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International Business Times
International Business Times
Business

Trump Escalates Battle With JPMorgan, Threatens Legal Action Over Account Closure

U.S. President Donald Trump awaits the arrival of Armenian Prime Minister Nikol Pashinyan at the White House on August 8, 2025 in Washington, DC.

President Donald Trump escalated his long-running dispute with JPMorgan Chase on Saturday, threatening to sue the banking giant over the closure of his accounts following the January 6 Capitol riots.

Trump said he plans to file a lawsuit within the next two weeks, accusing the bank of "incorrectly and inappropriately DEBANKING me" after a protest he claims was justified.

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