Trump Sues JPMorgan Chase Over Alleged Debanking (Connecting the Dots: Jamie Dimon, JPMorgan Chase, The Alfalfa Club, The United Negro College Fund, The Chicago Council on Global Affairs & Soros Funding, All Networking)
JPMorgan Chase told The Epoch Times that the lawsuit ‘has no merit.’
The
Epoch Times
Andrew
Moran
1/22/2026|Updated:
1/22/2026
President
Donald Trump has filed a lawsuit against JPMorgan Chase over alleged debanking, the bank confirmed to
The Epoch Times.
Alejandro
Brito, the president’s personal attorney, filed a $5 billion lawsuit on Jan.
22 in Miami’s Florida state court on behalf of the president and his
hospitality companies.
Following
the January 2021 breach of the U.S. Capitol, the largest bank in the United
States shuttered the accounts of Trump and his related entities.
The lawsuit states that the
financial institution’s “unilateral decision” resulted from “political and
social motivations” and its “‘woke’ beliefs that it needed to distance itself
from President Trump and his conservative political views.”
“In
essence, [JPMorgan Chase] debanked Plaintiffs’ Accounts because it believed
that the political tide at the moment favored doing so,” the suit states.
Trump’s
attorney also cited the company’s code of conduct that states that the bank
maintains high expectations and holds itself accountable.
The
bank’s website reads: “We do the right thing—not necessarily the easy or
expedient thing. We abide by the letter and spirit of the laws and regulations
everywhere we do business and have zero tolerance for unethical behavior.”
According
to the court documents, “Despite claiming to hold these principles dear,
[JPMorgan Chase] violated them by unilaterally—and without warning or
remedy—terminating several of Plaintiff’s bank accounts.”
JPMorgan
Chase told The Epoch Times that the case “has no merit.”
“[JPMorgan
Chase] does not close accounts for political or religious reasons,” it stated.
“We do close accounts because they create legal or regulatory risk for the
company.
“We
regret having to do so, but often rules and regulatory expectations lead us to
do so.”
The
bank stated that it has repeatedly urged the current and previous
administrations to reform the rules and regulations that led to these
circumstances.
“We
support the administration’s efforts to prevent the weaponization of the
banking sector,” it stated.
This
comes days after the president threatened on social media to sue JPMorgan
Chase.
“I’ll
be suing JPMorgan Chase over the next two weeks for incorrectly and
inappropriately DEBANKING me after the Jan. 6 Protest, a protest that turned
out to be correct for those doing the protesting,” Trump said in a Jan. 17
Truth Social post.
“The
Election was RIGGED!”
This
past summer, the president issued an executive order
directing banks to ensure that they are not withholding financial services from
clients because of their political or religious beliefs.
At
last year’s World Economic Forum, Trump urged bank executives to “start opening
[their banks] to conservatives.”
In recent
years, some conservative and Christian organizations have claimed that they
have been victims of debanking.
“Everyone
needs access to basic financial services,” Brian Knight, senior counsel at the
Alliance Defending Freedom, a leading advocate against ideological debanking, told The
Epoch Times in August 2025. “No American should have to worry that they could
lose their bank account or have a payment declined because of their religious
or political beliefs.”
In a
joint statement in the same month, the
Bank Policy Institute, American Bankers Association, Consumer Bankers
Association, and Financial Services Forum said it is in the financial
institutions’ best interests to accept deposits, lend to clients, and support
their customers.
“Unfortunately,
regulatory overreach, supervisory discretion, and a maze of obscure rules have
stood in the way,” the group said.
JPMorgan
Chase (JPM) share prices were little changed following the news, rising by
about 1 percent during the Jan. 22 trading session.
The
stock has declined by 6 percent so far this year.
Kevin
Stocklin contributed to this report.
Connecting the Dots:
Alfalfa Club
James Dimon is a member of
the Alfalfa Club and the chairman & CEO for JPMorgan
Chase & Co.
Dianne Feinstein was
a member of the Alfalfa Club, a U.S. Senate senator
and married to Richard C. Blum.
Jeb Bush is a member of
the Alfalfa Club and the chairman emeritus for the National
Constitution Center.
