Trump vs. JPMorgan: A Battle of Words and Money
Miami-Dade County, USASun Jan 25 2026
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Trump is suing JPMorgan for a huge amount of money. He says the bank closed his accounts because of politics. The bank says it's not true. Who's right?
Trump claims JPMorgan closed his accounts because of his political views. He says this is unfair and against the law. He also says the bank spread false information about him to other banks. This, he says, hurt his businesses.
But banks can close accounts for many reasons. They don't always have to explain why. Trump will need to prove that the bank acted unfairly because of his political beliefs. This won't be easy.
Trump also says JPMorgan created a blacklist. He claims this list is for people who did something wrong. But Trump says his accounts were in good standing. He says the bank wrongly added him to the list.
Legal experts say Trump's case is unusual. They say it's hard to prove that a bank acted unfairly just because of someone's political views. But Trump might argue that his views are mainstream. He got over 70 million votes in the last election.
The case is in a Florida court. JPMorgan might try to move it to a federal court. They could also try to get the case thrown out quickly. If they can't, they might try to settle.
Trump is asking for $5 billion. But the actual damages might be less. He says the account closures forced him to use smaller banks. This caused disruption to his businesses.
Trump has sued other media companies before. Some cases settled quickly. Others are still in court. It's unclear how this case will end.