Jim Jordan Issues Subpoena to Bank of America for Sharing Customers’ Private Financial Information with the FBI
Chairman Jim Jordan of the House Judiciary Committee and the Select Subcommittee on the Weaponization of the Federal Government has issued a subpoena to Bank of America (BoA).
The subpoena follows a series of communications between the congressional committee and the financial institution, with the committee demanding transparency over BoA’s data-sharing practices.
On Thursday, Jordan addressed a stern letter to BoA CEO Brian Moynihan, expressing the committee’s concerns and the inadequate response from the bank.
Documents from 2021 reveal that BoA voluntarily provided the FBI with details of individuals who transacted in the Washington, D.C., area from January 5-7, 2021. This action was taken without any legal mandate, prompting the committee’s inquiry into whether the bank collaborated with the FBI to collect data on American citizens outside of legal boundaries.
