Trump sues JPMorgan Chase for billions over account closure

Donald Trump has filed a lawsuit against JPMorgan Chase and its CEO, Jamie Dimon. The lawsuit seeks at least $5 billion in damages, accusing the bank of closing his accounts for political reasons following the January 6th Capitol attack, an action Trump calls 'debanking'.

The legal action claims the bank severed its banking relationship with Trump and his company improperly. The case has been filed in New York.