JP Morgan said it does not close accounts for political or religious reasons. (Photo: Reuters) US President Donald Trump has filed a lawsuit against JPMorgan Chase and its CEO Jamie Dimon seeking $5 billion in damages for allegedly debanking him in the wake of the January 6, 2021, riots at the Capitol Hill. Trump sues JP Morgan Chase Trump’s attorney Alejandro Brito filed the lawsuit Thursday morning in Florida state court in Miami on behalf of the president and several of his hospitality companies, a ‍Fox Business report said.“Despite claiming to hold these principles (the bank’s code of conduct) dear, JPMC violated them by unilaterally – and without warning or remedy – terminating several of Plaintiff’s bank accounts,” the lawsuit claimed. A sign outside the headquarters of JP Morgan Chase & Co in New York, September 19, 2013. (Photo: REUTERS/File) What JPMorgan said “While we regret President Trump has sued us, we believe the suit has no merit. We respect the President’s right to sue us and our right to defend ourselves,” JPMorgan said in …