According to Reuters, citing sources familiar with the matter, the U.S. Department of Justice has issued subpoenas to several major American banks, including JPMorgan Chase, Bank of America, and Wells Fargo. The subpoenas request the banks to provide a list of individuals allegedly "debanked" and to explain in detail the underlying reasons for closing these accounts, in order to investigate whether financial institutions have improperly closed customer accounts for political reasons. The Wall Street Journal was the first to report on the subpoena event. Currently, Bank of America and Wells Fargo have declined to comment, and JPMorgan Chase has not responded.