JPMorgan Closed More Than 50 Trump Accounts in 2021 | RealClearPolitics

RealClearPolitics
by Elizabeth Weibel, Breitbart
February 22, 2026
AI-Generated Deep Dive Summary
JPMorgan Chase closed more than 50 accounts tied to Donald Trump in 2021, a decision that reflects broader shifts in the financial industry's approach to the former president. This move came amid heightened scrutiny of Trump's business dealings and his ongoing legal challenges, which have raised concerns among banks about potential risks associated with maintaining ties to him. The closure of these accounts is part of a larger trend where major金融机构 are reevaluating their relationships with high-profile political figures, particularly those embroiled in controversy. JPMorgan's decision was likely influenced by regulatory pressure, legal risks, and a desire to distance themselves from Trump's controversial rhetoric and actions. This shift has been evident across the financial sector, with other banks also scaling back or ending ties to Trump-linked entities. While the exact reasons for the account closures remain unclear, they highlight the delicate balance banks must strike between商业利益 and reputational risk. Trump, who has long relied on his financial connections, now faces new challenges in mobilizing resources for his political ambitions. The move also underscores how Trump's legal troubles and polarizing public image have made him a less attractive partner for major institutions.
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Originally published on RealClearPolitics on 2/22/2026