## Trump Claims Banks Rejected Him, Citing Discrimination
Here’s a quick rundown of President Trump’s recent claims about his banking experiences:
- Rejected by Big Banks: Trump stated that both JPMorgan Chase and Bank of America refused to provide him with banking services.
- JPMorgan Chase’s Ultimatum: He claimed JPMorgan Chase gave him 20 days to move “hundreds of millions of dollars” from his account.
- Bank of America’s Refusal: Trump said he was denied an account at Bank of America, even after offering to deposit over a billion dollars.
- Small Bank Solution: He stated he was forced to use smaller banks, spreading out his funds in smaller amounts.
- Discrimination Allegations: Trump believes the banks’ actions were discriminatory, potentially due to pressure from regulators during the Biden administration.
- Unclear Account Type: It’s not specified whether the accounts in question were personal or business-related.
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Source: https://www.cnbc.com/2025/08/05/trump-jpmorgan-chase-bank-of-america-rejected-bank-customer.html