Following the January 6, 2021 Capitol protest, President Donald Trump indicated on Saturday that he intends to file a lawsuit against JPMorgan Chase within a few weeks, claiming the bank "incorrectly and inappropriately debanked" him.
In addition to threatening legal action, Trump refuted a Wall Street Journal article that said he had offered Jamie Dimon, the CEO of JPMorgan, the position of chair of the Federal Reserve.
The two-time president denounced the assertion as "totally untrue," claiming that no such offer had ever been made and criticizing the newspaper for failing to request feedback prior to publishing.
"I offered Jamie Dimon of JPMorgan Chase the position of Fed Chairman, according to a front-page article in The Fake News Wall Street Journal, without any proof.
This claim is completely false; there was never such an offer. In fact, I will be suing JPMorgan Chase over the course of the next two weeks for improperly and incorrectly DEBANKING me following the January 6th protest, which proved to be correct for those participating the election was rigged! Trump made a long piece on Truth Social.
He added that the bank's purported account actions against him are the true issue that is currently going to court and that the report should have been readily refuted with a phone call.
Additionally, Trump denied rumors that he was considering Dimon for Treasury secretary, stating that he is content with Scott Bessent, whom he called "a superstar."
"Why wouldn't I get a call from The Wall Street Journal to find out whether such an offer was made? I would have told them "NO" right away, and the narrative would have ended there.
Additionally, it was implied that I had offered Jamie Dimon the position of Secretary of the Treasury, a position in which he would be highly interested. The issue is that Scott Bessent is doing an amazing job," he wrote.
A representative for JPMorgan Bank, Trish Wexler, acknowledged in an email to Reuters that the CEO had not received any such offer. Since taking office again in January of last year, Trump has pursued an increasing number of legal disputes.
Trump has filed lawsuits or threatened to file lawsuits against significant organizations throughout the past year, mostly media outlets including The New York Times, CBS News, and the BBC, for what he claims to be false or defamatory coverage.
