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Donald Trump files five billion dollar lawsuit against JPMorgan Chase and Jamie Dimon

President Donald Trump filed a lawsuit against JPMorgan Chase and Jamie Dimon. The five billion dollar suit alleges politically motivated account closures.

Insights:
President Donald Trump donald trumpfiled a $5 billion lawsuit against JPMorgan Chase & Co. and its CEO Jamie Dimon jamie dimonon January 22, 2026, in Miami-Dade County, Florida state court. The litigation alleges that the bank engaged in debanking by closing accounts belonging to Donald Trump, his hospitality companies, and members of his family, including Eric Trump. The lawsuit claims that these actions were politically motivated and violated the bank's own internal policies.
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. November 6, 2025. REUTERS/Marco Bello
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks during the America Business Forum at Kaseya Center in Miami, Florida, U.S. November 6, 2025. REUTERS/Marco Bello
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