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Originally published by Capital Businessbusiness
January 23, 2026
2d ago
Trump sues JPMorgan for $5bn over account closure after Capitol riot

The bank moved to close the accounts after the 6 January, 2021 riot when Trump supporters descended on the US Capitol to disrupt formal ratification of the election results. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase, alleging the bank illegally closed his accounts in 2021 for political reasons following the January 6, 2021 Capitol riot. The bank denies the claims, stating accounts are not closed for political reasons but due to legal or regulatory risk.
- The lawsuit was filed in Florida, which prohibits banks from discriminating based on political views.
- JPMorgan Chase CEO Jamie Dimon is also named in the lawsuit.
- Trump accuses JPMorgan of placing him and his businesses on a "blacklist" shared with other banks.
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