House Judiciary Committee Chairman Jim Jordan of Ohio and subcommittee on the Administrative State, Regulatory Reform and Antitrust Chairman Thomas Massie of Kentucky sent letters to Citigroup, JPMorgan Chase & Company, PNC Financial Services, Truist, U.S. Bancorp and Wells Fargo. They want to know whether, or to what extent, the firms voluntarily worked with the FBI to collect Americans’ private data.
Mr. Jordan and Mr. Massie told the financial giants that the committee is evaluating whether additional banking institutions similarly provided federal law enforcement with private customer data without any legal process. Mr. Hill also testified that the list BoA provided had targeted transactions in Washington, D.C. and the surrounding area.
The lawmakers told the banks, “We find this testimony alarming. According to veteran FBI employees, without any legal process, a major financial institution provided the private financial information of Americans to the most powerful law enforcement entity in the country,” Mr. Massie and Mr. Jordan wrote.
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