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Trump Legal Team Fights to Keep JPMorgan Debanking Suit in Florida

Apr 21, 2026 14:45 UTC
JPM
Medium term

Donald Trump's attorneys are urging a judge to hold JPMorgan Chase CEO Jamie Dimon personally accountable for the bank's decision to terminate the former president's accounts. The lawsuit alleges that Dimon orchestrated a 'blacklist' in violation of Florida state law.

  • Trump's lawyer Alejandro Brito filed a motion to keep the case in Florida
  • Allegation that Jamie Dimon personally directed the bank to drop Trump
  • Claims that Trump was added to an industry-wide blacklist
  • Lawsuit cites Florida unfair practices law as the basis for the claim
  • Focus on preventing Dimon from escaping personal liability

Legal representatives for Donald Trump have filed a motion to ensure that a lawsuit against JPMorgan Chase & Co. remains within the jurisdiction of Florida courts. The filing specifically targets CEO Jamie Dimon, arguing that he cannot be shielded from liability regarding the bank's decision to sever ties with the former president. The dispute centers on allegations of 'debanking,' with Trump claiming that the financial institution blacklisted him following the events of January 6, 2021. According to the filing, the action was not a routine corporate decision but a targeted move directed by Dimon himself. Trump's lawyer, Alejandro Brito, asserts that the bank's actions violated Florida's unfair practices laws. The legal team argues that the personal involvement of the CEO justifies the pursuit of individual liability and the maintenance of the case in the Sunshine State. While the litigation involves the largest bank in the United States, the immediate financial risk to JPMorgan Chase appears limited. However, the case highlights ongoing tensions between financial institutions and political figures regarding account closures and regulatory compliance.

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