Former U.S. President Donald Trump has announced his intention to sue JPMorgan Chase within the coming weeks, accusing the banking giant of "incorrectly and inappropriately debanking" him in the aftermath of the January 6, 2021, Capitol protest. Trump made this declaration via a post on his Truth Social platform, linking the alleged debanking to political motivations. He claims that the bank closed or restricted his accounts for reasons tied to the events of January 6th, which he continues to assert was a protest where "The Election was RIGGED!". Simultaneously, Trump used the announcement to vehemently deny a Wall Street Journal report which stated that he had offered JPMorgan CEO Jamie Dimon the position of Federal Reserve chair. Trump labeled the report "totally untrue" and criticized the newspaper for publishing it without seeking his comment. Dimon himself has reportedly clarified that "there was no job offer". This dual announcement reignites a long-standing tension between Trump and major financial institutions, with Trump having previously claimed that banks like JPMorgan and Bank of America discriminated against him by refusing deposits and closing accounts. JPMorgan Chase, however, has consistently denied engaging in politically motivated debanking. The bank has stated it does not close accounts based on political or religious beliefs, only acting when legally compelled or due to specific rules and requirements. While no formal lawsuit has been filed yet, Trump's public threat signals a potential legal battle that will draw significant attention, particularly given his ongoing presidential campaign and his past conflicts with the financial sector over perceived political bias. The incident underscores the contentious relationship between prominent political figures and corporate entities in the current climate.