February 22, 2026 at 02:17AM
New documents show JPMorgan cut ties with Trump businesses
JPMorgan Chase has reportedly cut ties with Donald Trump and the Trump Organization, according to newly released documents. The bank did not specify any reasons for closing the accounts in letters dated February 19, 2021, addressed to Trump and the Trump Organization.
The disclosure comes amid ongoing scrutiny of financial relationships involving the former president’s businesses. The letters do not detail particular conduct or events that prompted the closures.
Industry observers note the lack of explicit rationale leaves room for interpretation regarding whether political, reputational, or risk concerns motivated the decision.