Florida Attorney General James Uthmeier.
Image: AFP
Bank JP Morgan was notified Monday by Florida Attorney General James Uthmeier that it was opening a probe due to its cooperation with a probe with the Biden administration’s Arctic Frost, in an exclusive by American publication the Daily Wire.
Uthmeier said in a letter to JP Morgan that he had “grave concerns” about things the bank did regarding Trump Media, which operates in Florida and runs President Donald Trump’s TRUTH Social.
“I write to express grave concerns about the explosive revelations regarding the Biden Administration’s pursuit of its political adversaries, and [JPMorgan Chase’s] ensuing actions in the shadow of this operation, codenamed ‘Arctic Frost,'” the letter obtained by the Daily Wire reads.
In the letter Uthmeier notes that the Biden DOJ subpoenaed JPMorgan on March 28, 2023. That subpoena called for any and all records of Trump Media Group including “records covering a time period before [Trump Media] existed,” the Florida attorney general noted.
“In addition to spying on Republican Senators,” the letter states, “the Biden Administration subpoenaed sensitive banking information from several Florida individuals, organizations, and business entities including Trump Media & Technology Group, a Florida corporation.”
Uthmeier suspects that JPMorgan Chase was providing sensitive banking information to the Department of Justice and Smith as part of the “malicious prosecutions” into the president, the attorney general told the Daily Wire. He also said the bank was “asking many questions of Trump Media, its client, questions seemingly unrelated to its business.”
“Arctic Frost” was an operation run under the Biden administration where Republican elected officials were spied on and the FBI had direct access to their locations and phone records.
Uthmeier said in his letter that besides spying on GOP senators, the administration subpoenaed banking information from many Florida institutions, such as Trump Media & Technology Group Corp.
A spokesperson for JP Morgan told the Daily Wire that the bank followed the law.
Daily Wire said JPMorgan alerted shareholders last week that it was “responding to requests from government authorities and other external parties regarding, among other things, the firm’s policies and processes and the provision of services to customers and potential customers,” an apparent reference to debanking. President Trump signed an executive order in August demanding that regulators look into “politicized or unlawful debanking” by the big banks.
"We follow the law in responding to subpoenas from the government and will continue to do so,” spokesperson Lauren Bianchi said.
She said that discrimination on banking is wrong and people shouldn’t lose their accounts due to broken policies.
“It’s not fair and it shouldn’t happen, and it’s great that this Administration is finally brining needed regulatory change we’ve been requesting for years,” she told the Daily Wire.
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