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  1. A federal regulator reported in October 2026 that JPMorgan repeatedly turned away a conservative-leaning retailer and small firearms makers, and that its WePay payment unit closed accounts of Trump and conservative merchandise sellers and conservative religious groups in 2020 and 2021 after screening merchants for terms like "MAGA" and "America First." JPMorgan says its policies prohibit discrimination based on political or religious views.
  2. In 2025 JPMorgan added "political opinions" and "religious views" to the anti-discrimination language in its Code of Conduct in an agreement with Alliance Defending Freedom, left the Net-Zero Banking Alliance, dropped the "Diversity, equity and inclusion" section from its annual 10-K filing, and renamed its DEI program "DOI."
  3. JPMorgan's federal giving is close to even: OpenSecrets' organization total, which combines its employee-funded PAC, soft money and employees giving $200 or more, split 51.9 percent Republican and 48.1 percent Democratic in the 2024 cycle, after going 66.3 percent Democratic in the 2020 cycle. The company also gave about $1.03 million to Trump's 2025 inaugural committee and paid 2025 dues of $100,000 to the Republican State Leadership Committee and $28,000 to the Democratic Attorneys General Association.

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In February 2021, a payment company owned by JPMorgan Chase closed the account of a merchant selling merchandise promoting Donald Trump and the Make America Great Again brand. The company had decided the goods "promote[d] hate, violence, or racial intolerance."[1] That finding appeared in a federal regulator's report released October 14, 2026, nearly nine months after Trump himself sued JPMorgan and its chief executive, Jamie Dimon, for at least $5 billion over the closing of his own accounts in 2021.[2] JPMorgan Chase is the largest bank in the United States by assets, a New York firm with $4.4 trillion in assets and 318,512 employees at the end of 2025.[3][4] The bank says it serves nearly 90 million customers and small businesses.[5]

In This Article
  • JPMorgan's WePay closed a Trump merchandise seller in 2021, saying the goods promoted hate.
  • Trump is suing JPMorgan and Jamie Dimon for at least $5 billion over closed accounts.
  • JPMorgan added "political opinions" to its Code of Conduct in 2025 and renamed DEI "DOI."
  • OpenSecrets' combined JPMorgan giving went 51.9 percent Republican in the 2024 cycle.
  • JPMorgan gave about $1.03 million to Trump's 2025 inaugural committee.

Quick Take

JPMorgan spent 2025 and 2026 at the center of the national fight over "debanking," the practice of closing or refusing accounts for reasons critics call political. In March 2025 the bank added "religious views" and "political opinions" to the anti-discrimination language in its Code of Conduct, after talks with a conservative legal group that had filed a shareholder proposal.[6] On October 14, 2026, the Office of the Comptroller of the Currency (OCC), the federal regulator of national banks, reported that JPMorgan had turned away a conservative-leaning retailer and small firearms makers, and that its WePay unit had closed accounts of several political and religious merchants. No fines were announced.[7][1] The company's federal PAC (political action committee) is funded by employees and says it gives on a bipartisan basis, and the firm reported $4.38 million in federal lobbying for calendar year 2025.[8][9]

What the Regulator Found

The OCC report found that JPMorgan, like the other eight largest national banks it supervises, had policies between 2020 and September 2025 that could limit access to banking "because of their political or religious beliefs or lawful business activities." The review was ordered under President Trump's August 2025 executive order titled "Guaranteeing Fair Banking for All Americans." Comptroller Jonathan V. Gould said the report "provides irrefutable evidence that the nation's largest banks have denied, debanked and discriminated against customers and lawful businesses."[7] The OCC said it reviewed nearly 100,000 complaints made to the banks it regulates and about 420,000 pages of documents from the nine banks.[7]

The JPMorgan cases fall into two groups: decisions made by the bank itself, and account closings by WePay, a payment business it owned. The first JPMorgan example involved a retailer the OCC described as "politically conservative leaning." Between 2021 and 2023, the bank decided several times not to provide it commercial services after reputation risk staff flagged its "negative attention from people with differing/opposing values." Later, at a senior employee's direction, a junior employee edited the internal records. The removed phrases included "right-wing" and a note that the company "continues to promote and develop very tasteless, gun-centric videos."[1] JPMorgan said the records "were updated following subsequent reviews" and that "all versions were maintained in an audit file."[10]

Most of the report's JPMorgan examples came from WePay, a payment processor the bank bought in 2017.[11] WePay checked merchants' profiles, websites and transactions against a list of terms. The OCC said the list included terms "related to political or religious issues or groups, including certain terms added following the events of January 6, 2021," such as "MAGA," "America First" and "Make America Great."[12] The report found that "neither the bank nor WePay had formal or written standards" for judging whether a merchant promoted hate or violence. It noted the terms of service language appears to come from card network rules.[1]

