ReferIndia News JPMorgan Admits to Debanking Trump: Legal Battle Intensifies

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JPMorgan Admits to Debanking Trump: Legal Battle Intensifies

Published on: Feb. 22, 2026, 3:01 a.m. | Source: Devdiscourse

JPMorgan Chase has acknowledged shutting down President Donald Trump's bank accounts post-January 6, 2021, raising the controversial issue of debanking. Trump has filed a $5 billion lawsuit against the bank, claiming it closed his accounts for political reasons and caused significant harm to his business operations.

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