Warren and Garcia bill would force regulators to investigate banks tied to Epstein; the Fed and OCC say they cannot comment on investigations
Warren and Garcia's bill would force bank regulators to release Epstein-related records and investigate banks and executives tied to him. Warren says regulators failed to act; the Fed and OCC say they cannot comment on investigations.
Case period:
Published by The Dispute Index editorial teamPublished Updated
Overview
Warren and Garcia are the top Democrats on the Senate Banking Committee and the House Oversight Committee. Rep. Thomas Massie of Kentucky is the bill's only Republican sponsor. JPMorgan Chase, Bank of America and Deutsche Bank have agreed to pay well over $400 million combined to settle lawsuits brought by Epstein's alleged victims, and New York's Department of Financial Services fined Deutsche Bank $150 million in 2020 over its relationship with Epstein. Banking Dive reports that the bill is not likely to pass this year.
People in this case
Elizabeth WarrenDirectly involved
Robert GarciaDirectly involved
Timeline
4 timeline entries on this page. Dates: February 25, 2026 to October 16, 2026
February 2026
Warren asks bank regulators again to investigate executives tied to Epstein
Warren sends a follow-up letter asking the OCC, the Fed and the FDIC to open investigations into current and former banking executives who may have facilitated Epstein's conduct.
[01]Jonathan V. Gould
Gould's reply to Warren's February 25, 2026, letter asking the OCC to open an investigation into banking executives who may have facilitated Epstein's conduct. Released by Warren's office on October 15, 2026.
Comptroller of the Currency Jonathan Gould letter to Sen. Elizabeth Warren, March 12, 2026 · Jonathan V. GouldFull letter, 1 page (scanned)[02]FDIC Chairman Travis Hill letter to Sen. Elizabeth Warren, April 10, 2026
FDIC Chairman Travis Hill's reply to Warren's February 25, 2026, letter. He says any FDIC investigation would be confidential and defers to the primary federal regulator for institutions the FDIC does not supervise.
FDIC Chairman Travis Hill letter to Sen. Elizabeth Warren, April 10, 2026Full letter, 1 page[03]Michelle W. Bowman
Bowman's one-page reply to Warren's February 25, 2026, letter asking the Fed to investigate banking executives who may have facilitated Epstein's conduct. Released by Warren's office on October 15, 2026.
Federal Reserve Vice Chair for Supervision Michelle Bowman letter to Sen. Elizabeth Warren, June 12, 2026 · Michelle W. BowmanFull letter, 1 page (scanned)
April 2026
FDIC says any investigation it opened would be confidential
Reaction
FDIC Chairman Travis Hill tells Warren that any FDIC investigation would be confidential under federal rules and that the FDIC defers to the primary regulator for institutions it does not supervise.
[02]FDIC Chairman Travis Hill letter to Sen. Elizabeth Warren, April 10, 2026
FDIC Chairman Travis Hill's reply to Warren's February 25, 2026, letter. He says any FDIC investigation would be confidential and defers to the primary federal regulator for institutions the FDIC does not supervise.
FDIC Chairman Travis Hill letter to Sen. Elizabeth Warren, April 10, 2026Full letter, 1 page
October 2026
Warren and Garcia introduce the Epstein Wall Street Records Act
Warren and Garcia introduce a bill that would require the Fed, FDIC, OCC and SEC to disclose Epstein-related supervisory records, investigate Epstein-connected banks and executives, impose industry bans and penalties, and refer possible crimes to the Justice Department. Warren releases the regulators' and banks' letters the same day.
[04]Elizabeth Warren
One-page summary of the Epstein Wall Street Records Act released by Warren's Senate Banking Committee office on October 15, 2026. It says the bill would require the Fed, FDIC, OCC and SEC to disclose Epstein-related supervisory records, investigate Epstein-connected institutions and executives, impose industry bars and penalties, and refer possible crimes to the Justice Department.
Epstein Wall Street Records Act one-pager · Elizabeth WarrenFull document, 1 page[05]Bill would force bank regulators to disclose Epstein records
American Banker report on the Epstein Wall Street Records Act, introduced October 15, 2026. It quotes the press release statements of Sen. Elizabeth Warren, Rep. Thomas Massie and Rep. Robert Garcia, Fed Vice Chair for Supervision Michelle Bowman's June 12 letter to Warren and JPMorgan's letter to Warren.
