‘Hundreds of millions in cash’: Donald Trump says JPMorgan, Bank of America rejected him as a customer; ‘banks discriminated...’

Aug 5, 2025 - 23:30
‘Hundreds of millions in cash’: Donald Trump says JPMorgan, Bank of America rejected him as a customer; ‘banks discriminated...’

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US President Donald Trump revealed that JPMorgan Chase and Bank of America have in the past refused him as a client, forcing him to use smaller banks. Trump stated JPMorgan Chase gave him a 20-day notice to move "hundreds of millions of dollars," and Bank of America subsequently declined his attempt to deposit over a billion dollars.

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