The closings the OCC described ran from late 2020 through 2021:

  • December 2020: WePay closed the account of a conservative legal advocacy group for being "associated with a known hate group." Internal notes pointed to the Southern Poverty Law Center's "hate group" label.[1]
  • February 2021: WePay closed the Trump and MAGA merchandise seller. JPMorgan employees did not weigh in on the decision but were told the reason soon after.[1]
  • June 2021: WePay closed the account of what employees called a "[r]ight wing religious conservative non profit with strong anti LGBTQ rhetoric," after JPMorgan reputation risk staff recommended an exit. A later employee described the same group as "a conservative education and research organization" promoting "pro-life, pro-marriage and pro-family" values.[1]
  • July 2021: WePay closed an account raising money for a "devout Christian's" legal challenge to anti-discrimination laws. A second account opened in 2022 was closed six months later, a decision later reversed.[1]
  • September and November 2021: WePay closed a seller of "conservative/ republican t-shirts, hats, etc." and a merchant tied to a planned event. The event closing was later reversed. One reputation risk employee wrote that "[t]here is no set criteria" for deciding which words count as hate.[1]

Firearms appeared too. The OCC wrote that "JPMorgan repeatedly refused to extend certain banking services to small firearms manufacturers, citing little more than the prospective customer's status as a manufacturer of certain firearms." One was a small maker of ammunition components serving the Department of War and law enforcement. Another was an existing client denied card processing "due to the client being a firearms manufacturer."[1] A source told The Daily Wire that "these historical firm-wide prohibitions have been removed" and that client decisions are now made case by case.[13] The report also said JPMorgan made hundreds of millions of dollars in new financing for an overseas plant conditional on the customer adopting ESG (environmental, social and governance) practices.[1] The report's examples of left-leaning organizations being turned away for their politics came from a different bank, not JPMorgan.[1]

JPMorgan responded to the report. "Our policies prohibit discrimination against customers based on political or religious views," the bank said, adding that WePay's process "did not meet our expectations. We identified it, corrected it, and the business no longer operates."[11] The bank also called the cases "a limited number of historical interactions among the nearly 90 million customers and small businesses we serve."[5] It agreed with the administration that "years of regulatory scrutiny had fostered excessive caution across the industry."[14] Alliance Defending Freedom, a conservative legal group, has said Chase dropped a "social risk" policy at WePay by the end of 2023.[15] The report did not immediately bring fines or penalties.[16] The OCC said it is weighing further regulatory changes, and the Consumer Financial Protection Bureau announced the same day that it would investigate whether the banks named had broken consumer finance laws.[7][17]

Two days after the report, Dimon told Fox Business, "We don't debank people because of political or religious affiliations." He added, "The rules and requirements are so onerous, and it does cause people to be debanked."[18]

The President Versus the Bank

Trump's complaint against JPMorgan predates the report. In August 2025 he said the bank had refused his company's deposits and that he had appealed to Dimon directly. "You could ask him," Trump said. "Maybe he's not going to admit it." JPMorgan said it does not comment on clients and generally does not close accounts for political reasons.[19]

On January 22, 2026, Trump sued JPMorgan Chase and Dimon in state court in Miami-Dade County, Florida, seeking at least $5 billion. The suit says the bank closed his accounts in 2021, weeks after the January 6 Capitol attack, "as a result of political and social motivations." JPMorgan said the suit "has no merit" and that it "does not close accounts for political or religious reasons."[2]

In February 2026, in a court filing in the case, JPMorgan acknowledged in writing for the first time that it had closed accounts held by Trump and several of his businesses after January 6. Dan Wilkening, the bank's former chief administrative officer, wrote that in February 2021 the bank told Trump and his companies that certain accounts would be closed.[20] The bank's formal closing letters are dated February 19, 2021.[21]

The bank moved the case to federal court and asked to have it dismissed, arguing Trump named Dimon personally in order to keep the case in state court.[22] In March 2026 Dimon repeated that "the case has no merit," but added about debanking: "I agree with them. They have the right to be angry. I'd be angry, too."[23] On September 30, 2026, U.S. District Judge Kathleen Williams in Miami sent the case to Manhattan under the bank's customer agreements and denied Trump's bid to return it to Florida state court.[24][25] The case is now before U.S. District Judge Vernon S. Broderick in Manhattan.[25] In mid-October 2026, JPMorgan asked that court to dismiss the suit, calling the allegations "so bare that it is impossible to determine what JPMorgan allegedly stated, when, or to whom."[26] In that filing, the bank said one of Trump's personal accounts remains open and that several plaintiffs have since opened new accounts. It also said that, as far as it can tell, no "blacklist" like the one the complaint describes exists.[26] The case remains pending.

