JPMorganChase Statement Regarding President Trump’s Lawsuit

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NEW YORK--(BUSINESS WIRE)--Jan 22, 2026--

JPMorgan Chase & Co. (NYSE: JPM) issued the following statement today:

“While we regret President Trump has sued us, we believe the suit has no merit. We respect the President’s right to sue us and our right to defend ourselves - that’s what courts are for.

Our company does not close accounts for political or religious reasons. We do close accounts because they create legal or regulatory risk for the company. We regret having to do so, but often rules and regulatory expectations lead us to do so. We have been asking both this Administration and prior administrations to change the rules and regulations that put us in this position, and we support this Administration’s efforts to prevent the weaponization of the banking sector.”

View source version on businesswire.com:https://www.businesswire.com/news/home/20260122070483/en/

CONTACT: Media Contact:

Joseph Evangelisti

212-270-7438

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES WHITE HOUSE/FEDERAL GOVERNMENT PUBLIC POLICY/GOVERNMENT LEGAL FINANCE BANKING

SOURCE: JPMorgan Chase & Co.

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PUB: 01/22/2026 01:31 PM/DISC: 01/22/2026 01:32 PM

http://www.businesswire.com/news/home/20260122070483/en