WASHINGTON, D.C. A newly published compilation of subpoenas shows that former Special Counsel Jack Smith issued 197 separate legal demands in connection with the so-called Arctic Frost investigation – covering records for more than 430 Republican-linked individuals and organizations. At the same time, Trump Media & Technology Group Corp. (TMTG) says it discovered its bank records were subpoenaed by the same probe, despite the company not existing during many of the events under investigation.
The disclosure, made public by the United States Senate Committee on the Judiciary (Republican majority) on October 29, 2025, reveals that 34 individuals and 163 businesses received subpoenas in connection with Arctic Frost – an investigation that preceded Smith’s criminal case against former President Donald J. Trump relating to the 2020 election.
According to the committee’s release, the subpoenas sought testimony, communications and financial records from a broad range of entities including banks, media companies, and organizations linked to conservative causes.
On the same day, TMTG issued a statement via CEO and Chairman Devin Nunes asserting the company learned its banking records at J.P. Morgan Chase & Co. had been subpoenaed – even though the company says it did not exist during the timeframe of the events being investigated. The company called the subpoena “stunning abuse of power” and said it intends to inquire what the U.S. Securities and Exchange Commission (SEC) and JPMorgan knew about the request.
The newly released materials show that major telecommunications carriers including Verizon Communications Inc. and AT&T Inc. received subpoenas for toll-record data tied to certain members of Congress during the investigation. In one case, Verizon complied, AT&T did not. The subpoenas sought metadata (call logs, not content) for a four-day period in January 2021.
Republican senators have labeled the investigation a politicized “enemies list,” with concerns that the investigative tools of the Department of Justice (DOJ) and FBI were used to target political opponents. The senators are calling for further oversight, including the public testimony of Jack Smith and full access to DOJ and FBI records relating to the matter.
Democrats on the committee have responded by requesting unredacted documents and cautioning against premature conclusions. The DOJ has not publicly detailed which specific accounts or companies were under subpoena in TMTG’s case or the full list of entities affected by Arctic Frost.
The scale of subpoenas unveiled by the Senate committee, nearly 200 demands covering hundreds of targets, underscores the broad reach of the Arctic Frost investigation and raises questions about the legal boundaries of federal probes into political and financial actors.
Key Facts & Details:
| Item | Detail |
|---|---|
| Number of subpoenas released | 197 |
| Number of named individuals/entities targeted | At least 430 |
| Number of individuals subpoenaed | 34 |
| Number of businesses subpoenaed | 163 |
| Company alleging bank-record subpoena | Trump Media & Technology Group Corp. |
| Time period for phone data subpoenas | January 4-7, 2021 |
As the TMTG allegation and Senate disclosures converge, the debate is shifting from whether investigations took place to how and why they were conducted. The coming weeks may bring hearings, document releases, and possible policy changes in how federal investigative powers intersect with political actors and private business.