Rewriting the Code of Conduct

In March 2025, JPMorgan changed its Code of Conduct to say it does not tolerate discrimination "based on race, color, ethnicity, religion, religious affiliation, or religious views," and it added "political opinions" to the protected list.[6] The change came through an agreement with Alliance Defending Freedom, which withdrew a shareholder proposal it had filed for Bowyer Research. A JPMorgan spokesperson called the amendment "consistent with prior public statements."[6]

Alliance Defending Freedom framed the change as the end of a long campaign. It cited Chase's 2022 closing of an account held by the National Committee for Religious Freedom, a group led by former U.S. Ambassador Sam Brownback, and a 2023 letter from 19 state attorneys general asking for transparency. The group noted that Chase leaders, including Dimon, have said the bank has never closed accounts over political or religious views.[15]

The bank has disputed that account's story. In an October 2022 letter, Chase managing director Larry Thode told Brownback, "We don't discontinue client relationships because of a religious or political affiliation, and we didn't with your account." He wrote that information the group gave when opening the account triggered a request for more details, which the bank could not get in time before closing it, and apologized for that.[27]

The 2025 agreement followed earlier shareholder rounds. In May 2023, shareholders voted on a proposal from the Bahnsen Family Trust titled "Report on Ensuring Respect for Civil Liberties." It drew 2.29 percent of votes cast.[29] Alliance Defending Freedom said it targeted "politicized debanking," and the Securities and Exchange Commission (SEC) had refused JPMorgan's request to leave it off the ballot.[28] In May 2024, a conservative investor represented by Jerry Bowyer withdrew a similar resolution after the bank's WePay unit dropped a rule barring payments tied to "social risk issues," which it had defined to include "hate groups, systemic racism, sexual harassment and corporate culture." A bank spokesperson said it "would not close an account due to a client's political or religious affiliation."[30]

Following the Political Money

JPMorgan's corporate PAC is the JPMorgan Chase & Co. Federal Political Action Committee, registered with the Federal Election Commission (FEC) since 1978. In the 2026 election cycle, through August 31, 2026, the committee reported $1,144,003 in receipts and $1,295,000 in contributions to other committees.[31] The company says its PACs are "funded entirely by voluntary contributions from eligible employees." Contributions "are directed by GRPP on a bi-partisan basis and are not made to candidates running for U.S. president," GRPP being the firm's government relations office. The firm's policy generally bars corporate funds from going to candidates or political parties.[8] In choosing recipients, the firm says GRPP "prioritizes candidates who represent the communities we serve" and those who "have shown support for issues of importance to the Firm, including banking, financial services, economic growth." A board committee made up entirely of independent directors reviews the firm's political contribution policies, lobbying priorities and trade association memberships every year.[8]

OpenSecrets, a nonprofit that tracks federal campaign money, publishes a broader organization total. It adds the PAC, people who gave $200 or more and listed JPMorgan as their employer, and soft money, and it counts the company's affiliates. That total was $3,806,142 in the 2016 cycle, with 51.9 percent of the money given to either party going to Democrats and 48.1 percent to Republicans. In the 2020 cycle it was $5,942,014, with 66.3 percent to Democrats and 33.7 percent to Republicans. In the 2024 cycle it was $8,048,922, of which $3,034,695 went to Democrats and $3,272,615 to Republicans, a 48.1 to 51.9 percent split.[32] Individuals supplied most of the 2024 total, $5,058,900, while PACs supplied $1,308,000.[32]

The company's own annual disclosures show corporate money flowing to party-linked groups for state races. In 2025 it paid membership dues of $100,000 to the Republican State Leadership Committee, $28,000 to the Democratic Attorneys General Association, $25,600 to the Democratic Legislative Campaign Committee and $25,500 to the Republican Attorneys General Association.[9] In 2024 it gave $100,000 to an Oregon ballot campaign called "Defeat the Costly Tax on Sales," plus dues of $50,000 to the Republican State Leadership Committee and $26,500 each to the Republican and Democratic attorneys general associations.[33]

JPMorgan Chase also gave $1,033,057 to Trump's 2025 inaugural committee, according to the Brennan Center for Justice.[34] In November 2025, Dimon said the bank would not donate to Trump's White House ballroom project. "We have an issue, OK, which is anything we do, since we do a lot of contracts with governments," he told CNN, adding that the bank is "quite conscious of risks we bear by doing anything that looks like buying favors." He called giving to past presidential inaugurations "a normal thing that companies did."[35]

Lobbying is measured by calendar year, not by election cycle. JPMorgan reported federal lobbying spending of $3.31 million in 2023, $3.6 million in 2024 and $4.38 million in 2025. It also estimated that about $1.85 million of its 2024 trade association payments and about $1.99 million of its 2025 payments went to lobbying.[33][9]

