Lawsuits and investigations are underway regarding alleged politically motivated account closures at major banks like JPMorgan Chase and Bank of America.
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Updated oct 15
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How it started
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What happened
Lawsuits and investigations are underway regarding alleged politically motivated account closures at major banks like JPMorgan Chase and Bank of America.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Donald Trump filed lawsuits against JPMorgan Chase and Capital One regarding account closures and alleged debanking.Sub-event
Trump sues bank over political motivations as Capital One closes his accounts citing AML.1 source
- Capital One closed accounts belonging to Donald Trump and Eric Trump citing AML reasons, leading to a lawsuit from Eric Trump.Sub-event
- Banks shut down accounts of political figures, while groups pressure companies regarding firearms and senators question the FED.Sub-event
Lawsuits filed over alleged debanking and politically motivated account closures after Jan 6, 2021.1 source
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The entities involved
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JPMorgan Chase
American multinational banking and financial services holding company
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Bank of America
American multinational banking and financial services corporation
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)