
News Wrap: Trump sues JPMorgan Chase, Jamie Dimon for $5B
Clip: 1/22/2026 | 5m 34sVideo has Closed Captions
News Wrap: Trump sues JPMorgan Chase and CEO Jamie Dimon for $5 billion
In our news wrap Thursday, Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon for $5 billion, saying the company closed his accounts for political reasons after he left office in 2021, the U.S. withdrew from the World Health Organization a year after Trump signed an order setting the exit in motion and "Sinners" broke the record for Oscar nominations with 16, including Best Picture.
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News Wrap: Trump sues JPMorgan Chase, Jamie Dimon for $5B
Clip: 1/22/2026 | 5m 34sVideo has Closed Captions
In our news wrap Thursday, Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon for $5 billion, saying the company closed his accounts for political reasons after he left office in 2021, the U.S. withdrew from the World Health Organization a year after Trump signed an order setting the exit in motion and "Sinners" broke the record for Oscar nominations with 16, including Best Picture.
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Learn Moreabout PBS online sponsorshipGEOFF BENNETT: In the day's other headlines:## President Trump is suing J.P.
Morgan Chase# and it.. saying the company closed his accounts for# political reasons after he left office in 2021.
The lawsuit alleges the decision, known as# debanking, abruptly cut the Trump Organization## off from access to millions of dollars and# disrupted its operations.
In a statement,## J.P.
Morgan said the suit lacks merit,# adding that the company does not close## accounts for political or religious reasons.# Trump and other conservatives have accused## banks of improperly cutting off their# accounts following the January 6 attack.
In Davos, Switzerland, earlier# today, President Trump met on the## sidelines of the World Economic Forum with# Ukrainian President Volodymyr Zelenskyy.
QUESTION: How was your meeting with President# Trump?
Mr.
Zelenskyy, how was the meeting?
VOLODYMYR ZELENSKYY, Ukrainian# President: The meeting was very... GEOFF BENNETT: Their meeting happened away .. the word good when describing the talks.# And in his address to the forum, Zelenskyy## cited progress on peace efforts and called on# Russia to come to the table to end the war.
VOLODYMYR ZELENSKYY: The documents# aimed at ending this war are nearly,## nearly ready.
Ukraine is working with full# honesty and determination.
And that brings## results.
And Russia must become ready too# to finish this war, to stop this aggression.
GEOFF BENNETT: Zelenskyy was also critical of# Europe's slow and disjointed response to the war## in Ukraine, comparing his repeated warnings of the# threat Russia poses to the film "Groundhog Day."
It comes as President Trump's envoys Steve# Witkoff and Jared Kushner are in Moscow,## where they met with Russian President Vladimir# Putin.
Meantime, on the ground in Ukraine,## the latest Russian strikes hit the Eastern city of# Dnipro, where at least seven people were injured.
Today marks America's official withdrawal# from the World Health Organization one year## after President Trump signed an executive# order setting the nation's exit in motion.## The pullout threatens to plunge the# WHO into an even deeper budget crisis,## with Washington long being the health# agency's biggest financial backer.
The U.S.
is also leaving behind a# $260 million bill in unpaid fees,## even as it's required by law to pay all# outstanding debts.
The State Department## today argued that: "The American people have# paid more than enough to this organization,## and this economic hit is beyond any# financial obligations to the organization."
In Australia, a gunman who shot and killed three# people and injured one more remains at large.
The## suspect shot two couples in two separate locations# in the small town of Cargelligo in New South## Wales.
Police say the shooting will have a lasting# impact on the town of only about 1,500 people.
ANDREW HOLLAND, Assistant Commissioner, New# South Wales Police: What I will say is that,## again, it's a tragedy that's taken# place in a very small country,## and it will have a big effect on the community.
GEOFF BENNETT: The latest shooting took place as# that country observed a national day of mourning## for the 15 victims of last month's massacre# during a Bondi Beach Hanukkah celebration.
At a service in Sydney's iconic Opera# House, attendees lit candles and## heard from the country's prime minister, who# apologized for failing to prevent the attack.
Here in the U.S., a closely watched reading on# inflation ticked higher.
The Commerce Department## said today that the Personal Consumption# Expenditures Price Index rose 2.8 percent in## November from a year earlier.
That's a bit# more than the month before, and above the Fed's## preferred target of 2 percent.
Today's report# was delayed by last year's government shutdown.
Meantime, on Wall Street today, stocks continued# their rebound as tariff concerns ease.
The Dow## Jones industrial average added around 275# points on the day.
The Nasdaq rose nearly## 200 points.
The S&P 500 has now recovered# much of its losses from earlier in the week.
And a blues-infused vampire# epic has made Oscar history.
MAN: "Sinners."
(CHEERING) WOMAN: Michael B. Jordan in "Sinners."
(CHEERING) WOMAN: And Ryan Coogler, "Sinners."
GEOFF BENNETT: The film "Sinners" is# nominated for a record 16 Academy Awards,## including best picture.
That# breaks the previous record of## 14 nominations set by "All About# Eve," "Titanic" and "La La Land."
The action-packed "One Battle After# Another," starring Leonardo DiCaprio,## trails just behind with 13 nods.
Both# films made the cut in a brand-new category,## best casting, alongside "Hamnet," "Marty Supreme,## and "The Secret Agent."
The 98th Academy# Awards ceremony will air on Sunday, March 15.
And longtime Vatican reporter, author and# friend of this program John Allen Jr.
has## died.
The Kansas native covered multiple popes# starting in 1997 first for The National Catholic## Reporter and later The Boston Globe.
Allen# was also a frequent "News Hour" contributor,## sharing his insights as recently as last year for# a report about the conclave that elected Pope Leo.
John Allen Jr.
passed away today after a# long battle with cancer.
He was 61 years old.
Still to come on the "News Hour": former special# counsel Jack Smith faces congressional scrutiny## over his investigations into President Trump; a# Texas jury acquits a former Uvalde police officer## for failing to act quickly enough during the# Robb Elementary School shooting; and we examine## the president's confrontational approach to the# U.S.
court system one year into his second term.
Filmmaker Jafar Panahi on 'It Was Just an Accident'
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Clip: 1/22/2026 | 6m 57s | Filmmaker Jafar Panahi on 'It Was Just an Accident' and challenging the Iranian government (6m 57s)
How Trump is challenging America’s judicial system
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Clip: 1/22/2026 | 6m 40s | How Trump is challenging America’s judicial system during his second term (6m 40s)
Jack Smith defends criminal investigations into Trump
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Clip: 1/22/2026 | 4m 29s | Jack Smith defends criminal investigations into Trump during House hearing (4m 29s)
A look at the impact of Trump's immigration crackdown
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Clip: 1/22/2026 | 12m 50s | One year in, a look at the impact of Trump's immigration crackdown (12m 50s)
Trump unveils vision to rebuild Gaza as seaside metropolis
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Clip: 1/22/2026 | 6m 42s | Trump unveils his vision to rebuild Gaza into a seaside metropolis (6m 42s)
Uvalde officer acquitted of failing to act during shooting
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Clip: 1/22/2026 | 5m 15s | Jury acquits Uvalde officer of failing to act during school shooting (5m 15s)
What to expect from the potentially devastating winter storm
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Clip: 1/22/2026 | 4m 37s | What to expect from the potentially devastating winter storm (4m 37s)
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