Florida AG looks into JP Morgan, Arctic Frost following debanking of Trump media
Florida AG looks into JP Morgan, Arctic Frost following debanking of Trump media
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Florida AG looks into JP Morgan, Arctic Frost following debanking of Trump media

🕒︎ 2025-11-10

Copyright Baltimore News

Florida AG looks into JP Morgan, Arctic Frost following debanking of Trump media

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, first reported by 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. “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. "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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