🚨 JPMorgan Admits It Closed Trump’s Accounts — And The Timing Is Everything
In a stunning courtroom revelation, JPMorgan Chase has confirmed that it shut down both Donald Trump's personal and business bank accounts in February 2021. The disclosure came as part of Trump’s $5 billion lawsuit against the financial giant, where he alleges the closure was politically motivated rather than based on any legitimate banking concerns.
The timing is hard to ignore. Just weeks after the January 6th Capitol riots, the nation’s largest bank moved to sever ties with the former president—a decision that has now become a central piece of evidence in a legal battle with massive implications.
Here’s what we know so far: The accounts were closed roughly one month after the Capitol attack, though JPMorgan has not publicly disclosed its internal reasoning. Trump’s legal team argues this wasn’t a routine risk assessment but a deliberate act of political retaliation. They point to the absence of any financial red flags or account violations prior to the shutdown.
What makes this case particularly significant is the broader context. In recent years, major financial institutions have faced mounting pressure from progressive activists and political figures to cut ties with individuals and organizations deemed controversial. This has raised serious questions about whether banks—which hold enormous power over commerce and daily life—are quietly engaging in political blacklisting.
If Trump’s lawsuit succeeds, it could set a major precedent about when and how financial institutions can close accounts based on political considerations. It might also force banks to be more transparent about their decision-making processes.
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