JPMorgan Chase CEO Jamie Dimon appeared defensive during a tense interview on Fox News’ Sunday Morning Futures, where he was confronted by host Maria Bartiromo about explosive allegations that his megabank “debanked” Trump Media & Technology Group (TMTG) while cooperating with Special Counsel Jack Smith and Biden’s Department of Justice in a covert surveillance dragnet known as Operation Arctic Frost.
Special Counsel Jack Smith’s office issued a subpoena to JPMorgan Chase for the bank records of Trump Media & Technology Group (TMTG) and other Trump-linked entities.
The bank, in turn, has stated it is legally obligated to comply with all government subpoenas and did not provide information voluntarily.
The subpoena from the Special Counsel’s office was for a broad range of records related to more than 400 individuals and organizations linked to President Trump.
Devin Nunes, CEO of Trump Media (which operates Truth Social), criticized the subpoena as a “stunning abuse of power”.
He claimed the bank “de-banked” the company and provided sensitive information to the Department of Justice without probable cause.
The subpoena for TMTG records was reportedly issued in March 2023, a period during which TMTG claims it did not even exist as an entity for the events Smith was investigating.
House Republicans, including Rep. Jim Jordan, are now investigating the Special Counsel’s actions and have requested communications from major banks, including JPMorgan Chase, related to these requests for financial data.
In November, Florida Attorney General James Uthmeier launched a formal investigation into JPMorgan following accusations that the Wall Street giant coordinated with Special Counsel Jack Smith under a covert initiative known as Operation Arctic Frost.
President Trump himself revealed in an August CNBC interview that Bank of America and JPMorgan rejected him as a customer outright when he attempted to deposit over one billion dollars of his own money after leaving office.
During the interview, Bartiromo pressed Dimon on sworn claims by former Congressman Devin Nunes — now CEO of Trump Media, that JPMorgan surrendered TMTG’s financial records to Jack Smith’s office without notifying the company.
Dimon refused to deny the allegation. Instead, he became visibly irritated and snapped at Bartiromo.
Maria Bartiromo:
Did you send over the bank records of Devin Nunes or Trump supporters to the special counsel when he wanted that information?
Jamie Dimon:
People have to grow up here, okay, and stop making up things and stuff like that. I can’t talk about an individual account. We do not debank people because of their 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 different religious folks—never for that reason. That’s number one.
Number two is, I don’t like debanking people. We live under very strict rules and regulations and requirements 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, because I’m not going to tell you that either.
I want to change these rules. I actually applaud the Trump administration, which is trying to say that debanking is bad and we should change the rules.
Well, damn it, I’ve been asking to change the rules now for 15 years. Change the rules. That’s the way a lot of this stuff takes place. It is really customer-unfriendly. We’re debanking people because of suspected things or negative media or all these various things.
The last thing—which is really important—we don’t give information to the government just because they ask. We’re subpoenaed. We are required by court order to give it to the government.
I’ve been following subpoenas with this administration, the last administration, the administration before that, and the one before that. I don’t agree with a lot of it. The government does a lot of things that get banks angry.
Let’s just take a deep breath and fix the problems as opposed to blaming someone who’s put in that position. We’ve been quite clear about this.
We’ve given recommendations to the government about how they can fix it—how we can change the rules and regulations to dramatically reduce reporting and debanking and things like that.
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 are put in.
Maria Bartiromo:
As someone who has covered global business for so many years and now covers politics as well as policy so closely, I have a problem with the special counsel taking advantage of corporate America—using corporate America to do their dirty work.
Because it wasn’t just the banks; it was also the telecom companies. Don’t forget, they sent subpoenas to Verizon and AT&T to get phone records of Trump supporters. I mean, a political witch hunt. That’s why I think our viewers want to understand how this happens.
Jamie Dimon:
Yeah, that is not me. That’s your courts and government and stuff like that. But the government—Democratic and Republican governments—have come after us both. So let’s not act like this is just one side doing this. This has been going on for a long time. We should stop militarizing the government that way.
MUST WATCH
Maria Bartiromo grills JPMorgan Chase Chairman and CEO Jamie Dimon on handing over financial records to Jack Smith and debanking Trump Media.
“People have to grow up here,” says Dimon. pic.twitter.com/RWaxEJe7wU
— Breanna Morello (@BreannaMorello) December 7, 2025
The post DISGRACE: JPMorgan CEO Jamie Dimon Shrugs Off Maria Bartiromo’s Questions on Debanking Trump Media and Handing Over Records to Jack Smith: “People Have to Grow Up Here” appeared first on The Gateway Pundit.