Fed's Bowman says she cannot confirm investigations
Michelle W. BowmanFederal Reserve vice chair for supervision, in a letter to Sen. Elizabeth Warren
Bowman tells Warren she cannot confirm or comment on any specific investigation.
“I cannot confirm the existence of or otherwise comment on specific investigations”
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Where this statement fits
Warren and Garcia bill would force regulators to investigate banks tied to Epstein; the Fed and OCC say they cannot comment on investigations
Sen. Elizabeth Warren and Rep. Robert Garcia introduced the Epstein Wall Street Records Act on October 15, 2026. It would require the Federal Reserve, FDIC, OCC and SEC to disclose Epstein-related supervisory records, investigate banks and executives connected to Epstein, and impose industry bans and penalties on executives found to have enabled his access to the financial system. Warren says Trump's financial regulators failed to act on her requests for investigations. In letters she released, Fed Vice Chair for Supervision Michelle Bowman and Comptroller of the Currency Jonathan Gould said they could not comment on specific investigations, and JPMorgan Chase said it did not facilitate or knowingly enable illegal activity.
Source and context
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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.
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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.
Archived copy (opens in a new tab)Before the quotation
Warren had asked the Fed and other regulators to investigate banks and executives connected to Epstein. American Banker reports that each regulator replied that it cannot disclose nonpublic supervisory information about financial institutions.
After the quotation
Warren released the letter along with the text of the Epstein Wall Street Records Act and the other regulators' responses to her request for investigations.
How this statement is classified
The label describes this statement's response within the context above.
Why this label?
Relative to whether regulators have failed to investigate banks and executives tied to Epstein, Bowman declines to say whether the Fed is investigating.
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- Elizabeth Warren
More from this case
Read the full caseWarren says regulators failed to investigate banks tied to Epstein
“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”Read statement
JPMorgan says it did not facilitate Epstein's illegal activity
JPMorgan Chase & Co.
“JPMC ended its banking relationship with Jeffrey Epstein in 2013. The Firm did not facilitate or knowingly enable illegal activity.”Read statement
OCC's Gould declines to comment on specific supervisory matters
“While it would be inappropriate for me to comment on any specific ongoing supervisory matter, I take any allegation of wrongdoing or abuse by banks or bank executives very seriously”Read statement
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The Dispute Index. "Fed's Bowman says she cannot confirm investigations". First published: 2026-10-24. Last updated: 2026-10-24. https://disputeindex.com/events/6650-bowman-tells-warren-she-cannot-confirm-or-comment