Democrats reportedly gearing up to probe JPMorgan's relationship with Epstein
JPM•Senate Democrats are preparing to investigate JPMorgan Chase's banking relationship with Jeffrey Epstein once they take control of Congress early next year, with a focus on executives' handling of Epstein. JPMorgan said it regretted any association with him but did not help him commit crimes.
1. Planned investigation
Senate Democrats are preparing to investigate JPMorgan Chase's relationship with Jeffrey Epstein after taking control of Congress early next year, CNBC reported, citing a source familiar with the matter. Staffers on the Senate Finance Committee plan to examine how senior executives handled Epstein, including decisions involving Mary Erdoes, the bank's Asset & Wealth Management CEO.
2. Bank response
A JPMorgan spokesperson said the government had information about Epstein's crimes that it failed to share with the bank or other lenders. The spokesperson said JPMorgan regretted any association with Epstein but did not help him commit crimes.