Sandra Day O'Connor was the president of the Alfalfa Club, a trustee at the National Constitution Center and an associate justice for the U.S. Supreme Court.
George H.W. Bush was a member of the Alfalfa Club, the chairman emeritus for the National Constitution Center and a member of the Phi Beta Kappa Society.
Samuel Anthony Alito Jr. is a member of the Phi Beta Kappa
Society and a justice for the U.S. Supreme Court.
Stephen G. Breyer is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Ruth Bader Ginsburg is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Elena Kagan is a member of
the Phi Beta Kappa Society and a justice for the U.S.
Supreme Court.
Anthony M. Kennedy is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
David Hackett Souter is
a member of the Phi Beta Kappa Society and was a justice for
the U.S. Supreme Court.
Harry A. Blackmun was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Lewis F. Powell Jr. was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
John Paul Stevens was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
William Howard Taft was
a member of the Phi Beta Kappa Society and the chief justice
for the U.S. Supreme Court.
Byron R. White was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Potter Stewart was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Sonia Sotomayor is
a member of the Phi Beta Kappa Society, a justice for the U.S.
Supreme Court and a member of the Belizean
Grove.
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
George H.W. Bush was
a member of the Bohemian Club, a member of the Alfalfa Club and
a member of the Phi Beta Kappa Society.
Henry A. Kissinger is
a member of the Bohemian Club and
was a lifetime trustee at the Aspen Institute (think tank).
Foundation to Promote
Open Society was a funder for Aspen Institute
(think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Bloomberg Family Foundation was
a funder for the Aspen Institute (think tank).
Michael R. Bloomberg is
the founder of the Bloomberg Family Foundation and a member of
the Alfalfa Club.
Jeb Bush is a member of
the Alfalfa Club and the chairman emeritus for the National
Constitution Center.
Sandra Day O'Connor was
the president of the Alfalfa Club, a trustee at the National
Constitution Center and was an associate justice for the U.S.
Supreme Court.
James Dimon is a member of
the Alfalfa Club and the chairman & CEO for JPMorgan
Chase & Co.
Richard C. Blum was
married to Senator Dianne Feinstein and an honorary trustee at
the Brookings Institution (think tank).
Foundation to Promote
Open Society was a
funder for the Brookings Institution (think tank)
George Soros is the chairman for the Foundation to Promote Open Society.
Ellen V. Futter is a trustee at the Brookings
Institution (think tank) and a director at JPMorgan Chase
& Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a director
at JPMorgan Chase & Co.
Geoffrey T. Boisi is
an honorary trustee at the Brookings Institution (think tank) and
was the vice chairman for JPMorgan Chase & Co.
James Dimon is
the chairman & CEO for JPMorgan Chase & Co., a member of
the Alfalfa Club and a director at the United Negro College
Fund.
United Negro College Fund
James Dimon is a
director at the United Negro College Fund and the chairman &
CEO for JPMorgan Chase & Co.
Colin L. Powell was
a director at the United Negro College Fund and an overseer at
the International Rescue Committee.
Foundation to Promote Open Society was a funder for the International
Rescue Committee and the Sundance Institute.
George Soros is the chairman for the Foundation to
Promote Open Society.
Mellody L. Hobson is
a trustee at the Sundance Institute and a member of the Commercial
Club of Chicago.
Linda Johnson
Rice is a member of the Commercial Club of Chicago and a
director at the United Negro College Fund.
Barbara A.
McKinzie was a director at the United Negro College Fund
and the president of the Alpha Kappa Alpha.
Sheila
Jackson-Lee was a member of the Alpha Kappa Alpha and a
member of the U.S. House of Representatives.
Carolyn Stewart is
the president of the Alpha Kappa Alpha and a director at the United
Negro College Fund.
James Dimon is a
director at the United Negro College Fund, a member of the Alfalfa
Club, the chairman & CEO for JPMorgan Chase & Co. and was
a director at the Chicago Council on Global Affairs.
Chicago
Council on Global Affairs
James Dimon was
a director at the Chicago Council on Global Affairs, is a director
at the United Negro College Fund, a member of the Alfalfa
Club and the chairman & CEO for JPMorgan Chase & Co.
