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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 appropriate for these doing the protesting,” Trump stated in a social media put up.
( @realDonaldTrump – Reality Social Submit )
( Donald J. Trump – Jan 17 2026, 11:13 AM ET )A entrance web page Article in The Faux 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 govt order requiring banks to make sure they aren’t refusing monetary providers to shoppers primarily based on spiritual or political opinions, a apply referred to as debanking.
Trump claimed he was personally discriminated in opposition to by banks, with JPMorgan Chase and Financial institution of America refusing to simply accept his deposits after his first time period in workplace. On the time, JPMorgan stated it doesn’t shut accounts for political causes.
Trump and Household Flip To Crypto
After claiming that a few of America’s largest banks reduce them off from providers, Trump and his sons have pushed additional into the world of crypto.
“We received into crypto as a result of we had been debanked,” Donald Trump Jr. stated 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 approach to go and “completely the way forward for banking.”
The Trump household is transferring to take over TradFi providers 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 intention to ascertain the corporate because the crypto big. I do not assume this can be a shock to anybody who has been following their journey to this point.… 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 needs establishments and on a regular basis individuals to be use the digital token for funds.
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