This story was originally published by the WND News Center.
PALM BEACH, Florida – As JPMorgan Chase Bank is under investigation by the state of Florida for alleged coordination with the Biden Department of Justice and Operation Arctic Frost, the chairman of the company is admitting to debanking certain customers, but says it has nothing to do with their political or religious affiliations.
"We do debank them," said JPMorgan Chase CEO Jamie Dimon who appeared on "Sunday Morning Futures" with Maria Bartiromo on the Fox News Channel.
"People have to grow up here and stop making up things and stuff like that. I can't talk about an individual account.
"We do not debank people for religious or political affiliations. We do debank them. They have religious and political affiliations. We debank people who are Democrats, we debank people who are Republicans, we debank religious folks. Never was that for that reason."Dimon was responding to comments last month from Trump Media CEO Devin Nunes who said his company was debanked by JPMorgan Chase.
"When the Arctic Frost went after our bank records at Trump Media, that's inexplicable because we didn't exist," Nunes told Bartiromo on Nov. 9. "So what reason did they have to go after us? And I've seen Jamie Dimon and others at JPMorgan say this over and over again that they don't debank people for political reasons. Well, then why the hell did you debank Trump Media?"
Dimon on Sunday explained: "I don't like debanking people. We live under very strict rules and regulations and requirements. And to protect the country and we have to report things to the government. We're required to report things to the government. I can't even tell you when we do it."
He said he wants to change the rules by which banks are currently bound.
"I actually applaud the Trump administration which is tying to say the debanking's bad, and let's change the rules. Well, damn it, I've been asking to change the rules now for 15 years. So change the rules!" Dimon exclaimed.
"And that's why a lot of this stuff takes place. It is really customer unfriendly. We're debanking people 'cause of suspected things or negative media or all of these various things."
He continued: "We don't give information to the government just because they ask. We're subpoenaed. We're required by court to give it to the government. And I've been following subpoenas with this administration, the last administration, the administration before that and the one before that. And I don't agree with a lot of it. The government does a lot of things that get angry with banks."
"Let's just take a deep breath and fix the problems as opposed to blame someone who's put in that position."
"I would tell the government, 'If we see something that might possibly be bad, we'll report it to you, and you decide.' Why do we have to decide? That's the position we're put in."
When asked if corporate America was being asked to do the government's dirty work, Dimon replied: "Democratic, Republican governments have come after us both. So let's not act like this is just one side doing this."
"This has been going for a long time. And we should stop militarizing the government in that kind of way."
Last month, Florida Attorney General James Uthmeier announced the launch of an official investigation into JPMorgan Chase Bank in connection with Operation Arctic Frost, as the Biden administration sought phone records of political enemies.
"It's come to our attention that JPMorgan debanked Trump Media Group, a Florida-based company, right before the business went public," Uthmeier said. "This is a crucial time for any company, a time where you cannot afford to lose your bank."
Uthmeier also claimed JPMorgan sought large amounts of information from Trump Media unrelated to its business practices and may have shared sensitive data with Biden's DOJ without probable cause.
"This is wrong. We will not tolerate it, and we will hold them accountable," he added.
"Here in Florida, we've passed legislation to protect our consumers from wrongful debanking, and we will stand by our consumers," he said.
As WorldNetDaily reported in January, Congress is now investigating the debanking of Americans who hold conservative political views.
House Oversight Committee Chairman James Comer, R-Ky, wondered at the time: "Are these bank examiners with a wink and a nod saying don't let this person bank at your bank?"
