The Dictatorship

JPMorgan Chase admits closing Trump’s accounts after Capitol riot

Published

3 weeks ago

February 23, 2026

JPMorgan Chase admits closing Trump’s accounts after Capitol riot

NEW YORK (AP) — JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the Jan. 6, 2021 attacks on the U.S. Capitol, the latest development in a legal saga between the president and the nation’s biggest bank over the issue known as “debanking.”

The acknowledgment came in a court filing submitted this week in Trump’s lawsuit against the bank and its leader, Jamie Dimon. The president sued for $5 billionalleging that his accounts were closed for political reasons, disrupting his business operations.

“In February 2021, JPMorgan informed Plaintiffs that certain accounts maintained with JPMorgan’s CB and PB would be closed,” JPMorgan’s former chief administrative officer Dan Wilkening wrote in the court filing. The “PB” and “CB” stands for JPMorgan’s private bank and commercial bank.

Until now, JPMorgan has never admitted it closed the president’s accounts in writing after Jan. 6. The bank would only speak hypothetically about when the bank closes accounts and its reasons for closing accounts, citing bank privacy laws.

A spokeswoman for the bank declined to comment beyond what the bank said in its legal filings.

Trump originally sued JPMorgan in Florida state court, where Trump’s primary residence is now located. The filings this week are part of an effort by JPMorgan Chase to have the case both moved from state to federal court and to have the jurisdiction of the case moved to New York, which is where the bank accounts were located and where Trump kept much of his business operations until recently.

Trump originally accused the bank of trade libel and violating state and federal unfair and deceptive trade practices.

In the original lawsuit, Trump said he tried to raise the issue personally with Dimon after the bank sent him notices that JPMorgan would close his accounts, and that Dimon assured Trump he would figure out what was happening. The lawsuit alleges Dimon failed to follow up with Trump.

Further, Trump’s lawyers allege that JPMorgan placed the president and his companies on a reputational “blacklist” that both JPMorgan and other banks use to keep clients from opening accounts with them in the future. The blacklist has yet to be defined by the president’s lawyers.

“If and when Plaintiffs explain what they mean by this “blacklist,” JPMorgan will respond accordingly,” the bank’s lawyers said in a filing.

JPMorgan has previously said that while it regrets that Trump felt the need to sue the bank, the lawsuit has no merit.

The issue of debanking is at the center of the case. Debanking occurs when a bank closes the accounts of a customer or refuses to do business with a customer in the form of loans or other services. Once a relatively obscure issue in finance, debanking has become a politically charged issue in recent years, with conservative politicians arguing that banks have discriminated against them and their affiliated interests.

“In a devastating concession that proves President Trump’s entire claim, JPMorgan Chase admitted to unlawfully and intentionally de-banking President Trump, his family, and his businesses, causing overwhelming financial harm,” the president’s lawyers said in a statement. “President Trump is standing up for all those wrongly debanked by JPMorgan Chase and its cohorts, and will see this case to a just and proper conclusion.”

Debanking first became a national issue when conservatives accused the Obama administration of pressuring banks to stop extending services to gun stores and payday lenders under “Operation Choke Point.”

Trump and other conservative figures have alleged that banks cut them off from their accounts under the umbrella term of “reputational risk” after the Jan. 6, 2021, attack on the U.S. Capitol. Since Trump came back into office, the president’s banking regulators have moved to stop any banks from using “reputational risk” as a reason for denying service to customers.

This is not the first lawsuit Trump has filed against a big bank alleging that he was debanked. The Trump Organization sued credit card giant Capital One in March 2025 for similar reasons and allegations. The case is ongoing.

