The Coffman Chronicle

The Coffman Chronicle

Trump’s $5B ‘Debanking’ Lawsuit Gains Momentum as JPMorgan Admits Closing His Accounts

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Team Coffman Chronicle
Feb 22, 2026
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POLITICO Pro | Article | Wall Street titans push back on Trump's trade war

JPMorgan Chase has for the first time publicly acknowledged that it closed Donald Trump’s personal and business bank accounts in early 2021, revelations that have escalated a high-stakes legal battle.

The disclosure came in recent court filings tied to Trump’s $5 billion lawsuit alleging the banking giant “de-banked” him and his companies for political r…

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