JPMorgan concedes it closed Trump's accounts after Jan. 6 attack
NBC News • • business
Key Points:
- JPMorgan Chase has, for the first time, acknowledged in a court filing that it closed the bank accounts of former President Donald Trump and several of his businesses in February 2021, following the January 6 Capitol attack.
- Trump filed a $5 billion lawsuit against JPMorgan, alleging the closures were politically motivated and disrupted his business operations, accusing the bank and CEO Jamie Dimon of failing to address the issue after assurances.
- The lawsuit also claims JPMorgan placed Trump and his companies on a reputational "blacklist," preventing them from opening accounts at other banks, though the specifics of this blacklist remain undefined.
- JPMorgan seeks to move the case from Florida state court to federal court in New York, where the accounts were held and
