US EditionTrump's JPMorgan Lawsuit Underscores His Growing Clash with Wall Street
9 Articles
9 Articles
The attack on the Capitol by Donald Trump supporters after the failed presidential election in January 2021 has another consequence. The current US president is suing the well-known American bank JPMorgan Chase (JPMC) for allegedly ceasing to provide him with financial services for political reasons. He is demanding five billion dollars, or about 103 billion crowns, for this.
Trump’s Lawsuit Exposes Wall Street Policy Conflicts
Donald Trump’s lawsuit against JPMorgan Chase and its CEO, Jamie Dimon, highlights the growing conflict in the administration’s policy agenda for Wall Street. The lawsuit accuses JPMorgan and Dimon of closing Trump’s accounts on political grounds, a claim JPMorgan denies. This action underscores the unpredictable environment large financial institutions navigate, even as they were expected to benefit from Trump’s deregulation policies. JPMorgan …
Trump’s debanking lawsuit against Jamie JPMorgan escalate tensions with Wall Street leaders
Trump has sued JPMorgan Chase and its CEO Jamie Dimon for $5 billion, accusing them of shutting down his personal and business accounts because of his political views. The lawsuit, filed on Thursday, claims the bank targeted him and his companies intentionally. This legal attack comes straight from the top. Trump, who returned to the White House in 2025, is now going directly after the same financial giants that were once seen as winners under h…
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