They’ll try, but Trump haters won’t be able to claim the Trump family is lying about this any longer. In court filings, that I’m sure JP Morgan was hoping would slip under the radar, they admit they DID debank President Trump’s private and commercial accounts.

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 billion, alleging 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.

I read Eric Trump’s book, Under Siege. In it he describes in great detail what happened when the banks (including JP Morgan) abruptly closed ALL their accounts. The First Republic Bank CEO claimed debanking the Trump family was “out of their control.” Then the rest of them followed. 

“The most devastating surprise came from Capital One, after being a client for nearly twenty years.
“Eric, I just received notice via overnight mail terminating all our bank accounts, effective March 21, 2021.”
The opening of the three-sentence letter read “Your account has been closed,” and ended with this line: “If you have any questions, please get in touch.”

Excerpt From
Under Siege
Eric Trump
https://books.apple.com/us/book/under-siege/id6747758941
This material may be protected by copyright.

It wasn’t just the banking entities such as Capital One and JP Morgan Chase. Shopping platforms and insurance companies did the same. Now one has to wonder just WHO was pulling all those strings to make this happen on such a large scale?

Let’s just say that if Eric really wrote what he was thinking, he’d flat out say it was a shit show wrapped around total political retribution. 

For those who will and have been saying he, President Trump, and Melania are lying about the debanking, it’s a certain bet that they have ALL the receipts to show. 

The debanking move however was flat out malicious on the part of all banks involved. Not one single entity, including JP Morgan Chase, gave a rats ass about the lives impacted. By abruptly with essentially only a one-day notice, the debanking meant that employees couldn’t be paid, business leases faced cancellation and much more. 

Furthermore ALL the debanking was done without any reasons given. Which means the underlying reason was pure political malice. 

You can tell, even today, that too many in the media don’t care about those ramifications. This is how the NY Times led with the news. 

For years, President Trump has complained that his personal and business bank accounts were deliberately closed after the Jan 6., 2021, attack on the Capitol.

JPMorgan Chase is now admitting that did happen.

In a response to a lawsuit filed last month by Mr. Trump and the Trump Organization, JPMorgan, the nation’s largest bank, said for the first time late Friday that it cut off more than 50 Trump accounts in February 2021, shortly after Mr. Trump’s first term ended.

The accounts included those for Trump hotels, housing developments and retail shops in Illinois, Florida and New York, as well as Mr. Trump’s personal private banking relationship that handled his inheritance from his father, according to letters filed to the court.

“Complained??!!” No guys, he wasn’t complaining or whining about it. Nor did Melania or Eric. They flat out stated they were debanked and the media/Democrat establishment ran cover for JP Morgan and the others involved instead. Obviously the NY Times is still trying to paint President Trump as the bad guy in all this. 

And, in fact, those receipts are now bearing fruit with JP Morgan admitting under oath during depositions that yes, they DID debank the Trump family and businesses. 

And JP Morgan is trying to get the case moved to New York where it will be easier to get a jury that’s biased against Trump pic.twitter.com/ICLiftQhVp

— Andrew Tavani (@andrewtavani) February 21, 2026

Good luck with that. It’s been just a month since President Trump filed his lawsuit against JP Morgan Chase and Jamie Dimon. 

Many were still insisting, just as they did during the Obama Administration with Operation ChokePoint, and when President Trump called them all out at Davos last year, that political debanking isn’t a thing. 

But now, JP Morgan admits it. They admit that Trump and his holdings were debanked for no reason at all. Other than malicious political retribution that is. 

Hold them accountable and make them pay for their malicious efforts to debank not only the Trump family and holdings, but anyone else who they deemed as unfit because of their politics. 

Feature Photo Credit: J.P. Morgan building in San Francisco via iStock, cropped and modified