Florida Attorney General James Uthmeier (R) said Monday his office has launched an investigation into JPMorgan Chase Bank for allegedly cooperating with the Biden administration ’s Arctic Frost investigation and targeting President Donald Trump’s media group through politically motivated “debanking” actions.

In a video announcement , Uthmeier said the state’s investigation follows “alarming revelations” that JPMorgan “coordinated with Jack Smith and the Department of Justice” in a “Biden administration operation that went after political enemies.” He added that the inquiry would examine whether the bank’s treatment of Trump Media & Technology Group, a Florida-based company that operates Truth Social, violated state consumer protection or anti-discrimination laws.

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