Key facts: Trump sues JPMorgan for $5B over account closures; Dimon warns of economic impacts
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Donald Trump has sued JPMorgan Chase and CEO Jamie Dimon for $5 billion, claiming account closures in April 2021 were politically motivated and violated Florida's unfair trade laws.1JPMorgan Chase CEO Jamie Dimon warned of possible economic impacts from President Trump's threats to limit interest rates on credit cards, highlighting challenges for major banks.2
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