The Dictatorship

The Latest: US hits pro-government demonstration in Iran as war threatens global economy

Published

13 hours ago

March 14, 2026

Blue Light Newsroom

The Latest: US hits pro-government demonstration in Iran as war threatens global economy

The Dictatorship

Suspect in Temple Israel attack lost family in Israeli airstrikes

Published

23 hours ago

March 14, 2026

Blue Light Newsroom

Suspect in Temple Israel attack lost family in Israeli airstrikes

Mar. 13, 2026, 6:23 PM EDT

The suspect in an attack at a synagogue near Detroit lost several family members in an Israeli airstrike in Lebanon this month, according to the Islamic Institute of America in Dearborn and community leaders.

Ayman Mohamad Ghazali, a 41-year-old U.S. citizen originally from Lebanon, lost his two brothers and a niece and nephew in the strike on their home, according to those sources. Whether that played a role in the motive for the attack remains unclear, and Gov. Gretchen Whitmer deferred a question about it to the FBI on Friday, citing an ongoing investigation.

Authorities are looking at the possibility Ghazali may have had familial ties to Hezbollah in Lebanon, two law enforcement officials briefed on the investigation told MS NOW.

Ghazali died in the Thursday attack, in which authorities say he drove a car into Temple Israel in West Bloomfield, Michigan, injuring a security officer. Ghazali was a resident of Dearborn Heights, Mayor Mo Baydoun said in a Facebook post. Baydoun also said in that post that Ghazali “lost several members of his own family, including his niece and nephew, in an Israeli attack on their home in Lebanon” this month.

The Thursday attack in Michigan came as the U.S. and Israel wage a war with Iranwhich they launched on Feb. 28. Security around Jewish communities in places such as New York has been heightened since the conflict began.

Ghazali first came to the U.S. in 2011 on a spousal visa before being granted citizenship in 2016, a spokesperson for the Department of Homeland Security said.

In a phone interview with Fox host Brian Kilmeade, President Donald Trump appeared to blame former President Joe Biden for Ghazali’s entry into the country when asked about the Michigan attack and the deadly shooting at Old Dominion University in Michigan.

“They came in a lot through Biden, and they came in through other presidents, frankly, and it’s a disgrace,” Trump said.

Temple Israel describes itself as the country’s largest Jewish Reform congregation, and it also has an early childhood education center on site that more than 100 kids attend, Whitmer said. All children were safely evacuated following the attack, Oakland County Sheriff Michael Bouchard said.

“This is targeting babies who are Jewish,” Whitmer said. “That’s antisemitism at its absolute worst.”

The security guard who was injured was hospitalized but is expected to recover.

Whitmer on Friday thanked the synagogue’s security personnel, who she said “were selfless in their courage and they saved lives.”

Sen. Elissa Slotkin, D-Mich., added that if the synagogue’s private security, local law enforcement and first responders “had not all done their jobs almost perfectly, we would be talking about an immense tragedy here today with children gone.”

Andrew Bossone and Chris O’Leary contributed to this report.

Julianne McShane is a breaking news reporter for MS NOW who also covers the politics of abortion and reproductive rights. You can send her tips from a non-work device on Signal at jmcshane.19 or follow her on X or Bluesky.

Marc Santia is an investigative correspondent for MS NOW.

The Dictatorship

Missile strikes a helipad inside the U.S. Embassy compound in Baghdad, Iraqi security officials say

Published

1 day ago

March 14, 2026

Blue Light Newsroom

Missile strikes a helipad inside the U.S. Embassy compound in Baghdad, Iraqi security officials say

Mar. 14, 2026, 12:25 AM EDT

BAGHDAD (AP) — A missile struck a helipad inside the U.S. Embassy compound in Baghdad, two Iraqi security officials said.

Associated Press footage showed a column of smoke rising Saturday morning over the embassy compound.

The sprawling embassy complex, one of the largest U.S. diplomatic facilities in the world, has been repeatedly targeted by rockets and drones fired by Iran-aligned militias.

There was no immediate comment from the U.S. Embassy in Baghdad. On Friday, the embassy renewed its Level 4 security alert for Iraq, warning that Iran and Iran-aligned militia groups have previously carried out attacks against U.S. citizens, interests and infrastructure, and “may continue to target them.”