According to Reuters, citing sources familiar with the matter, the U.S. Department of Justice has issued subpoenas to several major U.S. banks, including JPMorgan Chase, Bank of America, and Wells Fargo. The subpoenas request that the banks provide a list of individuals who are allegedly “debanked” (i.e., had their bank accounts canceled/removed from banking services) and explain in detail the underlying reasons for closing these accounts, to investigate whether financial institutions have improperly closed customers’ accounts for political reasons. The Wall Street Journal was the first to report on the subpoena incident. Currently, Bank of America and Wells Fargo have declined to comment, and JPMorgan Chase has not responded.