David D. Hiller
is a member of the Chicago Council on Global Affairs, a member of
the Commercial Club of Chicago and was a partner at Sidley
Austin LLP.
Imad I. Qasim is
a director at the Chicago Council on Global Affairs and a partner
at Sidley Austin LLP.
Michelle Obama is
a director at the Chicago Council on Global Affairs and was a
lawyer at Sidley Austin LLP.
Barack Obama was
an intern at Sidley Austin LLP.
Josephine
Baskin Minow is an honorary life director at the Chicago
Council on Global Affairs and married to Newton N. Minow.
Thomas A. Cole was
a director at the Chicago Council on Global Affairs and is a
partner at Sidley Austin LLP.
R. Eden Martin is
the president of the Commercial Club of Chicago and counsel
at Sidley Austin LLP.
Newton N. Minow is
a member of the Commercial Club of Chicago, married to Josephine
Baskin Minow and a senior counsel at Sidley Austin LLP.
Cameron F. Kerry is
a senior counsel at Sidley Austin LLP, John F. Kerry’s brother
and a fellow at the Brookings Institution (think tank).
Chicago
Council on Global Affairs
https://en.wikipedia.org/wiki/Chicago_Council_on_Global_Affairs#Research
Research
In February 2015, the Council partnered with
the Brookings Institution and
the Atlantic Council to
produce "Preserving Ukraine's Independence, Resisting Russian Aggression:
What the United States and NATO Must Do"[38] a report urging the United States and NATO to
provide lethal defensive assistance to preserve Ukraine's independence.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank)
George Soros is the chairman for the Foundation to
Promote Open Society and is the founder & chairman for the Open
Society Foundations.
Open Society Foundations was a funder for the Atlantic Council of the United States (think tank).
Ellen V. Futter is a trustee at the Brookings Institution
(think tank) and a director at JPMorgan Chase & Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a director
at JPMorgan Chase & Co.
Geoffrey T. Boisi
is an honorary trustee at the Brookings Institution (think tank)
and was the vice chairman for JPMorgan Chase & Co.
James Dimon is
the chairman & CEO for JPMorgan Chase & Co., a member of
the Alfalfa Club, a director at the United Negro College
Fund and was a director at the Chicago Council on Global Affairs.
Chicago Council on Global Affairs
partnered with the Brookings
Institution and the Atlantic Council of the United States.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank) and the Aspen Institute (think tank).
George Soros is the chairman for the Foundation to
Promote Open Society and is the founder & chairman for the Open
Society Foundations.
Open Society Foundations was a funder for the Atlantic
Council of the United States (think tank).
Lester Crown was
a lifetime trustee at the Aspen Institute (think tank) and is a
member of the Commercial Club of Chicago.
James S. Crown is
a trustee at the Aspen Institute (think tank), a member of
the Commercial Club of Chicago and a director at JPMorgan
Chase & Co.
William M. Daley is
a member of the Commercial Club of Chicago, Richard M. Daley’s
brother, was the chief of staff for the Barack Obama administration,
a partner at Mayer Brown and the chairman for the Midwest region
of JPMorgan Chase & Co.
Mayer Brown was
the lobby firm for JPMorgan Chase & Co.
Richard M. Daley
is a member of the Commercial Club of Chicago, William M.
Daley’s brother and a senior adviser for JPMorgan Chase &
Co.
James A. Bell is
a member of the Commercial Club of Chicago and a director at JPMorgan
Chase & Co.
Glenn F. Tilton is
a member of the Commercial Club of Chicago and the chairman Midwest
region for JPMorgan Chase & Co.
Mayer Brown was
the lobby firm for JPMorgan Chase & Co.
Robert A. Helman is
a partner at Mayer Brown, a member of the Commercial Club
of Chicago and was an honorary trustee at the Brookings Institution
(think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros is the chairman for the Foundation to
Promote Open Society
Cyrus F. Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank) and a member of the Commercial Club of Chicago.
Ellen V. Futter is a trustee at the Brookings Institution
(think tank) and a director at JPMorgan Chase & Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a director
at JPMorgan Chase & Co.
