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JPMorgan Chase concedes it closed Trump's accounts after Jan. 6 attack
JPMorgan Chase has acknowledged for the first time that it closed the bank accounts of former President Donald Trump and several of his businesses following the Jan. 6, 2021 Capitol attack. This admission came in a court filing related to Trump’s $5 billion lawsuit against the bank and its CEO, Jamie Dimon, where he alleges political motivation behind the account closures. The lawsuit is part of a broader “debanking” legal battle, with Trump claiming the bank placed him on a reputational “blacklist.”