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PBS News Hour - Segments

News Wrap: Trump sues JPMorgan Chase and CEO Jamie Dimon for $5 billion

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 22 January 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

In our news wrap Thursday, Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon for $5 billion, saying the company closed his accounts for political reasons after he left office in 2021, the U.S. withdrew from the World Health Organization a year after Trump signed an order setting the exit in motion and "Sinners" broke the record for Oscar nominations with 16, including Best Picture. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Transcript

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0:00.0

Today's other headlines, President Trump is suing J.P. Morgan Chase and its CEO, Jamie Diamond,

0:05.9

for $5 billion, saying the company closed his accounts for political reasons after he left office in 2021.

0:13.1

The lawsuit alleges the decision known as debanking abruptly cut the Trump organization off from

0:18.8

access to millions of dollars and disrupted its operations.

0:22.6

In a statement, J.P. Morgan said the suit lacks merit, adding that the company does not close accounts for political or religious reasons.

0:29.6

Trump and other conservatives have accused banks of improperly cutting off their accounts following the January 6th attack.

0:38.4

In Davos, Switzerland earlier today, President Trump met on the sidelines of the World Economic Forum

0:43.4

with Ukrainian President Vladimir Zelenskyy.

0:46.4

How was your meeting with President Trump, Mr. Zelensky? How is the meeting?

0:50.1

Their meeting happened away from the cameras, but afterwards both leaders used the word

0:54.6

good when describing the talks.

0:56.8

And in his address to the forum, Zelensky cited progress on peace efforts and called on Russia

1:01.5

to come to the table to end the war.

1:04.7

The documents aimed at ending this war are nearly, nearly ready.

1:10.9

Ukraine is working with full honesty and determination,

1:15.2

and that brings results.

1:17.1

And Russia must become ready to finish this war,

1:21.2

to stop this aggression.

1:23.5

Zelensky was also critical of Europe's slow

1:25.8

and disjointed response to the war in Ukraine,

1:28.4

comparing his repeated warnings of the threat Russia poses to the film Groundhog Day.

1:33.6

It comes as President Trump's envoys Steve Whitkoff and Jared Kushner are in Moscow,

...

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