JPMorgan Admits to Debanking Trump After Jan. 6 Capitol Attacks

JPMorgan Admits to Debanking Trump After Jan. 6 Capitol Attacks — NYT > Business
Source: NYT > Business

JPMorgan Chase said in a court response that it cut off more than 50 accounts tied to Donald J. Trump in February 2021, shortly after his first term ended. The accounts included those for Trump hotels, housing developments and retail shops in Illinois, Florida and New York, as well as Mr.

Trump’s personal private banking relationship that handled his inheritance from his father. In one unsigned note dated Feb. 19, 2021, the bank wrote that he would need to "find a more suitable institution with which to conduct business." The letter closed with, "Thank you for your prompt attention to this matter." Mr.

Trump’s lawsuit, which named Jamie Dimon as a defendant, contends the bank put him on a blacklist because it "needed to distance itself from President Trump and his conservative political views." He has also said Capital One closed his accounts and that Bank of America refused to accept billions of dollars in deposits after the Jan.

United States, Illinois, Florida, New York

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