The PAC has paused before. After the January 6, 2021, Capitol riot, JPMorgan halted PAC giving, with Dimon describing it as "taking a pause, a little bit of a deep breath, figuring out what we should change."[36] In June 2021 the bank resumed giving but kept a freeze on a "handful" of the 147 Republican lawmakers who voted against certifying the 2020 election results, through the 2021 to 2022 cycle.[37] At the May 19, 2026, annual meeting, 13.20 percent of votes cast supported a shareholder proposal on "lobbying alignment," and it failed.[38]

Dimon in His Own Words

Dimon has described his politics as mixed. "My heart is Democratic but my brain is kind of Republican," he told CNBC at the 2019 World Economic Forum.[39] In January 2024 he said Trump "wasn't wrong about some of these critical issues, and that's why they're voting for him," and urged Democrats to "be a little more thoughtful when they talk about 'MAGA.'"[40] Asked in January 2026 about government jobs, he said he "would take the call, consider it" if offered Treasury secretary, but put the chance of him chairing the Federal Reserve at "absolutely, positively no chance."[41]

He has also broken with Trump on policy. At the World Economic Forum in January 2026, Dimon called Trump's proposed 10 percent cap on credit card interest rates an "economic disaster" that "would remove credit from 80% of Americans," and said politicians should test it first in Vermont and Massachusetts.[42] That same month, the bank said it would match the federal government's $1,000 deposit into "Trump Accounts," new tax-advantaged savings accounts for children, for eligible U.S. employees' children born from 2025 through 2028.[43]

In April 2021, JPMorgan declined to sign a joint statement by hundreds of companies opposing new voting limits, despite a personal request to Dimon from senior Black business leaders. A spokesperson pointed to the bank's own statement the month before, in which Dimon said, "We believe voting must be accessible and equitable." Dimon had also said publicly that he supported Black Lives Matter.[44]

From DEI to DOI

JPMorgan's annual 10-K filing to the Securities and Exchange Commission shows a steady retreat from diversity language. The 10-K filed in February 2024 had a human capital subsection titled "Diversity, equity and inclusion." It described "global Diversity, Equity & Inclusion centers of excellence" and said "attracting talent with diverse backgrounds and perspectives is an important area of focus."[45]

The bank's largest race-focused program came earlier. In October 2020 it committed $30 billion over five years to what it called advancing racial equity, focused especially on Black and Latinx communities. "Systemic racism is a tragic part of America's history," Dimon said at the time.[46] In April 2024 the bank reported more than $30 billion in progress toward the goal and said the programs would become part of its regular business lines.[47]

The 10-K filed in February 2025 dropped that subsection. Its human capital headings became "Global workforce," "Workforce composition," "Attracting and retaining employees," "Developing employees" and "Compensation and benefits." The phrase "foster an inclusive work environment" remained, and the words "diversity" and "equity" did not appear in that section.[48] Yahoo Finance reported that the bank's annual report removed nearly all references to diversity, equity and inclusion, keeping one mention in a reputation risk discussion and its workforce breakdown by race, ethnicity and gender.[49]

In March 2025, an internal memo from Chief Operating Officer Jenn Piepszak renamed the bank's DEI program "DOI," for diversity, opportunity and inclusion. "The 'e' always meant equal opportunity to us, not equal outcomes," she wrote, adding that the bank does "not have illegal quotas or pay incentives." Employee resource groups were opened to all employees. Two months earlier, at Davos, Dimon had said "bring them on" to critics of the bank's programs.[50]

The 10-K filed February 13, 2026, kept the same structure and renamed the pay section "Rewarding and supporting employees." It still reports workforce makeup: 48 percent women, 22 percent Hispanic, 13 percent Black, 4 percent LGBTQ+ and 3 percent military veterans.[3]

Climate alliances followed a similar path. On January 7, 2025, JPMorgan said it "will no longer be a member" of the United Nations-backed Net-Zero Banking Alliance, the last of Wall Street's biggest banks to leave.[4] In March 2025, JPMorgan Asset Management said it was ending its membership in the Net Zero Asset Managers initiative.[51]

Guns, Oil and the Bond Market

JPMorgan's firearms stance has cost it public business before. Earlier in 2021, Dimon told a congressional committee the bank would not finance gun companies that make military-style weapons for consumers. When a Texas law took effect in September 2021 barring state and local governments from contracting with firms that "discriminate" against the firearms industry, JPMorgan said, "While our business practices should permit us to certify, the legal risk associated with this ambiguous law prevents us from bidding on most business right now."[52] In October 2021, a Louisiana bond commission paused a $700 million bond deal JPMorgan was set to underwrite after Attorney General Jeff Landry asked Dimon to clarify the bank's gun policy.[53] The OCC's 2026 report later documented the bank turning away small firearms makers.[1]

