JPMorgan Chase, the biggest bank on the block, just got a nastygram from Florida AG James Uthmeier—and it’s not a courtesy letter. Nope, it’s notice that they are now the subject of a full-blown investigation into whether the bank played dirty to help the Biden DOJ with its politically-charged witch hunt against then former President Donald Trump. JP Morgan is accused of helping the Biden DOJ in their fishing expedition to derail Trump Media, the Florida-based company behind Truth Social.
Let’s break it down: Biden’s special prosecutor, Jack Smith, subpoenaed JPMorgan in March 2023, asking for financial records on Trump Media—records that predate the company’s existence. You read that right. They wanted documents from *before* the company even existed. That’s not an investigation, that’s harassment with a government badge.
Now, Florida’s AG is asking the real questions: Why was Trump Media’s bank account mysteriously closed *right after* it completed a merger in March 2024? Why did JPMorgan start peppering Trump Media with oddball questions immediately after the DOJ’s subpoena? And why would a brand-new company be entangled in a January 6 investigation when it didn’t even exist back then?
JPMorgan says it was just “following the law,” but if so then why debank the Trump company? Devin Nunes, Trump Media’s CEO, nailed it: “We just became a public company in 2024… so why would Trump Media be subpoenaed at that time?” Good question, Devin.
AG Uthmeier isn’t playing games. He’s directed a full investigation into whether JPMorgan broke the laws by helping Biden’s DOJ target conservatives. And he’s made it crystal clear: Florida will protect its businesses from political hit jobs disguised as federal investigations.
Get more information on what AG Uthmeier alleged JP Morgan did to President Trump and TruthSocial for the Biden administration in the video.