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    <title>Aaj TV English News - World</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Mon, 06 Apr 2026 07:24:38 +0500</pubDate>
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    <ttl>60</ttl>
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      <title>JPMorgan cut ties with Trump following January 6 attack</title>
      <link>https://english.aaj.tv/news/330452889/jpmorgan-cut-ties-with-trump-following-january-6-attack</link>
      <description>&lt;p&gt;&lt;strong&gt;JPMorgan Chase told President Donald Trump and his hospitality business in February 2021 that it was closing their accounts at the bank, according to new documents released on Friday as part of a &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/finance/trump-sues-jpmorgan-chase-ceo-dimon-over-alleged-political-debanking-fox-2026-01-22/"&gt;$5 billion lawsuit&lt;/a&gt; Trump has filed against the bank and CEO Jamie Dimon.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Several businesses cut ties with Trump after the January 6, 2021, attack on the US Capitol by his supporters, including two law firms that represented him and the Trump Organization.&lt;/p&gt;
&lt;p&gt;The bank did not list any specific reason for the account closures in its &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://tmsnrt.rs/4tJQu6p"&gt;February 19, 2021 letters&lt;/a&gt; to Trump and the Trump Organization.&lt;/p&gt;
&lt;p&gt;In one letter, the bank said it can sometimes “determine that a client’s interests are no longer served by maintaining a relationship with J.P. Morgan Private Bank.”&lt;/p&gt;
&lt;p&gt;A spokesperson for JPMorgan did not immediately respond to a request for comment, nor did &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/legal/government/illinois-lawmakers-move-limit-investor-influence-law-firms-private-equity-edge-2026-02-19/"&gt;the bank’s attorneys at Jones Day&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;The bank has previously said that Trump’s suit is meritless.&lt;/p&gt;
&lt;p&gt;A spokesperson for Trump’s legal team said the disclosure of the letters are “a devastating concession that proves President Trump’s entire claim.”&lt;/p&gt;
&lt;p&gt;The bank has “admitted to unlawfully and intentionally de-banking President Trump, his family, and his businesses, causing overwhelming financial harm,” the Trump legal team spokesperson said.&lt;/p&gt;
&lt;p&gt;Trump has accused JPMorgan, the largest US bank, of violating its own policies by singling him out to ride the “political tide.”&lt;/p&gt;
&lt;p&gt;The account closure letters were filed on Friday &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://tmsnrt.rs/4tJQl2R"&gt;as part of a motion&lt;/a&gt; JPMorgan is seeking to move Trump’s lawsuit from the Miami federal court to New York.&lt;/p&gt;
&lt;p&gt;“The overwhelming connections this dispute has to New York reinforce this result,” the bank said in its motion.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>JPMorgan Chase told President Donald Trump and his hospitality business in February 2021 that it was closing their accounts at the bank, according to new documents released on Friday as part of a <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/finance/trump-sues-jpmorgan-chase-ceo-dimon-over-alleged-political-debanking-fox-2026-01-22/">$5 billion lawsuit</a> Trump has filed against the bank and CEO Jamie Dimon.</strong></p>
<p>Several businesses cut ties with Trump after the January 6, 2021, attack on the US Capitol by his supporters, including two law firms that represented him and the Trump Organization.</p>
<p>The bank did not list any specific reason for the account closures in its <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://tmsnrt.rs/4tJQu6p">February 19, 2021 letters</a> to Trump and the Trump Organization.</p>
<p>In one letter, the bank said it can sometimes “determine that a client’s interests are no longer served by maintaining a relationship with J.P. Morgan Private Bank.”</p>
<p>A spokesperson for JPMorgan did not immediately respond to a request for comment, nor did <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/legal/government/illinois-lawmakers-move-limit-investor-influence-law-firms-private-equity-edge-2026-02-19/">the bank’s attorneys at Jones Day</a>.</p>
<p>The bank has previously said that Trump’s suit is meritless.</p>
<p>A spokesperson for Trump’s legal team said the disclosure of the letters are “a devastating concession that proves President Trump’s entire claim.”</p>
<p>The bank has “admitted to unlawfully and intentionally de-banking President Trump, his family, and his businesses, causing overwhelming financial harm,” the Trump legal team spokesperson said.</p>
<p>Trump has accused JPMorgan, the largest US bank, of violating its own policies by singling him out to ride the “political tide.”</p>
<p>The account closure letters were filed on Friday <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://tmsnrt.rs/4tJQl2R">as part of a motion</a> JPMorgan is seeking to move Trump’s lawsuit from the Miami federal court to New York.</p>
<p>“The overwhelming connections this dispute has to New York reinforce this result,” the bank said in its motion.</p>
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      <category>World</category>
      <guid>https://english.aaj.tv/news/330452889</guid>
      <pubDate>Sun, 22 Feb 2026 10:21:29 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>An explosion caused by a police munition is seen while supporters of US President Donald Trump riot in front of the US Capitol Building in Washington on January 6, 2021. – Reuters
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