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Look, the man never sleeps, never backs down, and apparently never forgets a grudge. President Trump just announced he's gearing up to sue JPMorgan Chase for what he calls the bank's "incorrect and inappropriate" de-banking of him in the wake of the January 6, 2021, Capitol protest.
Because nothing says "welcome back to the Oval Office" like reminding the biggest bank on the block that actions have consequences.
It all kicked off with Trump torching a Wall Street Journal report claiming he dangled the Federal Reserve Chairman position in front of JPMorgan CEO Jamie Dimon. In a Truth Social post Saturday, the president shot that down faster than a bad tweet.
"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," he wrote.
Then came the haymaker: "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!"
Quick recap for the memory-challenged: On January 6, 2021, Trump told his supporters to protest peacefully while Congress certified the 2020 results. Things went sideways, tear gas flew, barricades vanished, and the media turned it into the next Reichstag fire.
It all kicked off with Trump torching a Wall Street Journal report claiming he dangled the Federal Reserve Chairman position in front of JPMorgan CEO Jamie Dimon. In a Truth Social post Saturday, the president shot that down faster than a bad tweet.
"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," he wrote.
Then came the haymaker: "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!"
Quick recap for the memory-challenged: On January 6, 2021, Trump told his supporters to protest peacefully while Congress certified the 2020 results. Things went sideways, tear gas flew, barricades vanished, and the media turned it into the next Reichstag fire.
Trump told the crowd to "go home in peace" on video and Twitter. Meanwhile, leaked footage has Nancy "Hands-a-Fire" Pelosi owning the lack of National Guard prep. But sure, let's pretend it was all Trump's master plan.
As for Dimon? The JPMorgan boss has admitted the bank de-banks people, just not for politics or religion, he insists.
"We do not de-bank people because of religious or political affiliations," Dimon said. "We de-bank people who are Democrats, we de-bank people who are Republicans, we de-bank different religious folks. Never was that for that reason.”
Trump, of course, isn't buying it. Back in August he signed an executive order cracking down on financial institutions that discriminate based on politics or faith, basically telling banks to stop playing woke hall monitor or face the music. At the time, he didn't mince words: "The banks discriminate against conservatives, they discriminate against religion, because they're afraid of the radical left, I suspect,"
"We do not de-bank people because of religious or political affiliations," Dimon said. "We de-bank people who are Democrats, we de-bank people who are Republicans, we de-bank different religious folks. Never was that for that reason.”
Trump, of course, isn't buying it. Back in August he signed an executive order cracking down on financial institutions that discriminate based on politics or faith, basically telling banks to stop playing woke hall monitor or face the music. At the time, he didn't mince words: "The banks discriminate against conservatives, they discriminate against religion, because they're afraid of the radical left, I suspect,"
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Trump said in a White House statement. "We're going to get them. Nobody knows the banking industry better than me, and I’m not going to let them take advantage of you any longer."
So buckle up, folks. The president who turned "you're fired" into a national catchphrase is now aiming it at Wall Street's biggest player. Should be a fun couple of weeks.
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So buckle up, folks. The president who turned "you're fired" into a national catchphrase is now aiming it at Wall Street's biggest player. Should be a fun couple of weeks.
