The House Judiciary Committee is investigating Bank of America (BOA) over allegations that the bank "willfully" shared private financial information about its customers with the FBI.
Republican Representative Jim Jordan and his colleague Thomas Massie delivered a letter to Brian Moynihan, CEO of the bank, requesting more information on the cooperation between the bank and the federal agency. In the letter, Moynihan is informed that the deadline for turning over all records related to the case is June 8, and he is asked for his cooperation in the investigation.
It should be noted that the investigation comes after FBI whistleblowers Garrett O'Boyle and George Hill, the BOA's staff and the agency's Washington Field Office (WFO) testified before the committee that the BOA provided the agency's Washington Field Office (WFO) with a list of individuals who made transactions with their credit or debit cards between January 5 and January 7, 2021.
According to one of the whistleblowers, the bank voluntarily turned over that list and placed all those who purchased firearms at the top "without any directive" from the FBI.
🚨 Chairmen @Jim_Jordan and @RepThomasMassie launch investigation into Bank of America voluntarily sharing customers’ private financial data with the FBI.
Read the letter ⬇️ pic.twitter.com/dGVI6A49eQ
— House Judiciary GOP (@JudiciaryGOP) May 25, 2023
Another collaboration between the BOA and the FBI
This is not the first time that Bank of America has been singled out for providing the federal agency with personal information about its customers. In February 2021, renowned Fox News broadcaster Tucker Carlson claimed that the bank secretly gave private transaction records of its customers to the FBI to investigate them for "extremism" or domestic terrorism based on their purchases. According to reports, anyone shopping at gun stores was included on the list regardless of the type of product purchased.