On oil and gas, Dimon has been blunt. At a September 2022 House hearing, Representative Rashida Tlaib asked whether the bank had a policy against funding new oil and gas projects. "Absolutely not, and that would be the road to hell for America," Dimon answered.[54]

In October 2025, JPMorgan launched a 10-year, $1.5 trillion "Security and Resiliency Initiative" covering defense and aerospace, critical minerals, energy independence and technologies such as artificial intelligence, with up to $10 billion in direct investment. Dimon said it was "painfully clear that the United States has allowed itself to become too reliant on unreliable sources" for critical goods.[55] At the 2026 annual meeting, shareholder proposals asking for a report on the "congruence of security, resiliency, and climate initiatives" and a "sustainability ROI report" drew 1.18 percent and 1.65 percent support.[38]

What JPMorgan Sells

JPMorgan Chase is a leading investment bank that also serves consumers, small businesses and commercial clients, processes payments and manages money for others.[56] Its Consumer and Community Banking unit, home of the Chase consumer brand, employs about 144,196 people. The Commercial and Investment Bank employs about 94,563, and Asset and Wealth Management about 29,722.[3]

For 2025 the firm reported net revenue of $182.4 billion and net income of $57.0 billion, compared with $177.6 billion and $58.5 billion in 2024.[57] Dimon's pay for 2025 was set at $43 million: a $1.5 million salary, $5 million in cash incentive and $36.5 million in performance share units.[58] Shareholders approved the pay plan with 92.35 percent of votes cast.[38]

From Water Company to Wall Street

JPMorgan traces its roots to April 2, 1799, when New York's legislature chartered the Manhattan Company to build a water system for New York City, at the urging of civic leaders including Aaron Burr and Alexander Hamilton, later famous rivals.[59] Burr had added a clause into the charter letting the directors start a bank with capital the water company did not need. That bank became the Bank of the Manhattan Company.[60]

In 2000, Chase Manhattan merged with J.P. Morgan & Co. to form today's company. Its family tree also includes Bank One, Bear Stearns, Washington Mutual and First Republic.[60] Dimon became chief executive on January 1, 2006, and chairman one year later.[56] The firm is headquartered at 270 Park Avenue in New York.[3]

Recent News

In November 2025, Trump called for an investigation of JPMorgan's ties to Jeffrey Epstein, along with Bill Clinton, Lawrence Summers and Reid Hoffman. A JPMorgan spokesperson said the bank regrets "any association we had with the man, but did not help him commit his heinous acts." The bank paid $290 million in 2023 to settle claims from women who said Epstein abused them.[61]

On October 13, 2026, JPMorgan reported third-quarter net income of $15.3 billion, up 6 percent from a year earlier, on net revenue of $50.2 billion.[62]

Where to Find Them

JPMorgan Chase is headquartered at 270 Park Avenue, New York.[3] Personal banking is at chase.com, and company information is at jpmorganchase.com.

Footnotes

[1] Office of the Comptroller of the Currency, "Guaranteeing Fair Banking for All Americans," October 14, 2026. https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-90a.pdf

[2] Maria Aspan, NPR, "Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged 'debanking'," January 22, 2026. https://www.npr.org/2026/01/22/nx-s1-5685151/trump-jpmorgan-chase-jamie-dimon-debanking

[3] JPMorgan Chase & Co., "Annual Report on Form 10-K for the fiscal year ended December 31, 2025," February 13, 2026. https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm

[4] Alastair Marsh and Saijel Kishan, Bloomberg Law, "JPMorgan Quits Climate Finance Group, Following Citi, BofA," January 7, 2025. https://news.bloomberglaw.com/esg/jpmorgan-quits-climate-finance-group-following-citi-bofa-1

[5] Tyler O'Neil, The Daily Signal, "4 Major Banks Used SPLC in Adverse Decisions Affecting Conservative, Christian Groups, Federal Review Finds," October 14, 2026. https://www.dailysignal.com/2026/10/14/4-major-banks-used-splc-in-adverse-decisions-affecting-conservative-christian-groups-federal-review-finds/

[6] David Spector, FOX Business, "JPMorgan Chase makes moves to prevent religious, political 'debanking'," March 10, 2025. https://www.foxbusiness.com/media/jp-morgan-chase-makes-moves-prevent-religious-political-debanking

[7] Office of the Comptroller of the Currency, News Release 2026-90, "OCC Releases Report on Large Banks' Debanking Activities," October 14, 2026. https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-90.html

[8] JPMorganChase, "Political Engagement and Public Policy," accessed October 15, 2026. https://jpmorganchase.com/about/governance/political-engagement-and-public-policy

