In Trump v. Dimon, Years of Strain Culminate in $5B Suit

News January 23, 2026 at 02:12 PM
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What You Need To Know

  • Trump says Dimon personally locked him out of the U.S. financial industry after he left the White House in 2021.
  • The rules at issue are supposed to keep banks safe by pressing them to examine and potentially weed out clients who pose reputational risks.
  • The new lawsuit adds to the president’s recent break with Wall Street.

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