The weaponization of federal power has reached a new level.
In a shocking revelation, Special Counsel Jack Smith secretly subpoenaed J.P. Morgan Chase for the private banking records of Trump Media and Technology Group—despite the company not existing at the time of January 6.
The move, uncovered by Trump Media CEO Devin Nunes, represents yet another case of the Justice Department extending its political reach far beyond reason or legality.
Trump Media became a public company in 2024, years after the events that Smith’s investigation supposedly focused on.
Yet, Smith’s “Arctic Frost” operation went after Truth Social’s bank records as though it were somehow connected to the Capitol protests.
That alone raises the question: what possible justification could exist for subpoenaing a company that didn’t exist at the time of the alleged crime?
None—unless the motive was political.
As Nunes explained in his interview with Fox News host Maria Bartiromo, the subpoena was not only unjustified but also secret.
Trump Media was never notified. Even more concerning, J.P. Morgan Chase—one of the largest banks in the world—complied without question.
For a company headquartered in Florida, such cooperation with an unfounded federal demand may have violated both state and federal laws. Yet the bank went further.
At the height of Trump Media’s public offering in early 2024—just as Truth Social was preparing to go public and raise $250 million—J.P. Morgan abruptly “debanked” the company.
That decision, coming amid active cooperation with the Biden Department of Justice, effectively sabotaged a major free speech enterprise.
It was a clear act of corporate compliance with political intimidation.
J.P. Morgan later told Fox News that it does not close accounts for political reasons.
But Nunes’s account shows otherwise. The timing of the debanking, the secret subpoena, and the coordination with the Justice Department point to something far larger: a pattern of financial institutions doing the dirty work of partisan prosecutors.
This is not an isolated case. We now know that Smith’s team also reached into Verizon and AT&T for Republicans’ phone records—continuing the same playbook used during the Russia hoax that Nunes exposed seven years ago.
The message is clear: if you stand with Trump, your privacy, your finances, and even your company’s existence are fair game.
As investigations continue, Trump Media has vowed to pursue every legal avenue to expose who ordered the subpoenas, who approved them, and why one of America’s largest banks turned against a lawful company.
Free speech should never depend on which political party controls the Department of Justice.
WATCH: More on Jack Smith’s lawlessness in this week’s episode of The Patriot Perspective.
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