Trump Sues JPMorgan for $5 Billion: The Fight Is On President Donald J. Trump just dropped a legal bombshell: Trump sues JPMorgan in a high-stakes battle that could reshape the public debate over banking practices. He’s suing JPMorgan Chase and its CEO Jamie Dimon for a staggering $5 billion, claiming the bank “debanked” him for political reasons. According to the lawsuit filed in Florida state court, JPMorgan cut ties with Trump and his companies without warning, without remedy, and without reason — other than political bias. “In essence,” the lawsuit says, “JPMC debanked plaintiff’s accounts because it believed that the political tide at the moment favored doing so.” Trump’s team isn’t just claiming breach of contract — they’re accusing JPMorgan…
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