Warren says in a video that Wall Street executives helped finance Epstein's crimes
Claim
In a video on her official Senate channel, Warren says Wall Street executives helped finance Epstein's crimes for years, that regulators have refused to commit to investigating, and that Congress will act if the administration does not.
[06]Elizabeth Warren
Video posted October 16, 2026, on Sen. Elizabeth Warren's official Senate YouTube channel, the day after she introduced the Epstein Wall Street Records Act. Its description says Wall Street executives helped finance Epstein's crimes and that the Trump administration has failed to hold them accountable.
Wall Street executives helped finance Jeffrey Epstein's crimes for years. · Elizabeth WarrenFull video, 1:26
Claims
Claims separate what was said from what is contested. Follow each source for the original wording and context.
What's disputed
Disputed claim
Wall Street executives helped finance Jeffrey Epstein's crimes for years, and the Trump administration has failed to hold them accountable.
What is disputed
Warren makes the claim in a video introducing the Epstein Wall Street Records Act. JPMorgan Chase, Bank of America and Deutsche Bank have agreed to pay well over $400 million combined to settle lawsuits brought by Epstein's alleged victims, and New York's financial regulator fined Deutsche Bank $150 million in 2020. JPMorgan says it did not facilitate or knowingly enable illegal activity. The Fed and the OCC have told Warren they cannot comment on specific investigations.
Sources (3)
- Wall Street executives helped finance Jeffrey Epstein's crimes for years. · Elizabeth WarrenFull video, 1:26
- JPMorgan Chase letter to Sen. Elizabeth Warren, July 23, 2026 · JPMorgan Chase & Co.Full letter, 2 pages
Response record
Responses
Choose one response filter, or select All responses to see the full record.
2 matching responses. Newest first.
Elizabeth WarrenU.S. senator from Massachusetts and ranking member of the Senate Banking Committee, in a press releaseDirectly involvedBefore this statement
Warren and Rep. Robert Garcia introduced the Epstein Wall Street Records Act, which would require federal financial regulators to disclose supervisory records related to Epstein and investigate banks and bankers connected to him.
"I have spent the last year calling on Donald Trump's financial regulators to launch investigations into the big banks and executives who may have enabled Jeffrey Epstein's horrific crimes"
CondemnedCase context: Warren and Garcia bill would force regulators to investigate banks tied to Epstein; the Fed and OCC say they cannot comment on investigations
Full statement and sources
Warren says she has spent a year asking Trump's financial regulators to investigate banks and executives who may have enabled Epstein's crimes, and that Congress must act because they have not.
After the statement
Warren adds that since the regulators have failed to act, Congress must. She also released the text of the bill and the regulators' responses to her requests.
Why this label?
Relative to whether banks and executives enabled Epstein and whether regulators have failed to act, Warren says the regulators have not acted on her requests and that Congress must step in.
This label describes the statement's response within the context above.
JPMorgan Chase & Co.Kathleen Mellody, head of federal government relations, in a letter to Sen. Elizabeth WarrenDirectly involvedBefore this statement
Warren had written to JPMorgan on July 10, 2026, about Jamie Dimon and Epstein. The bank's reply says Dimon never met or emailed Epstein and was not involved in any decision to have him as a client, and that with the benefit of hindsight any association with Epstein was a mistake.
"JPMC ended its banking relationship with Jeffrey Epstein in 2013. The Firm did not facilitate or knowingly enable illegal activity."
DeniedCase context: Warren and Garcia bill would force regulators to investigate banks tied to Epstein; the Fed and OCC say they cannot comment on investigations
Full statement and sources
JPMorgan tells Warren it ended its relationship with Epstein in 2013 and did not facilitate or knowingly enable illegal activity.
After the statement
The letter adds that the relationship ended before Epstein was charged by federal authorities and that information about his criminal behavior was available to law enforcement years earlier but was not shared with financial institutions or the public.
JPMorgan Chase letter to Sen. Elizabeth Warren, July 23, 2026 · JPMorgan Chase & Co.Full letter, 2 pagesWhy this label?
Relative to whether banks and their executives enabled Epstein's crimes, JPMorgan denies that it facilitated or knowingly enabled illegal activity, while saying that in hindsight any association with Epstein was a mistake.
This label describes the statement's response within the context above.
Sources
(8)
Original text
Epstein Wall Street Records Act one-pager
Relevant passage: Full document, 1 page
About this source
One-page summary of the Epstein Wall Street Records Act released by Warren's Senate Banking Committee office on October 15, 2026. It says the bill would require the Fed, FDIC, OCC and SEC to disclose Epstein-related supervisory records, investigate Epstein-connected institutions and executives, impose industry bars and penalties, and refer possible crimes to the Justice Department.
