The Message Behind Trump’s Lawsuit Against JPMorgan

Trump Sues JP Morgan For ‘Nice Bank You Got There, Be A Shame If Something Happened To It’

The president and his lawyers have emerged from under the bridge and announced the target of the next shakedown trollsuit.JAMIE DIMON, COME ON DOWN! Trump announced the litigation 10 days ago on Truth Social, insisting that he would never consider a loser like Dimon, the CEO of JP Morgan Chase, to lead the Fed or Treasury. And yesterday he actually filed the thing (h/t Reuters) in local court in Miami-Dade.It’s real, and it’s spectacularly bonke…

The Message Behind Trump’s Lawsuit Against JPMorgan

Andrew Ross Sorkin, NYT JPMorgan's response sought to walk a fine line. A spokeswoman for the bank said that it believed the lawsuit had no merit, but she added, "We respect the president's...

Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’

President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly closed his accounts for political reasons. ‘While we regret President Trump has sued us, we believe the suit has no merit,’ a JPMorgan Chase spokesperson said. ‘We respect the President’s right to sue us and our right to defend ourselves – that’s what courts are for.’ The suit accuses the bank of libel a…

J.P. Morgan lawsuit underscores Trump’s clash with big banks

Trump’s lawsuit against J.P. Morgan highlights rising political risk for Wall Street as banks face lawsuits, policy uncertainty, and shifting regulatory priorities.