JPMorgan said it would fight the litigation, adding it does “not close accounts for political or religious reasons”, according to a statement. “While we regret President Trump has sued us, we believe the suit has no merit,” the bank added. Banking industry officials reject charges that they debank people over political viewpoints but have echoed JPMorgan’s statement in calling for reform. Upon retaking the White House in January 2025, Trump granted pardons to more than 1500 people who stormed the Capitol. “President Trump was charged because the evidence established that he wilfully broke the very laws that he took an oath to uphold.”-Agence France-Presse

Source: New Zealand Herald January 23, 2026 04:39 UTC