"The Times reported that JPMorgan may have enabled Epstein's crimes by continuing to work with him despite repeated warnings from employees as early as 2006. Over the course of the bank's relationship with Epstein, JPMorgan processed over $1 billion in transactions and opened at least 134 accounts for victims of his sex trafficking operation, according to the Times. The bank made more than $8 million in fees off of Epstein in one year alone."
""The American people deserve to know what happened at JPMorgan and other banks that financed Mr. Epstein," 10 Democratic members of the Senate Banking, Housing, and Urban Affairs Committee wrote to Committee Chair Tim Scott (R-South Carolina). "The Committee should hold a public hearing as soon as possible to examine failures and advance reforms that protect our communities," they continued."
Ten Democratic members of the Senate Banking, Housing, and Urban Affairs Committee requested a public congressional hearing on JPMorgan and other banks' ties to Jeffrey Epstein and urged that JPMorgan CEO Jamie Dimon testify under oath. The senators wrote to Committee Chair Tim Scott seeking examination of institutional failures and reforms to protect communities. JPMorgan processed more than $1.1 billion and over 4,700 transactions for Epstein, opened at least 134 accounts for victims, and earned more than $8 million in fees from Epstein in a single year. The senators cited warnings to employees as early as 2006 and called for transparency and accountability.
Read at Truthout
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