John Kennedy Clearly Annoyed as He Questions Witness About Agency’s Role in Debanking Conservatives
Sen. Kennedy Questions Federal Reserve on Conservative Bank Deposits At a recent hearing, Senator John Kennedy, a Republican from Louisiana, pressed Federal Reserve officials regarding the removal of bank accounts held by conservatives. His inquiry came after President Donald Trump criticized Bank of America CEO Brian Moynihan in January 2025 for supposedly “debanking” conservatives over […]
JPMorgan criticizes Trump for ‘fraudulent’ targeting of Jamie Dimon in a lawsuit about debanking
JPMorgan Challenges Trump’s $5 Billion Lawsuit On Thursday, JPMorgan criticized former President Donald Trump for what they deemed a “fraudulent” attempt to name CEO Jamie Dimon as a defendant in a $5 billion lawsuit concerning the closure of Trump’s bank accounts. The bank claims this move was intended to keep the case alive in Florida. […]
Trump files a $5 billion lawsuit against JPMorgan and CEO Jamie Dimon for supposed debanking.
Trump Sues JPMorgan Chase for $5 Billion U.S. President Donald Trump has initiated a $5 billion lawsuit against JPMorgan Chase & Co. The suit, lodged on January 22 in Florida’s Miami-Dade County, claims that the bank unjustly closed his accounts and those of his affiliated companies due to political motivations. In the lawsuit, Trump alleges […]
Trump Files $5 Billion Lawsuit Against JPMorgan Over Debanking Allegations
(Bloomberg) — Former President Donald Trump is taking legal action against JPMorgan Chase & Co. and its CEO, Jamie Dimon, seeking at least $5 billion. He claims the bank cut off its services to him and his businesses due to political motivations. The lawsuit, filed on Thursday, accuses the bank of defamation and breaching its […]
Trump Sues JPMorgan and CEO Jamie Dimon for $5 Billion Over Debanking Issues
Trump’s Lawyer Files $5 Billion Lawsuit Against JPMorgan Chase President Trump’s attorney has initiated a lawsuit seeking $5 billion from JPMorgan Chase and its CEO, Jamie Dimon. The claim alleges that in early 2021, the bank took steps to “debank” Trump. According to the complaint, on February 19, 2021, Trump was informed that several of […]
Trump files a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon over ‘debanking’
Trump Sues JPMorgan Chase for $5 Billion President Trump has acted on his threat to sue JPMorgan Chase and its CEO, Jamie Dimon, seeking $5 billion in damages. He claims the bank has engaged in what he describes as politically motivated “debanking” since the events of January 6th. The lawsuit, filed in a Florida court, […]
Trump files a lawsuit against Jamie Dimon and JPMorgan Chase regarding debanking
Trump Sues JPMorgan Chase Over Account Closures Former President Donald Trump has initiated a lawsuit against JPMorgan Chase, claiming that the bank, along with its CEO Jamie Dimon, terminated his accounts and those of his affiliates in early 2021 due to political motivations. This decision came soon after Trump left office, following the chaos at […]
Trump: ‘I Plan to Sue JPMorgan Chase’ Over Post-January 6 ‘Debanking’
Trump Plans Lawsuit Against JPMorgan Chase Former President Donald Trump has announced his intention to pursue legal action against JPMorgan Chase, blaming the bank for abruptly closing his account following the January 6, 2021, Capitol riot. In a post on his Truth Social platform, Trump called out the bank for “unjustly and inappropriately canceling its […]
Debanking Hit an All-Time High in 2025, According to a Report
The number of individuals facing bank account closures has surged dramatically, with anti-bank campaigner Nigel Farage describing the latest statistics as “horrifying.” By the period of 2024-2025, around 450,000 customers in the UK are predicted to be debanked. A report indicates this marks a significant jump from just 45,000 account closures in 2016-2017. Though there’s […]
Top US Banking Regulator Says Efforts to ‘Weaponize Finance’ and Crypto Debanking Must Stop
Simply put The OCC discovered that nine prominent national banks either limit or refuse services to legitimate businesses, including those in the crypto sector, focusing on the industry instead of actual financial risk. This has sparked renewed fears regarding “Operation Choke Point 2.0,” as critics assert that regulators have subtly obstructed banks from servicing digital […]