US Justice Department subpoenas major banks over alleged 'debanking,' source says - Reuters

<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxNc3hhLVA2Mm1UWWtNelpHTE1yS0trN2t4UTk5UXVFNnRLLXhWaXl5VXMtVDRYNmdGcV9IVHNFeEVfNk56SDJPNXN0QVg5R1JKYTlQZm1Vcm1pcmM5NTBSYVFoTk9RUGxxaDZocDZ2Q3hrMzM5R1FxMXo1SE9MeTRLLVFHaWduMWE1ZmpEREJ6akhRZVY3MmtpQnRzd1FCOVpxZkVFRGpuWlA4aW5TbmtteW52c3J2YmVURFVtcWJUM0tmRmc5Qm8tajJ2RQ?oc=5" target="_blank">US Justice Department subpoenas major banks over alleged 'debanking,' source says</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

The U.S. Justice Department has issued subpoenas to major banks, including JPMorgan Chase and Bank of America, seeking information on whether they improperly closed customer accounts for political reasons.

Federal prosecutors are investigating whether some of Wall Street’s biggest lenders illegally dropped customers for political reasons, with subpoenas issued to banks including JPMorgan Chase & Co. and Bank of America Corp.

The U.S. Justice Department has issued subpoenas to major banks, including JPMorgan Chase and Bank of America, seeking information on whether they improperly closed customer accounts for political reasons.

The U.S. Justice Department is investigating major banks such as JPMorgan Chase and Bank of America for allegedly closing customer accounts for political reasons. Wells Fargo has also been contacted. This investigation follows President Trump's order against unfair financial service practices.

The Department of Justice has sent subpoenas to several major U.S. banks, including Bank of America and J.P. Morgan, for information on allegedly politically motivated account closures, known as 'debanking'.