JPMorgan Makes Humiliating Admission in Trump’s $5 Billion Debanking Lawsuit

JPMorgan Chase has admitted that it closed President Donald Trump’s bank accounts after the Jan. 6, 2021, incursion at the U.S. Capitol.

Trump has sued the bank and its CEO, Jamie Dimon, for $5 billion, according to CNBC.

Trump’s lawsuit alleged that his accounts were closed due to political reasons, which impacted his businesses.

“In a devastating concession that proves President Trump’s entire claim, JPMorgan Chase admitted to unlawfully and intentionally de-banking President Trump...