[9] JPMorganChase, "2025 Political Engagement Report," accessed October 15, 2026. https://www.jpmorganchase.com/content/dam/jpmorganchase/documents/about/political-engagement-report-2025.pdf

[10] Jack McGeever, The Daily Caller, "Political Debanking Ran Rampant At America's Biggest Banks, Federal Probe Alleges," October 14, 2026. https://dailycaller.com/2026/10/14/federal-probe-uncovers-political-debanking-practices-across-americas-biggest-banks/

[11] Aimee Picchi, CBS News, "Top U.S. banks dropped customers over political and religious views, regulator says," October 14, 2026. https://www.cbsnews.com/news/debanking-top-us-banks-occ-report/

[12] R. Cort Kirkwood, The New American, "Comptroller Report: Banks Debanked Both Leftist and Conservative Customers for Political Beliefs," October 14, 2026. https://thenewamerican.com/us/comptroller-report-banks-debanked-both-leftist-and-conservative-customers-for-political-beliefs/

[13] Brecca Stoll, The Daily Wire, "Biden Administration Pushed Banks To Target Conservative And Religious Groups, Report Finds," October 14, 2026. https://www.dailywire.com/news/countless-maga-religious-groups-were-debanked-during-biden-administration-explosive-report-finds

[14] Courtenay Brown, Axios, "Top regulator says big banks rejected customers over politics," October 14, 2026. https://www.axios.com/2026/10/14/occ-banks-debanking-politics

[15] Alliance Defending Freedom, "Debanking to the dustbin: JPMorgan Chase enacts major policy change to prevent future discrimination," March 11, 2025. https://adflegal.org/press-release/debanking-to-the-dustbin-jpmorgan-chase-enacts-major-policy-change-to-prevent-future-discrimination/

[16] Jayujyoti Mullick, The American Bazaar, "OCC says nine largest US banks engaged in debanking practices," October 14, 2026. https://americanbazaaronline.com/2026/10/14/occ-report-nine-us-banks-debanking-490034/

[17] Consumer Financial Protection Bureau, "CFPB Announces New Initiative to Address OCC-Uncovered Debanking by Large Banks," October 14, 2026. https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-new-initiative-to-address-occ-uncovered-debanking-by-large-banks/

[18] Frizz Flake, Deseret News, "New report examines whether banks shut out customers over beliefs," October 16, 2026. https://www.deseret.com/politics/2026/10/16/new-occ-report-investigates-large-banks-debanking-activities/

[19] The New York Times via The Boston Globe, "Trump airs personal financial grievances before 'debanking' crackdown," August 5, 2025. https://www.bostonglobe.com/2025/08/05/business/trump-banks-discrimination-allegations

[20] Ken Sweet, Associated Press via Fortune, "JPMorgan admits for the first time it closed Trump's accounts after the Jan. 6 attack as lender fights his $5 billion 'debanking' lawsuit," February 21, 2026. https://fortune.com/2026/02/21/jpmorgan-trump-accounts-jan-6-capitol-attack-jamie-dimon-5-billion-debanking-lawsuit/

[21] Alexandra Koch, FOX Business, "JPMorgan admits closing Trump accounts after Jan 6 Capitol riot as $5B lawsuit alleges political 'debanking'," February 21, 2026. https://www.foxbusiness.com/money/jpmorgan-admits-closing-trump-affiliated-bank-accounts-jan-6-capitol-riot-amid-5b-lawsuit

[22] PYMNTS, "JPMorgan Chase Moves to Dismiss Trump Debanking Lawsuit," February 19, 2026. https://www.pymnts.com/legal/2026/jpmorgan-chase-moves-to-dismiss-trump-debanking-lawsuit/

[23] Marco Quiroz-Gutierrez, Fortune, "Jamie Dimon says Trump's $5 billion JPMorgan Chase lawsuit has 'no merit,' but admits he'd be angry about debanking too," March 3, 2026. https://fortune.com/2026/03/03/jamie-dimon-president-donald-trump-five-billion-dollar-lawsuit-jpmorgan-debanking-has-no-merit-politics-finance/

[24] Bob Van Voris, Bloomberg Law, "JPMorgan Gets Trump 'Debanking' Suit Moved to NY From Florida," September 30, 2026. https://news.bloomberglaw.com/banking-law/jpmorgan-gets-trump-debanking-suit-moved-to-ny-from-florida

[25] Justia Dockets, "Trump et al. v. JPMorgan Chase Bank, N.A. et al., No. 1:26-cv-08731 (S.D.N.Y.)," accessed October 17, 2026. https://dockets.justia.com/docket/new-york/nysdce/1:2026cv08731/674295

