Democrats Unveil 24-Lawmaker Epstein Bank Probe Bill Ahead of November Midterms
Updated
Updated · The New York Times · Oct 15
Democrats Unveil 24-Lawmaker Epstein Bank Probe Bill Ahead of November Midterms
3 articles · Updated · The New York Times · Oct 15
Summary
Elizabeth Warren and Robert Garcia are set to introduce the Epstein Wall Street Records Act on Thursday, directing financial regulators to investigate banks and executives tied to Jeffrey Epstein and consider criminal referrals.
The bill would also require four federal financial regulators, including the Federal Reserve, to publicly release any records they hold on Epstein and his associates.
24 Democrats back the measure—four in the Senate and 20 in the House—as the party prepares a broader push to scrutinize Wall Street's role if it wins control of either chamber next month.
House and Senate committees are preparing banker interviews and possible hearings, shifting attention from Epstein's friends and employees to the big banks that handled thousands of his wire transfers.