Geoffrey T. Boisi
is an honorary trustee at the Brookings Institution (think tank)
and was the vice chairman for JPMorgan Chase & Co.
James Dimon is
the chairman & CEO for JPMorgan Chase & Co., a member of
the Alfalfa Club, a director at the United Negro College
Fund and was a director at the Chicago Council on Global Affairs.
Chicago Council on Global Affairs
partnered with the Brookings
Institution and the Atlantic Council of the United States.
Richard C. Blum was
an honorary trustee at the Brookings Institution (think tank) and married
to Senator Dianne Feinstein.
Dianne Feinstein was
married to Richard C. Blum, a U.S. Senate senator
and a member of the Alfalfa Club.
James Dimon is a
member of the Alfalfa Club, a director at the United
Negro College Fund, the chairman & CEO for JPMorgan Chase &
Co. and was a director at the Chicago Council on Global Affairs.
Jeb Bush is a
member of the Alfalfa Club and the chairman emeritus for
the National Constitution Center.
Sandra Day O'Connor was the president of the Alfalfa Club, a trustee at the National Constitution Center and an associate justice for the U.S. Supreme Court.
George H.W. Bush was a member of the Alfalfa Club, the chairman emeritus for the National Constitution Center and a member of the Phi Beta Kappa Society.
Samuel Anthony Alito Jr. is a member of the Phi Beta Kappa
Society and a justice for the U.S. Supreme Court.
Stephen G. Breyer is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Ruth Bader
Ginsburg is a member of the Phi Beta Kappa Society and
a justice for the U.S. Supreme Court.
Elena Kagan is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Anthony M. Kennedy is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
David Hackett
Souter is a member of the Phi Beta Kappa Society and
was a justice for the U.S. Supreme Court.
Harry A. Blackmun was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Lewis F. Powell
Jr. was a member of the Phi Beta Kappa Society and a
justice for the U.S. Supreme Court.
John Paul Stevens was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
William Howard
Taft was a member of the Phi Beta Kappa Society and
the chief justice for the U.S. Supreme Court.
Byron R. White was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Potter Stewart was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Sonia Sotomayor is
a member of the Phi Beta Kappa Society, a justice for the U.S.
Supreme Court and a member of the Belizean Grove.
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
George H.W. Bush was
a member of the Bohemian Club, a member of the Alfalfa Club and
a member of the Phi Beta Kappa Society.
Henry
A. Kissinger is a member of the Bohemian Club and
was a lifetime trustee at the Aspen Institute (think tank).
Foundation to Promote Open Society was a funder for Aspen
Institute (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Bloomberg
Family Foundation was a funder for the Aspen Institute (think
tank).
Michael R.
Bloomberg is the founder of the Bloomberg Family Foundation and
a member of the Alfalfa Club.
Dianne Feinstein was
a member of the Alfalfa Club, a U.S. Senate senator
and married to Richard C. Blum.
James Dimon is a
member of the Alfalfa Club, a director at the United
Negro College Fund, the chairman & CEO for JPMorgan Chase &
Co. and was a director at the Chicago Council on Global Affairs.
Richard C. Blum was
married to Senator Dianne Feinstein and an honorary trustee at
the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank)
George Soros is the chairman for the Foundation to Promote Open Society.
Ellen V. Futter is a trustee at the Brookings Institution
(think tank) and a director at JPMorgan Chase & Co.
Crandall C. Bowles is
a trustee at the Brookings Institution (think tank) and a director
at JPMorgan Chase & Co.
Geoffrey T. Boisi
is an honorary trustee at the Brookings Institution (think tank)
and was the vice chairman for JPMorgan Chase & Co.
James Dimon is
the chairman & CEO for JPMorgan Chase & Co., a member of
the Alfalfa Club, a director at the United Negro College
Fund and was a director at the Chicago Council on Global Affairs.
Chicago Council on Global Affairs
partnered with the Brookings
Institution and the Atlantic Council of the United States.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros is the chairman for the Foundation to
Promote Open Society and is the founder & chairman for the Open
Society Foundations.
Open Society Foundations was a funder for the Atlantic
Council of the United States (think tank).
