JPMorgan Chase the lawsuit has "no merit" and the bank "does not close accounts for political or religious reasons".

JPMorgan Chase the lawsuit has "no merit" and the bank "does not close accounts for political or religious reasons".

JPMorgan Chase the lawsuit has "no merit" and the bank "does not close accounts for political or religious reasons".

JPMorgan Chase the lawsuit has "no merit" and the bank "does not close accounts for political or religious reasons".

In response to what he sees as banks refusing to provide financial services to customers for ideological reasons.

Trump sues JPMorgan for $5 billion, claiming account closures were politically motivated after his presidency.

President Donald Trump sued banking giant JPMorgan Chase and its CEO Jamie Dimon for $5 billion on Thursday over allegations that it JPMorgan debanked him in 2021.

Since Trump came back into office, the president's banking regulators have moved to stop any banks from using “reputational risk” as a reason for denying service to customers.

“JPMC does not close accounts for political or religious reasons,” a bank spokesperson said. “We do close accounts because they create legal or regulatory risk for the company....

A PAC donation on one side, a multibillion-dollar lawsuit on the other. In modern politics, financial support doesn’t guarantee friendly terms — especially when the donor is Dimon and the recipient is Trump.

President Trump’s attorneys filed a $5 billion — with a “B” — lawsuit against JPMorgan Chase and its CEO Jamie Dimon for “debanking” Trump in early 2021.