Trump says he is suing JPMorgan over “fake” Wall Street Journal report

President Donald Trump said he will sue JPMorgan Chase in the next two weeks, as stated by The Kobeissi Letter on X. Trump claims the lawsuit is because JPMorgan “debanked” him after the January 6 protest.

Trump denies offering job

He said the Wall Street Journal wrote a big story on the front page. The story said he offered Jamie Dimon, the boss of JPMorgan, the job of Fed Chairman. Trump says this is completely false. He never offered that job to Dimon.

He also asks why the Wall Street Journal did not call him to check if the story was true before they printed it. Trump also mentions the article implied he offered Dimon the job of Treasury Secretary, but he says that was never considered, because Scott Bessent is already doing a “fantastic job”.


In the statement Trump also criticizes the Wall Street Journal for poor fact-checking and warns that its credibility will continue to decline if this continues. Trump ends by thanking the Wall Street Journal for their “attention to this matter,” in his statement on X.

FAQs

Q1. Why is Trump suing JPMorgan?

Trump says JPMorgan wrongly closed his accounts after January 6, and he plans to take legal action.

Q2. Did Trump offer Jamie Dimon a government job?

No, Trump says the reports claiming he offered Dimon Fed Chair or Treasury jobs are false.