Resources: Past Research
Trump: Jamie Dimon Won't Be Invited to Join Admin (Connecting the Dots:
JPMorgan Chase, Jamie Dimon, The Alfalfa Club & Soros Funding, All
Networking) (Past Research on JPMorgan Chase, Jamie Dimon &
The Alfalfa Club)
Thursday,
November 14, 2024
https://thesteadydrip.blogspot.com/2024/11/trump-jamie-dimon-wont-be-invited-to.html
Justice Roberts: O'Connor Blazed Historic Trail (Connecting the Dots:
John Roberts, Sandra Day O'Connor, U.S. Supreme Court, Phi Beta Kappa Society,
The Alfalfa Club, The Belizean Grove, The Bohemian Club, The Smithsonian
Institution & Soros Funding, All Networking) (Past
Research on The Alfalfa Club)
Saturday,
December 2, 2023
https://thesteadydrip.blogspot.com/2023/12/justice-roberts-oconnor-blazed-historic.html
9,000 jobs to go at Lloyds: Taxpayer-backed bank slashes a TENTH of its
workforce and shuts 200 branches (Past Research on
JPMorgan Chase & the Bretton Woods Committee)
Tuesday,
October 28, 2014
https://thesteadydrip.blogspot.com/2014/10/9000-jobs-to-go-at-lloyds-taxpayer.html
JPMorgan Chase Hack Could Fuel Years of Fraud, Cybercrime Researchers
Warn (Past Research on Jamie Dimon, JPMorgan Chase
& the
Commercial Club of Chicago)
Sunday,
October 5, 2014
https://thesteadydrip.blogspot.com/2014/10/jpmorgan-chase-hack-could-fuel-years-of.html
Dimon Defends Fed Chair Powell Amid WH Attacks (Connecting the Dots:
Jamie Dimon, Jerome Powell, Scott Bessent, Soros Fund Management (SFM), Federal
Reserve Board, Harvard University, Brookings Institution & Soros Funding,
All Networking) (Past Research on Jamie Dimon,
JPMorgan Chase & the Carlyle Group)
Wednesday,
July 16, 2025
https://thesteadydrip.blogspot.com/2025/07/dimon-defends-fed-chair-powell-amid-wh.html
Commercial Club Chicago 2013-2014 Club Year Speaker (U.S. permanent
representative for NATO, Ivo H. Daalder) (Past
Research on the Chicago Council on Global Affairs)
Tuesday,
December 17, 2013
https://thesteadydrip.blogspot.com/2013/12/commercial-club-chicago-2013-2014-club.html
First Case of Ebola in UK: Scotland Confirms Nurse Positive for Virus (Past Research on the Chicago Council on Global Affairs)
Thursday,
January 1, 2015
https://thesteadydrip.blogspot.com/2015/01/first-case-of-ebola-in-uk-scotland.html
Ex-Navy SEAL Drops Bombshell On FOX: Says Government Is CREATING
Conditions To Impose Martial Law (Oct 15, 2013 Video Report) (Past Research on the United Negro College Fund)
Wednesday,
October 16, 2013
https://thesteadydrip.blogspot.com/2013/10/ex-navy-seal-drops-bombshell-on-fox.html
How Bad Is the Indoctrination in our Colleges? (Past
Research on the United Negro College Fund)
Monday,
May 19, 2014
https://thesteadydrip.blogspot.com/2014/05/how-bad-is-indoctrination-in-our.html
Hours After John
Kerry Demands Green Transition Accelerated – His Emissions Closet Swings Wide
Open (Connecting the Dots: Cameron Kerry, John Kerry, Teresa Heinz Kerry,
Soros, the Climate Reality Project, the Brookings Institution (think tank), the
EPA and onto the FDA, Pfizer & Johnson & Johnson. It’s the Network That
Never Ends. One Project (Climate Change) Just bleeds into the Next (Covid
Project)) (Past Research on Cameron Kerry)
Thursday, July 21, 2022
https://thesteadydrip.blogspot.com/2022/07/hours-after-john-kerry-demands-green.html
Obama says ready
to launch air attacks on IS in Syria (Past Research
on JPMorgan Chase & Co & Mayer Brown)
Friday, September 12, 2014
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