Fact Check Team Exploring Trump's political debanking lawsuit against JPMorgan Chase скачать в хорошем качестве

Fact Check Team Exploring Trump's political debanking lawsuit against JPMorgan Chase

President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and its CEO, alleging the bank shut down his accounts for political reasons in the aftermath of the January 6 Capitol riot. At the center of the lawsuit is the claim of political debanking, the idea that Trump’s accounts were closed solely because of his political views. Trump’s legal filing argues that the account closures amount to political discrimination and an abuse of financial power. JPMorgan Chase denies these claims. In a public statement responding to the lawsuit, the bank said it does not close accounts for political or religious reasons, but instead when accounts pose legal or regulatory risks to the institution. “Our company does not close accounts for political or religious reasons. We do close accounts because they create legal or regulatory risk for the company,” JPMorgan said, adding that “rules and regulatory expectations often lead us to do so.” -JPMorgan Chase statement, January 2026 That response points to a larger issue underlying Trump’s lawsuit: what banks are actually required, and allowed, to do under federal law. _________________ Stay up to date by following our social media: WSBT 22 on Facebook:   / wsbtnews   WSBT 22 on X:   / wsbt   WSBT 22 on Instagram:   / wsbt   For more information, visit https://wsbt.com/ Have a news tip? Send it directly to our newsroom: wsbtnews@wsbt.com WSBT is an IN based station and a CBS Television affiliate owned and operated by Sinclair Broadcast Group. Sinclair, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 163 television stations in 77 markets, after pending transactions. Sinclair's television group reaches approximately 38.7% of US television households and includes FOX, ABC, MyTV, CW, CBS, NBC, Univision and Azteca affiliates.