Trump’s lawsuit against JPMorgan highlights rising tensions between Wall Street and Washington
- Posted on January 27, 2026
- By Business News Today
- 5 Views
Trump’s lawsuit against JPMorgan highlights rising tensions between Wall Street and Washington
President Trump's $5 billion lawsuit against JPMorgan Chase over alleged politically motivated account closures highlights the complex interplay between his administration's policies and the financial sector. While banks benefit from deregulation, they face uncertainty from proposed caps on credit card interest. Increased lobbying and cautious strategies are emerging as institutions navigate these challenges and opportunities.