Trump targets JPMorgan with $5B debanking lawsuit
President Donald Trump sues JPMorgan Chase and CEO Jamie Dimon for $5 billion, alleging the bank’s decision to close his accounts after Jan. 6 was a politically motivated act of “debanking.” The article notes the bank gave 60 days’ notice, argues there’s no right to a bank of one’s choosing, and points out that Trump has filed similar banking-related suits (including against Capital One). It also highlights Trump’s private attorney Alejandro Brito, who leads other defamation and banking-related suits, framing these actions as pressure tactics against powerful institutions.