Trump Claims Major Banks Discriminate Against Him and Supporters

1 min read
Source: Bloomberg.com
Trump Claims Major Banks Discriminate Against Him and Supporters
Photo: Bloomberg.com
TL;DR Summary

President Trump accused JPMorgan Chase and Bank of America of refusing his business on ideological grounds, claiming they asked him to close longstanding accounts and declined large deposits. Both banks denied political motivations, emphasizing regulatory compliance. The controversy highlights ongoing debates over political bias and regulatory overreach in banking, with Trump calling for regulatory reforms.

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