CURRENT EVENTS - JANUARY 2026

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Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged 'political' debanking

FIRST ON FOX: President Donald Trump is suing JPMorgan Chase and its CEO Jamie Dimon in a $5 billion lawsuit filed Thursday, accusing the financial institution of debanking him for political reasons.
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“… The president’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 JPMorgan Chase spokesperson told Fox News Digital Thursday, "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 - that’s what courts are for.

"JPMC does not close accounts for political or religious reasons," she continued, "We do close accounts because they create legal or regulatory risk for the company. We regret having to do so but often rules and regulatory expectations lead us to do so. We have been asking both this administration and prior administrations to change the rules and regulations that put us in this position, and we support the Administration's efforts to prevent the weaponization of the banking sector."

… Trump’s lawyer said Feb. 19, 2021, was the day that "forever altered the dynamic of the parties’ relationship," when the bank, allegedly "without warning or provocation," notified Trump and his entities that several bank accounts they controlled, were beneficiaries of, and actively used to transact "would be closed just two months later, on April 19, 2021."

… Trump’s attorney said they are "confident that JPMC’s unilateral decision came about as a result of political and social motivations, and JPMC’s unsubstantiated, ‘woke’ beliefs that it needed to distance itself from President Trump and his conservative political views."

"In essence, JPMC debanked plaintiff’s accounts because it believed that the political tide at the moment favored doing so," the lawsuit states. "In addition to the considerable financial and reputational harm that Plaintiffs and their affiliated entities suffered, JPMC’s reckless decision is leading a growing trend by financial institutions in the United States of America to cut off a consumer’s access to banking services if their political views contradict with those of the financial institution."…”
 

Trump budget office orders review of funds to Democratic-controlled states​

President Donald Trump said his administration would cut off federal resources to “sanctuary cities” on Feb. 1.


“…The White House Office of Management and Budget ordered all federal agencies except the Defense and Veterans Affairs departments to report every grant, loan, contract, subcontract and “other monetary awards” to a group of 14 states and Washington, D.C.

The memo, sent Monday with instructions to report back by Jan. 28, says the exercise is meantto “facilitate efforts to reduce the improper and fraudulent use of those funds through administrative means or legislative proposals to Congress.”

“This is a data-gathering exercise only,” the memo states later. “It does not involve withholding funds and therefore does not violate any court order.”…”
 
Icky Mettle said:
That’s a sad story. It’s a story of someone who evolved from being a down-to-earth, well-intentioned person who was uncertain about her future to that same person but with more ambition to a spineless opportunist to a grifter to a cultist.
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I don't think any of these people evolved. They are who they always were.
 
nycfan said:

Trump budget office orders review of funds to Democratic-controlled states​

President Donald Trump said his administration would cut off federal resources to “sanctuary cities” on Feb. 1.


“…The White House Office of Management and Budget ordered all federal agencies except the Defense and Veterans Affairs departments to report every grant, loan, contract, subcontract and “other monetary awards” to a group of 14 states and Washington, D.C.

The memo, sent Monday with instructions to report back by Jan. 28, says the exercise is meantto “facilitate efforts to reduce the improper and fraudulent use of those funds through administrative means or legislative proposals to Congress.”

“This is a data-gathering exercise only,” the memo states later. “It does not involve withholding funds and therefore does not violate any court order.”…”
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Remember this, Dems. Whatever they do must be done twice back, and only then will they stop the bullshit.

Meanwhile we should be working on a new constitution.
 
nycfan said:

Trump budget office orders review of funds to Democratic-controlled states​

President Donald Trump said his administration would cut off federal resources to “sanctuary cities” on Feb. 1.


“…The White House Office of Management and Budget ordered all federal agencies except the Defense and Veterans Affairs departments to report every grant, loan, contract, subcontract and “other monetary awards” to a group of 14 states and Washington, D.C.

The memo, sent Monday with instructions to report back by Jan. 28, says the exercise is meantto “facilitate efforts to reduce the improper and fraudulent use of those funds through administrative means or legislative proposals to Congress.”

“This is a data-gathering exercise only,” the memo states later. “It does not involve withholding funds and therefore does not violate any court order.”…”
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What’s going to happen at some point is there will be a natural disaster in California or some other blue state, and Trump will withhold funds/FEMA/all other efforts to help. Hell, we may see it after this weekend.
 
Willy said:
What’s going to happen at some point is there will be a natural disaster in California or some other blue state, and Trump will withhold funds/FEMA/all other efforts to help. Hell, we may see it after this weekend.
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Hasn't that already been happening in WNC for a year?
 
Geisterfahrer said:
Yeah that doesn’t sound like a Russian honey pot. At all.
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Yeah. A bit sus.

the accused perpetrator's name googles back to a tabloid reference to an MMA fighter. The name also hits on a hockey player, but that might be someone different.
 
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