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President Donald Trump sued JPMorgan Chase
and its CEO, Jamie Dimon, on Thursday for closing his and related entities’ accounts in early 2021 after decades of being customers of the bank, allegedly for political reasons.
The closures came on the heels of the Jan. 6, 2021, riot by Trump supporters at the U.S. Capitol, and the president exiting the White House later that same month after his electoral loss to former President Joe Biden was confirmed.
Trump and the other plaintiffs in the case are seeking at least $5 billion in civil damages.
