Florida Attorney General James Uthmeier on Monday sent a letter to JPMorgan Chase Chairman/CEO Jamie Dimon (pictured above), demanding that he order the preservation of all documents and records related to the debanking of President Trump‘s media company that was launched in 2023, Trump Media & Technology Group Corp. (TMTG). Fox Business reports:
Uthmeier alleged JPMorgan Chase coordinated with then-Special Counsel Jack Smith during the Justice Department’s “Arctic Frost” operation, which led the financial behemoth to “de-bank” TMTG at a crucial point in its formative period…
“It is our understanding that TMTG established a banking relationship with JPMC in Florida, shortly after incorporating. On March 28, 2023, Biden’s Justice Department subpoenaed JPMC for “[a]ny and all records” of TMTG, including records covering a time period before TMTG existed,” he wrote.
After Biden’s “fishing expedition” began focusing on TMTG, Uthmeier said, JPMorgan Chase began questioning the company’s leadership about its transactions prior to its relationship with them.
“These inquiries, however, appear to be pretextual and unrelated to their stated purpose,” Uthmeier alleged.
“Immediately after TMTG closed a merger in March 2024, JPMC notified TMTG that it was closing its bank accounts,” he said, characterizing the timing as very suspect.
“This activity may implicate numerous Florida criminal and civil anti-fraud laws and de-banking prohibitions, as well as a breach of the basic, fundamental duties owed to your banking customers,” the letter went on.
Sam Brownback/PHOTO: US State Dept. (CC)
NLPC has called attention to allegations against JPMorgan Chase over its debanking practices against other political and religious conservatives, including former U.S. Ambassador for Religious Liberty, Sam Brownback. In 2023 we submitted a shareholder proposal to the company that asked for disclosure of instances in which the federal government asked the bank to close certain customers’ accounts. However, the Securities & Exchange Commission, under the Biden administration, allowed JPMorgan Chase to exclude the proposal from its proxy statement.
The same year we pointed out the outrageousness of JPMorgan Chase providing financial services to convicted pedophile Jeffrey Epstein long after his offenses were known, while at the same time shutting down the accounts of conservatives.
President Trump told CNBC earlier this year about his debanking by both JPMorgan Chase and Bank of America.
A copy of Uthmeier’s letter to Jamie Dimon can be viewed below.
Here is our preservation notice to JP Morgan Chase: https://t.co/SrQ0n8gOEF pic.twitter.com/1nfFuXE5Ow
— Attorney General James Uthmeier (@AGJamesUthmeier) November 10, 2025
