The U.S. Justice Department has subpoenaed several large U.S. banks, including JPMorgan and Bank of America, seeking records on whether banks improperly closed customer accounts for political reasons, the Wall Street Journal reports citing sources. The subpoenas were issued by the U.S. Attorney’s Office for the District of Columbia, led by Jeanine Pirro, and mark an escalation of a Trump-led probe into whether banks discriminated against conservatives and politically sensitive industries, includ

The U.S. Justice Department has subpoenaed several large U.S. banks, including JPMorgan and Bank of America, seeking records on whether banks improperly closed customer accounts for political reasons, the Wall Street Journal reports citing sources. The subpoenas were issued by the U.S. Attorney’s Office for the District of Columbia, led by Jeanine Pirro, and mark an escalation of a Trump-led probe into whether banks discriminated against conservatives and politically sensitive industries, including businesses linked to the Trump family. Trump has alleged JPMorgan and Bank of America closed his accounts after the Jan. 6 events; in August he signed an executive order directing bank regulators to investigate politically motivated de-banking and consider penalties.