JPMorgan CEO Jamie Dimon hits back at Trump Media claims over subpoenas

JPMorgan Chase CEO Jamie Dimon is hitting again at critics who say the financial institution willingly cooperated with the particular counsel’s investigation into President Donald Trump’s allies — insisting these claims are baseless and taking goal at these pressuring them.

In an unique interview with FOX Enterprise’ Maria Bartiromo that aired Monday, Dimon stated folks have to “develop up” and cease “making issues up,” arguing that the financial institution solely turns over knowledge when legally pressured to take action by a court docket subpoena — and never for political causes.

“Individuals have to develop up right here, okay? And cease making issues up and stuff like that. I can not discuss a person account. We do not debank folks’s non secular or political preferences,” Dimon claimed.

“We have now defunded people who find themselves Democrats, their banking privileges. We have now defunded people who find themselves Republicans, their banking privileges. We have now debanked a number of non secular folks, nevertheless it has by no means occurred for that purpose.”

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Dimon was responding to Trump Media & Expertise Group CEO Devin Nunes, who claimed in an interview with Bartiromo in November that Chase had been subpoenaed by former particular counsel Jack Smith as a part of his election-related investigations into Trump.

Jamie Dimon, CEO of JPMorgan Chase & Co., throughout a ribbon-cutting ceremony at JPMorgan Chase & Co.’s world headquarters. in New York, on Tuesday, October 21, 2025. (Getty Photographs)

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Smith repeatedly stood by his work as particular counsel, together with him two criminal cases were filed towards Trump – one associated to the 2020 election and one other associated to the alleged retention of categorized paperwork. After Trump’s 2024 election victory, Smith dropped each instances, citing a Justice Division coverage that usually discourages prosecution of a sitting president.

“I’ve seen Jamie Dimon and others at JPMorgan say over and over that they do not debank folks for political causes. Effectively, why the hell did you financial institution Trump Media?” Nunes stated this earlier on ‘Sunday Morning Futures’.

“We dwell underneath very strict guidelines, laws and necessities and to guard the nation we’ve to report issues to the federal government. We’re required to report this to the federal government. I can not even let you know after we do it,” Dimon fired again.

“I truly applaud the Trump administration for attempting to say that de-banking is dangerous, and that we have to change the foundations. Hell, I have been asking for the foundations to be modified for fifteen years now. So change the foundations,” he stated.

“We do not give data to the federal government simply because they ask for it. We’re subpoenaed. We’re required by the court docket to present it to the federal government. And I’ve adopted subpoenas on this administration, the final administration, the administration earlier than that, and the one earlier than that… So let’s take a deep breath and resolve the issues, as an alternative of blaming anybody who has been put in that place.”

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The answer proposed by Dimon consists of banks themselves reporting to the federal government if knowledge or knowledge seems suspicious: “we report it to you, and also you resolve.”

“Why do we’ve to resolve?” he requested. “Democratic and Republican administrations are after us each. So let’s not faux that this is only one occasion doing this. This has been occurring for a very long time, and we have to cease militarizing the federal government on this manner.”

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Fox Information’ Ashley Oliver contributed to this report.