[26] Dan Ennis, Banking Dive, "Dive Deposits: JPMorgan denies Trump's 'bare' blacklist claim," October 15, 2026. https://www.bankingdive.com/news/jpmorgan-chase-wants-trump-lawsuit-tossed-blacklist-dimon-new-court/833118/

[27] Nupur Anand, Reuters via Yahoo Finance, "Exclusive-JPMorgan denied it closed account linked to former Kansas governor on religious grounds, letter shows," August 7, 2025. https://finance.yahoo.com/news/exclusive-jpmorgan-denied-closed-account-164842582.html

[28] Alliance Defending Freedom, "JPMorgan Chase loses SEC challenge, must allow shareholders to consider viewpoint diversity proposal," March 29, 2023. https://adflegal.org/press-release/jpmorgan-chase-loses-sec-challenge-must-allow-shareholders-consider-viewpoint

[29] JPMorgan Chase & Co., "Form 8-K, Item 5.07 Submission of Matters to a Vote of Security Holders," May 18, 2023. https://www.sec.gov/Archives/edgar/data/19617/000001961723000382/jpm-20230516.htm

[30] Ross Kerber, Reuters via Yahoo Finance, "Exclusive-Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'," May 21, 2024. https://finance.yahoo.com/news/exclusive-conservative-investor-pulls-jpmorgan-100217363.html

[31] Federal Election Commission, "JPMorgan Chase & Co. Federal Political Action Committee, C00104299," accessed October 15, 2026. https://www.fec.gov/data/committee/C00104299/

[32] OpenSecrets, "JPMorgan Chase & Co Profile: Totals," accessed October 15, 2026. https://www.opensecrets.org/orgs/jpmorgan-chase-co/totals?id=D000000103

[33] JPMorganChase, "2024 Political Engagement Report," accessed October 15, 2026. https://jpmorganchase.com/content/dam/jpmorganchase/documents/about/political-engagement-report-2024.pdf

[34] Brennan Center for Justice, "Political Donors Should Not Be Above the Law," September 12, 2025. https://www.brennancenter.org/our-work/analysis-opinion/political-donors-should-not-be-above-law

[35] Ryan Mancini, The Hill via AOL, "Dimon on JPMorgan Chase not donating to White House ballroom: 'We have an issue'," November 6, 2025. https://www.aol.com/news/dimon-jpmorgan-chase-not-donating-201400880.html

[36] Bloomberg via Infobae, "Jamie Dimon Says JPMorgan Paused PAC Giving to Rethink Its Donations," January 13, 2021. https://www.infobae.com/en/2021/01/13/jamie-dimon-says-jpmorgan-paused-pac-giving-to-rethink-its-donations/

[37] Pete Schroeder, Reuters via FOX Business, "JPMorgan resumes political giving, freezes out Republicans who contested 2020 election," June 4, 2021. https://www.foxbusiness.com/politics/jpmorgan-resumes-political-giving-freezes-out-republicans-who-contested-2020-election

[38] JPMorgan Chase & Co., "Form 8-K, Item 5.07 Submission of Matters to a Vote of Security Holders," May 21, 2026. https://www.sec.gov/Archives/edgar/data/19617/000001961726000228/jpm-20260519.htm

[39] CNBC, "Jamie Dimon's politics: 'My heart is Democratic but my brain is kind of Republican'," January 23, 2019. https://www.cnbc.com/2019/01/23/jamie-dimon-my-heart-is-democratic-but-my-brain-is-kind-of-republican.html

[40] Timothy H.J. Nerozzi, Fox News, "Jamie Dimon says Trump 'wasn't wrong' about critical issues, warns Biden campaign on MAGA label," January 17, 2024. https://www.foxnews.com/politics/jamie-dimon-trump-wasnt-wrong-critical-issues-issues-warns-biden-campaign-maga-label.amp

[41] Jacqueline Munis, Fortune, "'Absolutely, positively no chance, no way, no how, for any reason': Dimon says he'd never run the Fed but 'would take the call' to lead Treasury," January 16, 2026. https://fortune.com/2026/01/16/jamie-dimon-jpmorgan-ceo-federal-reserve-chair-powell-trump-treasury-secretary/

[42] Nathan Bomey, Axios, "Jamie Dimon rips Trump's credit card interest cap pitch: 'economic disaster'," January 21, 2026. https://www.axios.com/2026/01/21/trump-credit-card-jpmorgan-chase-dimon

[43] JPMorganChase via Business Wire, "JPMorganChase to Match U.S. Government's $1,000 Contribution to Trump Accounts for Employees' Children," January 28, 2026. https://www.businesswire.com/news/home/20260128170608/en/JPMorganChase-to-Match-U.S.-Governments-%25241000-Contribution-to-Trump-Accounts-for-Employees-Children

