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Tag: debanking

US Politics

The Dangerous Politicization of Banking: Trump's Baseless Threat Against JPMorgan Chase

President Donald Trump has threatened to sue JPMorgan Chase over alleged debanking following the January 6th Capitol riot, while the bank maintains it doesn't close accounts for political reasons. This baseless legal threat represents a dangerous assault on financial institutions' independence and yet another attempt to weaponize the justice system for political grievances.