In Trump v. Dimon, years of strain culminate in $5 billion suit

  • Posted on January 23, 2026
  • By Business News Today
  • 4 Views
In Trump v. Dimon, years of strain culminate in $5 billion suit

Donald Trump has sued JPMorgan Chase CEO Jamie Dimon and his bank for $5 billion, alleging they illegally "debanked" Trump's businesses due to his politics. Despite the lawsuit, JPMorgan's stock rose, and Dimon received a raise. This action highlights Trump's ongoing disputes with financial firms and his complex, often combative, relationship with Dimon.
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