00:00President Trump has filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon,
00:04accusing the bank of politically motivated account closures following the January 6, 2021 Capitol Riot.
00:11The suit claims Trump and his business entities were unfairly debanked after decades as customers,
00:17alleging discrimination tied to his conservative views.
00:20JPMorgan denies the claims, saying the closures were driven by federal banking rules, not politics,
00:26and disputes allegations of a secret blacklist.
00:30The president and related entities are seeking at least $5 billion in damages,
00:35calling the move part of a dangerous trend of financial institutions punishing customers over political beliefs.
Comments