🗞️JPMorgan sued by Trump

In partnership with

Please note due to staffing and maintenance we will be off tomorrow, we’ll see you in your inbox on Monday the 26th!

January 22nd, 2026

What happened today 🇺🇸,

• President Trump filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon alleging the bank terminated his personal and business accounts in February 2021, shortly after January 6th, for political reasons…JPMorgan denies the claims, calling the suit meritless and stating it does not close accounts based on politics

• The U.S. and China have officially agreed to allow ByteDance to sell TikTok’s U.S. business to a consortium led by Oracle and Silver Lake, made up mostly of American investors, effectively greenlighting an American-controlled spinoff

• The Wall Street Journal reported that the Trump administration is actively seeking regime change in Cuba by the end of the year by finding insiders within the Cuban government willing to negotiate the end of Communist rule

• A Minnesota federal magistrate judge refused to approve Justice Department charges against Don Lemon for his involvement in an anti-ICE protest that disrupted a church service, citing First Amendment protections

• The Financial Times reported that SpaceX has selected Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley to lead its anticipated 2026 initial public offering

• Apple’s CEO, Tim Cook, is not expected to step down as CEO any time soon

• Blue Origin announced a new satellite internet network targeting enterprise, data center, and government customers called TeraWave, featuring 5,280 low-Earth orbit satellites and 128 medium-Earth orbit satellites for ultra-high-speed global connectivity in hard-to-reach areas

• The U.S. economy grew by a 4.4% annualized rate in Q3 2025 (July-September), surpassing economists expectations of 3.3%

• PCE inflation came in at 0.2% month over month and 2.8% year over year in November for both headline and core measures, matching economist forecasts

• The prices of gold and silver both hit all-time highs again today, with gold reaching $4,900/oz and silver getting to $96/oz

• DOW up .63% / S&P up .55%

• Ukrainian President Zelenskyy criticized Europe as "lost" and trapped in a "Groundhog Day" of inaction, urging it to stop trying to "change" President Trump and instead build its own defense capabilities…read more here

Earn Your Certificate in Real Estate Investing from Wharton Online

The Wharton Online + Wall Street Prep Real Estate Investing & Analysis Certificate Program is an immersive 8-week experience that gives you the same training used inside the world’s leading real estate investment firms.

• Analyze, underwrite, and evaluate real estate deals through real case studies

• Learn directly from industry leaders at firms like Blackstone, KKR, Ares, and more

• Earn a certificate from a top business school and join a 5,000+ graduate network

Use code SAVE300 at checkout to save $300 on tuition.

Program starts February 9.

Get the Brochure

Bonus: A look at the world’s leading reserve currencies

Please follow The Simple American on X @TSimpleAmerican x.com/Tsimpleamerican

Follow us on TikTok @simpleamerican

Quote of the day: “May your choices reflect your hopes, not your fears.” – Nelson Mandela

Have a great night!

P.S. We love connecting with our readers so…

Please reply to this newsletter for more info on any news points in the letter, feel free to give us any feedback you have, or let us know what you want more of!