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President Donald Trump has threatened to sue JPMorgan Chase over allegedly debanking him following the January 6, 2021 riot on the US Capitol.
“I’ll be suing JPMorgan Chase over the subsequent two weeks for incorrectly and inappropriately DEBANKING me after the January sixth Protest, a protest that turned out to be right for these doing the protesting,” Trump mentioned in a social media publish.
( @realDonaldTrump – Fact Social Submit )( Donald J. Trump – Jan 17 2026, 11:13 AM ET )
A entrance web page Article in The Pretend Information Wall Road Journal states, with none verification, that I supplied Jamie Dimon, of JPMorgan Chase, the job of Fed Chairman. T… pic.twitter.com/gQc41kUVcF
— Donald J Trump Posts TruthSocial (@TruthTrumpPost) January 17, 2026
In August, Trump signed an government order requiring banks to make sure they aren’t refusing monetary companies to shoppers based mostly on spiritual or political views, a follow generally known as debanking.
Trump claimed he was personally discriminated in opposition to by banks, with JPMorgan Chase and Financial institution of America refusing to just accept his deposits after his first time period in workplace. On the time, JPMorgan mentioned it doesn’t shut accounts for political causes.
Trump and Household Flip To Crypto
After claiming that a few of America’s greatest banks reduce them off from companies, Trump and his sons have pushed additional into the world of crypto.
“We obtained into crypto as a result of we have been debanked,” Donald Trump Jr. mentioned in a Fox Information interview final yr. “We needed to provide you with options,” he continued, including that crypto was probably the most environment friendly option to go and “completely the way forward for banking.”
The Trump household is transferring to take over TradFi companies utilizing crypto.
The $WLFI token backed by the Trump household, rolled out a lending platform for it is stablecoin 👑
That is nice strategic transfer as they purpose to determine the corporate because the crypto big. I do not assume it is a shock to anybody who has been following their journey up to now.… pic.twitter.com/ue3ZYhm3JD
— Alaoui Capital (@Alaouicapital) January 13, 2026
Trump-backed World Liberty Monetary, a borrowing and lending platform that runs on Ethereum, has its personal stablecoin, USD1, and desires establishments and on a regular basis folks to be use the digital token for funds.
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