Money

Trump sues JPMorgan for $5bn over account closure after Capitol riot

January 22, 2026

Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase, alleging that the bank closed his accounts for political reasons following the January 6, 2021 Capitol riot. The lawsuit claims that this decision caused significant financial and reputational harm to Trump and his businesses. JPMorgan has denied the allegations, stating that account closures are not politically motivated.

The CEO of JPMorgan Chase, Jamie Dimon, in a navy blue suit speaks in front of a blue World Enomic Forum (WEF) backdrop at the nference in Davos, Switzerland, January 21, 2026

Credit: Co

Key Highlights

Trump's lawsuit seeks $5 billion in damages.
The lawsuit names JPMorgan Chase CEO Jamie Dimon.
Trump claims the bank's actions were politically motivated after the Capitol riot.
JPMorgan denies the allegations and states it does not close accounts for political reasons.
The account closures occurred shortly after the January 6, 2021 insurrection.

World Trump, Donald J United States Politics and Government Business News Politics & Government Suits and Litigation (Civil)Banking and Financial Institutions JPMorgan Chase & Company Dimon, James

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Trump sues JPMorgan for $5bn over account closure after Capitol riot

Key Highlights

Sources

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