[44] The New York Times via The Boston Globe, "Hundreds of companies unite to oppose voting limits, but others abstain," April 14, 2021. https://www.bostonglobe.com/2021/04/14/business/hundreds-companies-unite-oppose-voting-limits-others-abstain

[45] JPMorgan Chase & Co., "Annual Report on Form 10-K for the fiscal year ended December 31, 2023," February 16, 2024. https://www.sec.gov/Archives/edgar/data/19617/000001961724000225/jpm-20231231.htm

[46] JPMorganChase, "JPMorgan Chase Commits $30 Billion to Advance Racial Equity," October 8, 2020. https://www.jpmorganchase.com/newsroom/press-releases/2020/jpmc-commits-30-billion-to-advance-racial-equity

[47] Ruth Umoh, Fortune, "JPMorgan says its $30B racial equity pledge is nearly complete and will become a permanent part of the bank's business," April 10, 2024. https://fortune.com/2024/04/10/jpmorgan-jamie-dimon-racial-equity-gap-30-billion/

[48] JPMorgan Chase & Co., "Annual Report on Form 10-K for the fiscal year ended December 31, 2024," February 14, 2025. https://www.sec.gov/Archives/edgar/data/19617/000001961725000270/jpm-20241231.htm

[49] David Hollerith, Yahoo Finance, "JPMorgan removes nearly all DEI references from its annual report," February 18, 2025. https://finance.yahoo.com/news/jpmorgan-removes-nearly-all-dei-references-from-its-annual-report-171439340.html

[50] Caroline Colvin, HR Dive, "JPMorgan trades DEI for 'DOI'," March 27, 2025. https://www.hrdive.com/news/jp-morgan-doi-dei-changes/743707/

[51] Lamar Johnson, Banking Dive, "JPMorgan rebrands DEI, leaves net-zero group," March 24, 2025. https://www.bankingdive.com/news/jpmorgan-chase-rebrands-dei-doi-leaves-net-zero-asset-managers-initiative/743337/

[52] Amanda Albright and Danielle Moran, Bloomberg News via The Wealth Advisor, "JPMorgan's Texas Muni Work Becomes Latest Culture War Fallout," October 1, 2021. https://www.thewealthadvisor.com/article/jpmorgans-texas-muni-work-becomes-latest-culture-war-fallout

[53] Bloomberg News via American Banker, "JPMorgan bond deal is paused by Louisiana over gun policy," October 22, 2021. https://www.americanbanker.com/articles/jpmorgan-bond-deal-is-paused-by-louisiana-over-gun-policy

[54] Kipp Jones, Mediaite, "Rashida Tlaib Calls on People to Close Their JPMorgan Accounts After CEO Says Divesting from Oil Would be 'Hell for America'," September 21, 2022. https://www.mediaite.com/media/tv/rashida-tlaib-calls-on-people-to-close-their-jpmorgan-accounts-after-ceo-says-divesting-from-oil-would-be-hell-for-america/

[55] Michelle Chapman, Associated Press via Fortune, "JPMorgan launches $1.5 trillion, 10-year plan to invest in U.S. national security, including up to $10 billion direct investment," October 13, 2025. https://fortune.com/2025/10/13/jpmorgan-national-security-up-to-10-billion-investment

[56] JPMorganChase, "Jamie Dimon," accessed October 15, 2026. https://jpmorganchase.com/about/leadership/jamie-dimon

[57] JPMorgan Chase & Co., "Full-Year 2025 Net Income of $57.0 Billion ($20.02 per Share)," Form 8-K Exhibit 99.1, January 13, 2026. https://jpmorganchaseco.gcs-web.com/static-files/5a032c6a-dc1b-4eb2-9421-3d6715220507

[58] JPMorgan Chase & Co., "2026 Proxy Statement," April 6, 2026. https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/proxy-statement2026.pdf

[59] Encyclopaedia Britannica, "The Chase Manhattan Corporation," August 25, 2026. https://www.britannica.com/print/article/107796

[60] JPMorganChase, "History," accessed October 15, 2026. https://www.jpmorganchase.com/about/our-history

[61] Reuters via GV Wire, "Trump Asks Justice Department To Probe Epstein Ties With Bill Clinton, Other Democrats," November 14, 2025. https://gvwire.com/?p=219936

[62] JPMorgan Chase & Co., "Earnings Release Financial Supplement, Third Quarter 2026," Form 8-K Exhibit 99.2, October 13, 2026. https://www.sec.gov/Archives/edgar/data/0000019617/000162828026065582/a3q26erfex992supplement.htm

Editorial Profile This profile is researched, written, and rated by RedRightBuyer's editorial team based on the cited sources above. The lean rating represents our editorial judgment of the company's political alignment. Companies may dispute or update their information at any time.

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