Trump says he’ll sue JPMorgan over ‘debanking’
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While you were busy using the long weekend to sleep in make good on that New Year’s resolution to exercise more, you might have missed that President Trump spent the weekend exercising his typing fingers on Truth Social. The president’s post detailing plans to impose tariffs on European countries over their opposition to his desire to control Greenland got the most attention…but Trump also threatened to sue the US’s largest bank within a fortnight. Rebutting a Wall Street Journal article that said Trump had offered JPMorgan CEO Jamie Dimon the role of Fed chair (a proposition Dimon took as a joke, according to the newspaper), Trump posted on Saturday: “[T]here was never such an offer and, in fact, I’ll be suing JPMorgan Chase over the next two weeks for incorrectly and inappropriately DEBANKING me after the January 6th Protest.”
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Key Entities
- • President Donald Trump - U.S. president threatening legal action.
- • JPMorgan Chase - Largest U.S. bank named in the threat.
- • Jamie Dimon - JPMorgan CEO referenced in reporting.
- • Truth Social - Platform where the threat was posted.
- • Wall Street Journal - Outlet referenced in the dispute.
- • January 6th Protest - Event referenced in the bank access claim.
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