JPMorgan CEO pushes back on crypto de-banking allegations

JPMorgan Chase CEO Jamie Dimon has denied that the bank has ever restricted services for clients based on their political affiliations. In an interview with Fox News, Dimon acknowledged that JPMorgan does engage in de-banking across both Democratic and Republican clients, but stressed that political affiliation is never the reason. He added that he personally dislikes the practice and supports the Trump administration's efforts to change the rules surrounding it. Dimon's remarks follow claims from several figures in the cryptocurrency industry, including Trump Media CEO Devin Nunes and Strike CEO Jack Mallers, who have alleged that JPMorgan de-banked them without prior explanation.