Donald Trump threatened to sue JPMorgan Chase on Saturday, citing an unsubstantiated allegation that major banks discriminated against him after the 6 January 2021 Capitol riot.
Trump announced the potential lawsuit in a post on social media, tying the threat to his criticism of a recent Wall Street Journal article that reported he had offered the JPMorgan Chase CEO, Jamie Dimon, the position of US Federal Reserve chair. Trump insists the report is inaccurate and says no such offer was ever made.
The president also reiterated his claim that JPMorgan Chase – the largest US bank – improperly cut off his banking access after the January 6 Capitol attack, without providing evidence. He also did not provide evidence for his often-repeated false claim that the 2020 presidential election was rigged against him.
“I’ll be suing JPMorgan Chase over the next two weeks for incorrectly and inappropriately DEBANKING me after the January 6th Protest, a protest that turned out to be correct for those doing the protesting – The Election was RIGGED!” he wrote.
Trump has alleged that several banks, including JPMorgan Chase and Bank of America, refused to accept his deposits following the events of 6 January 2021. Both institutions have strongly rejected those accusations.