House Judiciary Commitee Chairman Jim Jordan (R-Ohio) is continuing his probe on how banks handled customer information around the time of the Jan. 6, 2021, attack on the Capitol by subpoenaing Bank of America on Thursday.
The Ohio Republican requested records connected to Bank of America’s information-sharing with the FBI.
“The Committee has received 223 pages of documents responsive to our original requests. However, to date, [Bank of America] has refused to provide the Committee and Select Subcommittee with the filing it turned over to the FBI,” Jordan wrote to the bank’s CEO Brian Moynihan.
Jordan and Rep. Thomas Massie (R-Ky.), chairman of the Subcommittee on the Administrative State, Regulatory Reform, and Antitrust, began their investigations into financial institutions in May this year.
In the letter to Bank of America, Jordan presented a screenshot of an email exchange between an FBI email and a bank employee, both redacted, saying that “you should have an email from … with our filling on the parameters you discussed with … last week.”
Bank of America has until Dec. 15 to provide communications and documents related to the financial records previously given to federal authorities. Those include transactions performed between Jan. 5 and Jan. 7, 2021, in the D.C. area.
“We followed all applicable laws in our interactions with the Trump Administration’s Treasury Department and law enforcement,” Bank of America told The Hill in a statement.
In the letter, Jordan added that the committee could consider changing consumer privacy laws.
Jordan’s subpoena follows his August Citibank request, which was intended “to determine the extent to which financial institutions, such as Citibank, have worked with the FBI to collect Americans’ financial data.”
The May investigation started after FBI whistleblower reports that Bank of America was “voluntarily” sharing the information.