Justice Department Issues Subpoenas to Banks Over Account Closures
The Justice Department has sent subpoenas to several major U.S. banks seeking records on whether customer accounts were closed for political reasons. The move follows reports of account terminations that some customers attributed to their political views.
bbc.co.ukThe Justice Department issued subpoenas to several of the largest U.S. banks requesting documents on account closures that may have been based on political considerations. The subpoenas seek internal communications, customer records, and any policies that could show whether political views influenced decisions to end banking relationships.
The requests cover multiple institutions and ask for data spanning recent years. Banks must provide details on the criteria used to close accounts and any communications with outside groups about those decisions. The Justice Department has not stated whether the subpoenas are part of a criminal investigation or a civil review.
Banks that received the subpoenas are required to respond within the deadlines set by the court orders. The department has not indicated when it expects to complete its review or whether additional subpoenas will follow.
