Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 21, 2026. (Krisztian Bocsi/Bloomberg via Getty Images)
(NEW YORK) — President Donald Trump on Thursday sued JPMorgan Chase and its CEO Jamie Dimon for $5 billion, alleging the bank closed his accounts for “political and social motivations,” according to a court filing.
The lawsuit says in early 2021 the bank notified Trump and his businesses that several of his accounts would close after decades at the bank. That came in the wake of the Jan. 6 attack on the Capitol.
In a statement to ABC News, JPMorgan said the suit has “no merit” and they will fight it in court.
This is a developing story. Please check back for updates
he Terrorism Containment Center (CECOT) maximum security prison in Tecoluca, El Salvador, on Thursday, Sept. 7, 2023. (Camilo Freedman/Bloomberg via Getty Images)
(WASHINGTON) –A federal appeals court on Tuesday halted a criminal contempt inquiry into former Homeland Security Secretary Kristi Noem and other officials for last year’s deportation of more than 200 Venezuelans to El Salvador’s CECOT mega-prison, marking the second time in less than a year that the probe has been frozen.
A divided panel of judges on the D.C. Circuit Court of Appeals ordered an end to the inquiry, concluding that the probe into whether the officials knowingly defied a court order with the deportations “encroaches on the autonomy” of the executive branch.
The Trump administration, in March 2025, invoked the Alien Enemies Act — an 18th century wartime authority used to remove noncitizens with little-to-no due process — to deport two planeloads of alleged migrant gang members by arguing that the Venezuelan gang Tren de Aragua is a “hybrid criminal state” that is invading the United States.
U.S. District Judge James Boasberg issued a temporary restraining order and ordered that the planes be turned around, but Justice Department attorneys said his oral instructions directing the flight to be returned were defective, and the deportations proceeded as planned.
Boasberg subsequently sought contempt proceedings against the government for deliberately defying his order, and had concluded that “probable cause exists to find the government in criminal contempt” — but his inquiry was frozen by the same appeals court last year.
When Boasberg attempted to continue with his probe within the confines of the court’s order, the Trump administration filed an interlocutory appeal to stop the investigation outright.
“The district court proposes to probe high-level Executive Branch deliberations about matters of national security and diplomacy,” Judge Neomi Rao, one of two Trump appointees on the panel who ruled in favor of the government, wrote in Tuesday’s order. “These proceedings are a clear abuse of discretion, as the district court’s order said nothing about transferring custody of the plaintiffs and therefore lacks the clarity to support criminal contempt based on the transfer of custody.”
Judge J. Michelle Childs dissented from the majority and argued that Boasberg should have the latitude to proceed with basic fact-finding into the deportations.
“There is no question that there could be much to fear in a factual inquiry about the actions of potential contemnors who may have defied a court order. However, that does not mean that this court must intervene to end a criminal case before it begins, even for the Executive Branch,” she wrote.
In a sharply worded dissent, she argued that “the fate of our democratic republic” depends on whether courts can properly investigate and punish contempt.
“Without the contempt power, the rule of law is an illusion, a theory that stands upon shifting sands,” she said.
Lee Gelernt, the lead counsel representing the Venezuelans, said in a statement, “The opinion is a blow to the rule of law. Our system is built on the executive branch, including the president, respecting court orders. In this case there is no longer any question that the Trump administration willfully violated the court’s order.”
The Venezuelan nationals were ultimately released to their home country from CECOT in a prisoner swap last July.
ABC News’ Armando Garcia contributed to this report.
A view of Hunter College of The City University of New York, April 10, 2017, in New York. (Drew Angerer/Getty Images)
(NEW YORK) — A New York City college professor has been placed on leave amid backlash over what the school called her “abhorrent remarks” during a public school district meeting.
Hunter College associate professor Allyson Friedman made the remarks during a NYC District 3 Community Education Council (CEC3) meeting earlier this month that she was virtually attending as a parent in the Manhattan district, the university confirmed.
While an unidentified eighth grade student spoke against the potential closing of her school, Friedman can be heard saying in a video of the meeting, “They’re just too dumb to know they’re in a bad school. … Apparently Martin Luther King said it. Like if you train a Black person well enough, they’ll know to use the back, you don’t have to tell them anymore.”
Friedman appeared to be referencing remarks made earlier in the meeting by District 3 interim acting superintendent Reginald Higgins, who had quoted the Black scholar Carter G. Woodson: “When you can control a man’s thinking, you do not have to send him to the back door, he will go without being told.”
During Friedman’s remarks, other attendees could be seen reacting in shock and someone interrupts her to say, “What you’re saying is absolutely hearable here, you’ve got to stop.”
riedman has apologized for her remarks, which she said were taken out of context during an accidental unmute and did not truly reflect her own views.
“During a recent online CEC3 meeting, I was trying to explain the concept of systemic racism to my child by referencing an example of an obviously racist trope,” Friedman said in a statement to ABC News. “Due to an inadvertent unmute, only part of that conversation was captured. My complete comments make clear these abhorrent views are not my own, nor were they directed at any student or group. I fully support these courageous students in their efforts to stop school closures. However, I recognize these comments caused harm and pain, while that was not my intent I do truly apologize.”
Hunter College said earlier this week that it is “reviewing the situation under the university’s applicable conduct and nondiscrimination policies.” On Wednesday, Hunter College President Nancy Cantor updated that Friedman, associate professor in the Department of Biological Sciences, has been placed on leave while the school investigates the incident.
“This painful incident unfolded at a meeting where Black History Month was being celebrated and the pernicious and enduring effects of anti-Black systemic racism were being discussed, especially with regard to the role of educational institutions in addressing them,” Cantor said in a statement. “Hunter has long embraced such a role, which requires constant vigilance to remain attentive and responsive to the ways in which we continually draw and redraw discriminatory social lines.”
ABC News has reached out to Friedman for comment on Thursday, following the update from Hunter.
CEC3 has condemned Friedman’s remarks as “racially offensive.”
“Regardless of intent, these comments were deeply harmful and wholly unacceptable,” CEC3 said in a draft statement. “That such remarks were made while a student was courageously offering public comment makes this incident even more troubling.”
New York City Public Schools Chancellor Kamar Samuels has also condemned her remarks, saying at an unrelated press briefing on Tuesday, “It was abhorrent to listen to. And our students deserve so much better.”
(CHICAGO) — An 18-year-old student at Loyola University in Chicago was shot and killed while walking with her friends near campus, authorities said.
The group was walking near Tobey Prinz Beach Park, less than 1 mile from the university’s Lake Shore campus, when an unknown male walked up to them at about 1:30 a.m. Thursday, Chicago police said.
The male showed a gun and opened fire toward the friends, police said.
The victim was shot in the head and died at the scene, police said, adding that no one else was injured.
Loyola University president Mark Reed identified the slain student as Sheridan Gorman.
“This is a tragic loss, and our hearts go out to Sheridan’s family, loved ones, and all who knew her,” Reed said in a statement.
Reed said the university is offering counseling services and is in touch with law enforcement.
“Based on the information available to us now, there is no ongoing threat to our campus community,” he said.
Gorman was also a “beloved” student at her former high school in Westchester County, New York.
“We are so deeply shattered by this tragic and senseless loss,” Yorktown Central School District Superintendent Ron Hattar said in a statement. “Sheridan was loved by all who knew her, and her impact on students and staff alike was profound. She was a shining light for so many people.”