- Author
- Office of Sen. Elizabeth Warren, Senate Banking Committee minority
- Published
- Accessed
Original text
FDIC Chairman Travis Hill letter to Sen. Elizabeth Warren, April 10, 2026
Relevant passage: Full letter, 1 page
About this source
FDIC Chairman Travis Hill's reply to Warren's February 25, 2026, letter. He says any FDIC investigation would be confidential and defers to the primary federal regulator for institutions the FDIC does not supervise.
- Author
- Travis Hill, Chairman, Federal Deposit Insurance Corporation
- Published
- Accessed
Original text
Comptroller of the Currency Jonathan Gould letter to Sen. Elizabeth Warren, March 12, 2026
Relevant passage: Full letter, 1 page (scanned)
About this source
Gould's reply to Warren's February 25, 2026, letter asking the OCC to open an investigation into banking executives who may have facilitated Epstein's conduct. Released by Warren's office on October 15, 2026.
- Author
- Jonathan V. Gould
- Published
- Accessed
Original text
Federal Reserve Vice Chair for Supervision Michelle Bowman letter to Sen. Elizabeth Warren, June 12, 2026
Relevant passage: Full letter, 1 page (scanned)
About this source
Bowman's one-page reply to Warren's February 25, 2026, letter asking the Fed to investigate banking executives who may have facilitated Epstein's conduct. Released by Warren's office on October 15, 2026.
- Author
- Michelle W. Bowman
- Published
- Accessed
Original text
JPMorgan Chase letter to Sen. Elizabeth Warren, July 23, 2026
Relevant passage: Full letter, 2 pages
About this source
JPMorgan Chase's reply to Warren's July 10, 2026, letter about Jamie Dimon and Epstein, released by Warren's Senate Banking Committee office on October 15, 2026. The letter disputes Warren's account of Dimon's involvement and says the firm ended its relationship with Epstein in 2013.
- Author
- Kathleen Mellody, Head of Federal Government Relations, JPMorgan Chase & Co.
- Published
- Accessed
Original video
Wall Street executives helped finance Jeffrey Epstein's crimes for years.
Sen. Elizabeth Warren says Wall Street executives helped finance Jeffrey Epstein's crimes and announces the Epstein Wall Street Records Act, in a video posted to her official Senate YouTube channel on October 16, 2026.
DI added its logo in the corner.
Video: Office of Sen. Elizabeth Warren. Public domain (U.S. government work) (opens in a new tab)
Watch the full original video (opens in a new tab) (relevant passage: Full video, 1:26)
About this source
Video posted October 16, 2026, on Sen. Elizabeth Warren's official Senate YouTube channel, the day after she introduced the Epstein Wall Street Records Act. Its description says Wall Street executives helped finance Epstein's crimes and that the Trump administration has failed to hold them accountable.
- Author
- Senator Elizabeth Warren
- Published
- Accessed
Reporting
Epstein bill would push regulators to disclose bank probes
Relevant passage: Full article
About this source
Banking Dive report on the Epstein Wall Street Records Act. It quotes Warren's statement on the bill and the letters Warren received from Fed Vice Chair for Supervision Michelle Bowman in June and Comptroller of the Currency Jonathan Gould in March 2026.
- Author
- Dan Ennis
- Published
- Accessed
Reporting
Bill would force bank regulators to disclose Epstein records
Relevant passage: Full article
About this source
American Banker report on the Epstein Wall Street Records Act, introduced October 15, 2026. It quotes the press release statements of Sen. Elizabeth Warren, Rep. Thomas Massie and Rep. Robert Garcia, Fed Vice Chair for Supervision Michelle Bowman's June 12 letter to Warren and JPMorgan's letter to Warren.
- Author
- Kate Berry
- Published
- Accessed
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Cite this record
- Publisher
- The Dispute Index
- Title
- Warren and Garcia bill would force regulators to investigate banks tied to Epstein; the Fed and OCC say they cannot comment on investigations
- First published
- Last updated
- Permalink
- https://disputeindex.com/cases/epstein-wall-street-records-act
The Dispute Index. "Warren and Garcia bill would force regulators to investigate banks tied to Epstein; the Fed and OCC say they cannot comment on investigations". First published: 2026-10-24. Last updated: 2026-10-24. https://disputeindex.com/cases/epstein-wall-street-records-act