US regulators 'taking seriously' allegations of bankers' support for Epstein

US Regulators Taking Epstein Allegations 'Very Seriously'

In a move that has sparked calls for greater accountability, top US regulators have said they are taking allegations that major banks facilitated financier Jeffrey Epstein's crimes "very seriously". The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have assured Democratic senator Elizabeth Warren that they will investigate any potential misconduct by bankers who may have enabled Epstein's abuse.

The controversy centers around Epstein, a convicted sex offender who was one of JP Morgan Chase's most profitable clients before being dropped in 2013. Warren had raised concerns over the bank's wider banking relationship with Epstein, noting that he was one of the bank's most lucrative clients at the time of his arrest on child sex trafficking charges.

Regulators have confirmed that they are reviewing a letter from Warren, which alleged that former Barclays boss Jes Staley protected Epstein's access to the banking system while working at JP Morgan in the early 2000s. The OCC and FDIC say they will examine banks, including JP Morgan Chase Bank, for any potential safety and soundness concerns and violations of law.

Jonathan Gould, the comptroller of the currency, said that he takes "very seriously" any allegations of wrongdoing or abuse by banks and bank executives, adding that regulators will continue to examine banks within their authority. The FDIC's acting chair, Travis Hill, has also expressed his concern over potential insider involvement in illicit activity.

While regulators have not confirmed whether they are opening formal inquiries, the correspondence with Warren suggests a renewed focus on the issue. The Democratic senator had called for JP Morgan chief executive Jamie Dimon to testify before the US Senate banking committee over the bank's dealings with Epstein.

JP Morgan has denied any wrongdoing, saying that it ended its relationship with Epstein six years before his arrest and did not help him commit his heinous acts. However, the bank has been criticized for its extensive dealings with Epstein, which include over 134 different accounts and more than $1 billion in transactions.

The developments come days after President Donald Trump signed a bill allowing the US justice department to release all of its unclassified records related to Epstein and Ghislaine Maxwell, his co-conspirator.

omg can't believe these regulators are finally taking this seriously! like what took them so long? i mean, epstein's abuse was all over the news back in 2013 and now it's only when dem senator warren starts making waves that they're like "oh okay we'll look into it". anyway, gotta keep an eye on jp morgan chase tho, those bankers can get away with some shady stuff and what's up with epstein being one of their most profitable clients? sounds fishy to me...

Man, this is getting crazy... I'm not surprised that the regulators are taking it seriously tho . It's about time someone held JP Morgan accountable for their dirty dealings with Epstein. I mean, over 134 accounts? That's some wild stuff right there. And to think they're denying any wrongdoing... come on, Jamie Dimon, don't try to spin this one .

I'm glad Elizabeth Warren is pushing for answers. It's about time the banks are held to a higher standard. This whole thing stinks of corruption and cover-ups. I just hope that justice gets served . And what's with the president signing that bill? Trying to sweep everything under the rug, huh? Not gonna work, pal .

I'm so glad regulators are taking these allegations super seriously, it's about time! ️ It's crazy that JP Morgan was able to facilitate such a sicko like Epstein for so long without anyone batting an eye...I mean, 134 accounts and over $1 billion in transactions? That's just wild. Anyway, I'm all for holding these banks accountable - we need more transparency and less "sweethearts" deals when it comes to shady characters like Epstein. This is definitely a step in the right direction.

I'm low-key impressed that the regulators are finally taking this stuff seriously ! It's about time someone held those bankers accountable for their shady dealings . I mean, who knew JP Morgan Chase was basically enabling a sex offender's heinous crimes while making bank off it ? The fact that they're reviewing banks' safety and soundness and potential law violations is a major step in the right direction . And yeah, Jamie Dimon needs to testify - he can't just sweep this under the rug . I'm curious to see what info comes out of this investigation - hopefully some real answers about how Epstein's abuse was enabled by JP Morgan Chase

Banks gotta be held accountable for their connections with sickos like Epstein! The fact that JP Morgan had so many accounts with him is wild . If banks knew about Epstein's abuse and did nothing, that's a big deal . I'm glad the regulators are taking this seriously . We need to know what really went down and who was involved . This whole thing stinks of cover-ups . Let's get to the bottom of it!

I'm literally fuming right now... think about it, these banks have been getting away with enabling some of the most heinous crimes imaginable and they're only being held accountable because someone like Elizabeth Warren is fighting for transparency? It's just not fair that a whole generation has grown up without knowing the full extent of what was going on behind closed doors. I mean, $1 billion in transactions between Epstein and JP Morgan Chase? That's insane! And to think they're still denying any wrongdoing... come on, guys, do you really expect us to believe that? The fact that President Trump is signing bills to release unclassified records related to Epstein now is just a slap in the face. It's like he's trying to erase all evidence of his crimes from history. And what about all the other victims? Where are they getting justice? We need more action, not just empty promises and investigations that go nowhere

This is getting crazy ! I'm not surprised tho, the whole Epstein scandal has been blowing up in our faces for years now . The fact that top regulators are taking it "very seriously" is a good sign, hopefully this means some real change is gonna happen . JP Morgan's got a lot to answer for, and if they're not careful, this could blow up into a major scandal . I'm glad Dem Senator Warren is pushing hard on this one, she's been vocal about it for ages . And what's with all these new docs being released? It's like the justice department is finally getting real about how deep this rabbit hole goes . Anyway, fingers crossed that some accountability comes out of this... we need it more than ever!

