JPMorgan Chase Confirms Closing Trump's Accounts After January 6 Capitol Attack

JPMorgan Chase [JPM] has acknowledged closing certain bank accounts belonging to former President Donald Trump following the January 6, 2021 attack on the U.S. Capitol, according to a court filing submitted in Trump's lawsuit against the bank.

In documents cited by The Associated Press, former JPMorgan chief administrative officer Dan Wilkening stated that the bank notified Trump in February 2021 about the closure of specific accounts in its private and commercial banking divisions. This disclosure is part of Trump's legal action against JPMorgan Chase and its CEO Jamie Dimon, filed last month.

Trump's attorney, Alejandro Brito, alleges in the 26-page complaint that the bank "debanked" the former president for political reasons in the aftermath of the Capitol riot, which followed Trump's efforts to challenge the results of the 2020 presidential election won by Joe Biden. The lawsuit claims JPMorgan sought to distance itself from Trump over ideological differences.

JPMorgan has dismissed the case as meritless. The dispute echoes broader Republican accusations that major financial institutions have unfairly targeted conservative customers since the January 6 events.

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February 07, 2026 02:38 ET The week saw central bank action from major economies as policymakers decided on interest rate settings. Private sector survey data for the manufacturing and services sectors were in focus in the U.S. along with some data on the labor market. In Europe, central bank decisions from the euro area and the U.K. gained attention. In the Asia-Pacific, the main news came from the Reserve Bank of Australia that announced its latest interest rate decision.