The House Judiciary Committee is investigating banks for sharing Americans’ financial information with the FBI without regard for privacy concerns. In fact, there’s no doubt about the threat to civil liberties posed by the government’s leverage over the financial industry; that’s long established. At question in this investigation is whether the danger to our freedom inherent in that cozy relationship is being wielded in political warfare between the country’s political factions. But the larger problem should be fixed no matter what lawmakers discover.
“Today, Chairman Jim Jordan (R-OH) subpoenaed Citibank for documents and communications related to the Judiciary Committee’s and Weaponization Select Subcommittee’s investigation into major banks sharing Americans’ private financial data with the Federal Bureau of Investigation (FBI) without legal process for transactions made in the Washington, D.C., area around Jan. 6, 2021,” the House Judiciary Committee announced August 17.
The subpoena followed June 12 queries to Citigroup, JPMorgan Chase & Company, PNC Financial Services, Truist, U.S. Bankcorp, and Wells Fargo after testimony by FBI whistleblowers that Bank of America voluntarily handed the FBI records on people who had used its services in the Washington, D.C. area around the time of the January 6 Capitol riot. “Individuals who had previously purchased a firearm with a BoA product were reportedly elevated to the top of the list,” according to a May report.
Hellbound and Down 