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 ...
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Chase is deep blue
Odd how they repeat their mantra “Capitol insurrection” when no one was charged with insurrection.
What were the reasons you closed the accounts you cowardly noodle or are we talking Traitor?
Big banks using their economic power in an unpresented manner to harass individuals, and the "progressives" love it.
DIY "social credit scores."
They debanked many folks as Biden requested.
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.
Id prefer he revoke the Patriot Act which made this possible
My question is why now?
“””My question is why now?”””
He’s been busy.
They keep using that word insurrection, that no one was charged with.
PDJT believes too strongly in the civilian justice system. He is a man of his generation.
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.
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.
“Best Trump doesn’t bail out JP Morgan on their Silver shorts...”
Socrates fails again. JPM is long silver.
I told you earlier.
I ask again. Are you buying silver now?
I see one of your Socrates promotions got zotted!
The policitically based debanking has gotten out of control.
I hope Trump is able to stick it up their Keister.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.