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Reuters

Trump sues JPMorgan, Jamie Dimon for $5 bln over alleged debanking

Reuters · 2 months ago
Reuters
Reuters
2 months ago

U.S. President Donald Trump filed a $5 billion lawsuit against JPMorgan Chase JPM.N and its CEO Jamie Dimon, accusing them of debanking him by closing several of his accounts to further a political agenda.

Breakdown
  • Trump sues JPMorgan and CEO Jamie Dimon for $5 billion
  • Trump alleges creation of a blacklist to warn other banks 15s
  • JPMorgan denies closing accounts for political reasons 59s
  • JPMorgan says the lawsuit has no merit 1m 8s
  • Dimon criticizes Trump's proposed 10% cap on credit card rates 1m 32s
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