Jim Jordan Subpoenas Bank of America over Giving Americans’ Bank Info to FBI After January 6Sean Moran 16 Nov 2023
House Judiciary Committee Chairman Jim Jordan (R-OH) on Thursday subpoenaed Bank of America (BoA) after the major banks shared American banking information to the FBI without legal process in Washington, DC, around January 6, 2021.
The Judiciary Committee said that BoA, voluntarily and without legal process, provided the FBI with a list of individuals who made transactions in the D.C. area using a BoA debit or credit card between January 5 and 7, 2021.
Steven Jensen, the FBI’s then-Section Chief of the Domestic Terrorism Operations Section, said he acted to “pull” the BoA information from FBI systems because the “leads lacked allegations of federal criminal conduct.”
The committee’s findings contradict the BoA claim that the information provided to the FBI went through a lawful process:
Contrary to these assertions, however, documents on file with the Committee and Select Subcommittee indicate that the FBI—not the U.S. Department of the Treasury—initiated contact directly to BoA, and without legal process. As a result, it is unclear what “legal” process permits the FBI or BoA to share the sensitive customer information of potentially thousands of BoA customers and implicate them in a federal law enforcement investigation without any clear criminal nexus. To that end, BoA’s letter claimed that certain federal laws—namely, the Anti-Money Laundering Act and the Bank Secrecy Act—permit such an arrangement. However, these laws and corresponding regulations primarily contemplate information-sharing with the U.S. Department of Treasury and its components, not external correspondence with the FBI.
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It should not be the case that federal law enforcement has carte blanche access to Americans’ financial information by deeming a transaction or class of transactions as “suspicious” or otherwise. For that reason, to inform such legislation, it is critical that the Committee understand the full extent of the information-sharing between BoA and the FBI, including review of BoA’s “filing” that it emailed to the FBI.
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https://www.breitbart.com/politics/2023/11/16/jim-jordan-subpoenas-bank-of-america-over-giving-americans-bank-info-to-fbi-after-january-6/
