Overview
- Trump said he will sue JPMorgan Chase within the next two weeks over what he calls wrongful 'debanking' after Jan. 6, 2021.
- He rejected a Wall Street Journal report that he offered JPMorgan CEO Jamie Dimon the Federal Reserve chair.
- Trump also said the report implied a Treasury post for Dimon, which he denied, adding that Scott Bessent is already in that role in his administration.
- JPMorgan Chase and Bank of America have denied refusing Trump's deposits, and the allegations have not been independently verified.
- The threatened lawsuit aligns with Trump's broader pattern in his second term of frequently turning to litigation, including against media outlets.