-920-mln-manipulating-precious-metals-treasury-market-2020-09-30/

JPMorgan to pay $920 mln for manipulating precious metals, treasury market...

They are corrupted, and have been found guilty many times, their day is over due.


16 posted on 01/17/2026 7:01:44 PM PST by delta7
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To: delta7

“Best Trump doesn’t bail out JP Morgan on their Silver shorts...”

Socrates fails again. JPM is long silver.

I told you earlier.


17 posted on 01/17/2026 7:54:09 PM PST by TexasGator (I./1)
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To: delta7

I ask again. Are you buying silver now?


18 posted on 01/17/2026 7:56:38 PM PST by TexasGator (I./1)
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To: delta7

I see one of your Socrates promotions got zotted!


19 posted on 01/17/2026 7:57:40 PM PST by TexasGator (I./1)
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To: E. Pluribus Unum

The policitically based debanking has gotten out of control.
I hope Trump is able to stick it up their Keister.


20 posted on 01/17/2026 7:58:44 PM PST by DesertRhino (When men on the chessboard, get up and tell you where to go…)
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