I'm like totally confused about this whole thing... I mean, I think regulators should definitely be taking these allegations seriously , but at the same time, isn't it a bit overkill? Like, they're basically admitting that banks can get away with stuff if no one says anything. And what's with JP Morgan's denials? Are they just trying to cover their own backsides? I mean, 134 different accounts and over $1 billion in transactions... that's a lot of money to be hiding something. But on the other hand, maybe Epstein was really who he said he was - like, a innocent victim of circumstance? I don't know, man... my mind is totally torn .

man this is getting crazy like what even is going on here? so theres these allegations that major banks enabled epstins crimes and now regulators are taking it super seriously theyre looking into the banking relationship between epstein and jpmorgan chase which makes total sense considering hes one of their most profitable clients at the time. its also weird that jpmorgan is denying any wrongdoing but like how can thats even be true? if youre gonna keep a guy on as a major client with no issues, what does it say about your bank?

anyway i feel good that senator warren is pushing for answers here and not letting this just slide its not just about epstein or jpmorgan either its about how these banks are supposed to regulate themselves. if they cant even do that right then whats the point?

This whole thing is getting too comfortable for me... like, how many times do you gotta get caught with your hand in the cookie jar before people start holding you accountable?

Anyway, I'm glad someone's finally taking this seriously. It's not just about Epstein or JP Morgan, it's about the whole system and how it enables these types of situations to happen. I mean, if you're gonna do something shady, don't hide behind a shell company or a fancy bank account.

It's also weird that they're doing this now, after all these years. You'd think they'd want to get it over with sooner rather than later. But hey, at least we're seeing some action, right?

I'm still waiting for JP Morgan to spill the tea on what really went down with Epstein . It's crazy that they had over 134 accounts with him and did nothing about it till now...like what were they hiding? The fact that Warren is pushing for more accountability is a great thing, but we need concrete evidence to back it up . Can't wait to see how this all plays out

I'm kinda surprised that it's taking this long for someone with that much power to get investigated but I guess it's about time ... I mean, can you imagine if one of our school teachers was involved in something like that? I'd be totally freaked out and my parents would probably just lose it . It's crazy to think about how some people can use their position for personal gain or something as messed up as human trafficking . And yeah, JP Morgan Chase should definitely get scrutinized more closely - after all, they're supposed to be watching over the money and making sure everyone is being safe and sound ... hopefully this whole thing gets resolved soon so we can all focus on actual school stuff

idk why it's taking so long for these banks to get called out like they're hiding something? epstein was a major client for jp morgan and they're just saying they ended their relationship 6 yrs before he got arrested? seems fishy to me anyway, gotta be good that sen warren is speaking up about this and now the regulators are taking it seriously we need more transparency in these big banks and their dealings with shady characters

can't believe epstein got away for so long this is like something out of a movie how many ppl were in on it? gotta keep pushing for accountability on both sides JP Morgan's been super shady with him all these yrs, can't just sweep it under the rug anymore

think banks got too cozy with pedo financier & now they're getting heat

I'm actually kinda glad this is finally happening. It's been far too long since anyone has taken action against these rich folks who think they're above the law . It's like they thought they were untouchable just because of their connections and money. Newsflash: we need accountability from our financial institutions, especially when it comes to shady characters like Epstein.

It's interesting that Warren is pushing for JP Morgan CEO Jamie Dimon to testify in front of Congress. I'd love to see him squirm on the hot seat about his bank's dealings with Epstein . And can we please get some answers from the bank itself? How many other people were involved in this scheme, and what exactly did they know or do?

I'm also glad that regulators are taking a closer look at JP Morgan's ties to Epstein. If there was ever any doubt about their legitimacy, this should clear it up once and for all . Let's see where this investigation takes us and hopefully, we'll get some real justice served

I'm not gonna lie, it's about time these regulators are taking this stuff seriously . The whole Epstein situation is just so messed up... I mean, how many times have we gotta hear about rich guys using their power to hurt innocent people? It's like, come on! JP Morgan Chase needs to answer for their part in all this .

But you know what the worst part is? This isn't even an isolated incident. There are tons of other cases out there where powerful folks have gotten away with some serious shenanigans . It's like, we need to keep pushing for accountability and transparency .

I'm not gonna say that I'm all optimistic about this situation just yet ... but at least it's a start. And hey, if it means that maybe some more people are gonna get held accountable for their actions , then I'm all for it !

This is getting juicy! Like, who knew JP Morgan's relationship with Epstein was like a secret love affair? They were so deep in it, they had 134 accounts and over $1 billion in transactions - talk about a toxic romance! But seriously though, regulators are taking this very seriously (duh!) . I mean, who wouldn't want to know if their favorite bank is enabling some serious sex offender drama? The fact that they're reviewing banks for safety and soundness concerns is like, yay accountability! And poor Elizabeth Warren, always speaking truth to power... or in this case, JP Morgan's secret Epstein connections . Jamie Dimon needs to testify before the Senate banking committee - I'm here for it!

I'm glad they're taking this seriously . I mean it's pretty shady that JP Morgan Chase was basically letting Epstein walk all over them with like 134 accounts and $1 billion in transactions . It's not just about the money, though - it's about whether or not they helped him evade law enforcement or something. And now that Warren is calling for Jamie Dimon to testify, I think we should be hearing more about this ASAP . The fact that Trump signed a bill releasing all unclassified records related to Epstein and Ghislaine Maxwell just makes me wonder what else was going on behind the scenes .