Senate Democrats plan to investigate JPMorgan Chase's banking relationship with Jeffrey Epstein once they take control of Congress early next year, according to a source who spoke to CNBC. Staff on the Senate Finance Committee, likely to be chaired by Sen. Ron Wyden, intend to focus on how senior executives handled Epstein, particularly decisions by Mary Erdoes, CEO of the bank's Asset & Wealth Management business. JPMorgan did not immediately respond to a request for comment, and the probe has not been formally announced. Wyden has said he plans to make full use of the committee's subpoena powers.
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JPM
▼ Likely negativeJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $913.3B |
| Close on 11/04/2026 | 352.19 |
| Change that session | +4.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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