Federal Prosecutors Launch Investigation into Alleged ‘Debanking’ of Political Figures
Federal Scrutiny of Financial Institutions The U.S. Attorney’s Office in Washington, D.C., has issued subpoenas to major financial institutions, including JPMorgan Chase and Bank of America, as part of an expanding probe into the practice of “debanking,” according to people familiar with the matter. The investigation aims to determine whether these institutions have systematically closed…