financetom
Business
financetom
/
Business
/
JPMorgan Chase Faces Scrutiny From Senator Warren, Democratic Lawmakers Over Epstein
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
JPMorgan Chase Faces Scrutiny From Senator Warren, Democratic Lawmakers Over Epstein
Sep 11, 2025 11:34 AM

02:28 PM EDT, 09/11/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) is facing calls for a congressional hearing from Banking Committee Democrats over the bank's "extended business relationship" with Jeffrey Epstein.

In a letter Thursday, Senator Elizabeth Warren, the ranking member of the Senate Banking, Housing and Urban Affairs Committee, and nine other Democratic lawmakers urged Chairman Tim Scott to convene a hearing on Epstein's "use of the US financial system and gaps in the enforcement of federal laws against money laundering and other financial crimes."

The letter said JPMorgan ( JPM ) reportedly maintained at least 134 accounts and processed more than $1 billion in transactions for Epstein, despite internal warnings.

"The committee should call employees of financial institutions that worked with Mr. Epstein, including JPMorgan ( JPM ) Chief Executive Officer Jamie Dimon, to testify under oath about the extent to which their banks may have enabled Mr. Epstein's crimes," the letter said.

JPMorgan Chase ( JPM ) didn't immediately respond to a request for comment from MT Newswires

Price: 305.28, Change: +4.74, Percent Change: +1.58

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JPMorgan Chase Faces Scrutiny From Senator Warren, Democratic Lawmakers Over Epstein
JPMorgan Chase Faces Scrutiny From Senator Warren, Democratic Lawmakers Over Epstein
Sep 11, 2025
02:28 PM EDT, 09/11/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) is facing calls for a congressional hearing from Banking Committee Democrats over the bank's extended business relationship with Jeffrey Epstein. In a letter Thursday, Senator Elizabeth Warren, the ranking member of the Senate Banking, Housing and Urban Affairs Committee, and nine other Democratic lawmakers urged Chairman Tim Scott...
Oracle's blockbuster surge shows AI trade's growing influence on market
Oracle's blockbuster surge shows AI trade's growing influence on market
Sep 11, 2025
(Reuters) -Wall Street's AI trade has propelled the market to record highs this year, and Oracle's stunning share-price gains are giving investors another reason to back the trade. Oracle shares jumped 36% on Wednesday after the company pointed to a demand surge from AI firms for its cloud services. The surge lifted its market value to $922 billion, leapfrogging the...
Soleno Therapeutics (SLNO) Drops Amid Critical Scorpion Report -- Hagens Berman
Soleno Therapeutics (SLNO) Drops Amid Critical Scorpion Report -- Hagens Berman
Sep 11, 2025
SAN FRANCISCO, Sept. 11, 2025 (GLOBE NEWSWIRE) -- On August 15, 2025, shares in Soleno Therapeutics, Inc. ( SLNO ) experienced a significant drop following the release of a highly critical report by Scorpion Capital. Hagens Berman, a national shareholders rights firm, has opened an investigation into Soleno. The firm will investigate whether Soleno may have misled investors about VYKAT™...
US sues Uber, alleges disability discrimination
US sues Uber, alleges disability discrimination
Sep 11, 2025
(Reuters) -The U.S. government on Thursday sued Uber Technologies, accusing the ride-sharing company of discriminating against passengers with disabilities. The lawsuit seeks injunctive relief, monetary damages and a civil fine for alleged violations of the federal Americans with Disabilities Act. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved