Donald Trump has announced he is suing JPMorgan Chase, accusing the financial organisation of debanking him.
The US President accused JPMorgan of “incorrectly and inappropriately” taking action against him in the aftermath of the January 6 protests which took place in 2021.
Mr Trump made the announcement as he rejected media claimed JPMorgan CEO Jamie Dimon was being considered to head up the US Federal Reserve amid frictions between the US President and current chairman, Jerome Powell.
The 79-year-old announced on his social media platform, Truth Social, that he will be instigating action in the next fortnight.
He said: “A front page Article in The Fake News Wall Street Journal states, without any verification, that I offered Jamie Dimon, of JPMorgan Chase, the job of Fed Chairman.
“This statement is totally untrue, there was never such an offer and, in fact, I’ll be suing JPMorgan Chase over the next two weeks for incorrectly and inappropriately DEBANKING me after the January 6th Protest, a protest that turned out to be correct for those doing the protesting — The Election was RIGGED!
“Why wouldn’t The Wall Street Journal call me to ask whether or not such an offer was made? I would have very quickly told them, “NO,” and that would have been the end of the story.”
JPMorgan
More to follow…