Last updated: 2026-02-21 21:32:51 ET
Pulse AI Brief
Updated Feb 21, 2026 8:00 PM ET
JPMorgan Chase has acknowledged in a court filing that it closed former President Donald Trump's accounts following the January 6 Capitol riot. This admission comes amid Trump's $5 billion lawsuit against the bank, alleging political bias in the decision.
The revelation could impact JPMorgan's stock (JPM) as it faces legal and reputational challenges. Investors might reassess the bank's risk management and political exposure.
This case underscores the ongoing political and legal battles surrounding the events of January 6, highlighting the financial sector's role in navigating politically sensitive situations.
Trump sued JPMorgan Chase for $5 billion, alleging that his accounts were closed for political reasons, disrupting his business operations.
Nation’s largest bank, in response to a lawsuit filed by the president, confirmed his longstanding complaint about “debanking.”
The Republican-led House said Jesse Jackson cannot lie in honor in the U.S. Capitol. The NAACP criticized the decision.
Several major corporations had already filed lawsuits to seek refunds in anticipation of the ruling by the Supreme Court.
Trump filed the lawsuit in January in a Florida state court in Miami-Dade County, seeking at least $5 billion in damages.
A Georgia man who said he wanted to talk to Congress was arrested after allegedly running toward the U.S. Capitol with a loaded shotgun, authorities s...
The Financial Times, citing sources close to the discussion, said the Wall Street powerhouse is exploring ways to handle financial operations for the ...
The nation's biggest bank by assets unveiled the expansion, which was first reported by the Financial Times, on Wednesday.
Man CHARGES US Capitol With SHOTGUN, Its Getting Crazy
Police arrested an 18-year-old Georgia man accused of rushing toward the Capitol with a loaded shotgun. Investigators are working to determine his mot...
