Capital One dismissal bid puts Trump’s JPMorgan Chase “political debanking” lawsuit in sharper focus

A new filing in Trump’s Capital One case highlights the legal hurdle facing a separate $5 billion lawsuit against JPMorgan Chase: proving political discrimination when bank agreements grant broad authority to close accounts.

The filing in President Donald Trump’s lawsuit is bringing renewed attention to a separate case against JPMorgan Chase, sharpening the question of whether “political debanking” can be proved in court.

Capital One asked a federal judge in Miami to dismiss with prejudice a lawsuit brought by Trump’s trust and affiliated businesses, which accuse the bank of closing more than 300 accounts because of political bias following the Jan. 6,

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top