JPMorgan Chase just admitted what President Trump has been saying all along.
The nation’s largest bank confirmed Friday that it closed more than 50 of Trump’s personal and business bank accounts in February 2021 — just weeks after January 6th.
The admission came in response to the $5 billion lawsuit Trump filed against JPMorgan and CEO Jamie Dimon in January. For years, Dimon dismissed debanking concerns, even telling critics to “grow up.” Now the receipts are out.
From The New York Times:
The accounts included those for Trump hotels, housing developments and retail shops in Illinois, Florida and New York, as well as Mr. Trump’s personal private banking relationship that handled his inheritance from his father.
The bank’s excuse? In an unsigned note dated February 19, 2021, JPMorgan coldly told the sitting President of the United States to “find a more suitable institution with which to conduct business.”
No reason given. No explanation. Just a corporate hit job timed perfectly with the political witch hunt.
TRUMP SAYS HE WILL BE SUING JPMORGAN CHASE OVER THE NEXT TWO WEEKS OVER 'DEBANKING' HIM AFTER JAN 6 PROTEST
— *Walter Bloomberg (@DeItaone) January 17, 2026
From The Associated Press:
JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the Jan. 6, 2021 attacks on the U.S. Capitol.
Trump’s lawsuit pulls no punches. It claims JPMorgan “debanked plaintiff’s accounts because it believed that the political tide at the moment favored doing so.”
Translation: They thought Trump was finished. They bet wrong.
WATCH: President Donald Trump calls out JP Morgan Chase's Jamie Dimon for DEBANKING him.
— Steve Guest (@SteveGuest) August 5, 2025
“The banks discriminated against me very badly... they discriminate against many conservatives.” pic.twitter.com/2tHaT4csdd
The corporate debanking of conservatives has been one of the most insidious forms of political persecution in modern America. Banks, payment processors, and financial institutions have systematically cut off anyone deemed politically incorrect.
Trump wasn’t the only target. Countless conservatives, gun shops, and Christian organizations have faced the same treatment.
My hope for 2026? The Trump Administration moves swiftly and strongly to hold JPMorgan Chase and CEO Jamie Dimon accountable for their discriminatory debanking practices.
— Will Hild (@WillHild) December 30, 2025
Accountability is coming, Jamie.
Now JPMorgan wants the case moved to federal court in New York — likely hoping for a friendlier venue. Trump filed in Florida state court.
The $5 billion lawsuit is just the beginning. With JPMorgan now on record admitting they cut off the 45th President of the United States for political reasons, accountability is finally coming.
Jamie Dimon should be very nervous.
This is a Guest Post from our friends over at WLTReport. View the original article here.
