U.S. President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, accusing them of debanking him by closing several of his accounts to further a political agenda. https://www.japantimes.co.jp/business/2026/01/23/companies/trump-sue-jpmorgan/?utm_medium=Social&utm_source=mastodon #business #companies #banks #jpmorgan #jamiedimon #donaldtrump
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Which was fairly stupid, because their defense will say he violated *official bank policies* that *everyone* has to agree to - policies against criminal activity and/or money laundering, which opens the door for them releasing records to prove their case. Not exactly a smart move on cheeto's part.