Story perspectives
JPMorgan Fights Trump’s $5B Lawsuit, Claims Legal Immunity
2/20/2026
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Story summary
- JPMorgan Chase seeks to dismiss U.S. President Donald Trump's $5 billion lawsuit against the bank.
- The bank says Trump improperly included Jamie Dimon as a defendant to keep the case in state court.
- JPMorgan argues federal regulations exempt bank executives from such claims.
- JPMorgan denies the existence of a "blacklist" mentioned in the lawsuit.
- Trump's lawyers contend the bank's actions caused financial harm.
