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Trump Threatens Legal Action Against JP Morgan Over Debanking Claims

Trump Threatens Legal Action Against JP Morgan Over Debanking Claims

Author:

Global Cryptocurrency

Published:

2026-01-17 22:00:02

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BTCCSquare news:

Former President Donald TRUMP has escalated his feud with JP Morgan Chase, threatening legal action within two weeks over allegations of unjustified account termination. The dispute stems from the bank's decision to sever ties with Trump following the January 6 Capitol riot—a move he characterizes as politically motivated debanking.

In a Truth Social post, Trump accused financial institutions of coordinated opposition, though he provided no documentary evidence. The confrontation coincides with JP Morgan CEO Jamie Dimon's warnings about political interference in Federal Reserve operations—a stance that could exacerbate market volatility and inflationary pressures.

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