February 26, 2026

Warren Highlights Failure of Trump Regulators to Hold Epstein-Connected Bankers Accountable

In new video, Warren calls for congressional hearings into big bank executives who aided Epstein

Text of Letter (PDF) | Watch Video here (X)

Washington, D.C. – Today, Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Michelle Bowman, Vice Chair for Supervision of the Federal Reserve Board, Jonathan Gould, Comptroller of the Office of the Comptroller of the Currency (OCC), and Travis Hill, Chairman of the Federal Deposit Insurance Corporation (FDIC) shedding light on the agencies’ failure to take any action or launch any investigations into current and former U.S. banking executives who may have facilitated Jeffrey Epstein’s crimes. In a new video, Senator Warren also called for congressional hearings into any big bank executives who may have engaged in misconduct related to Epstein.

“I asked your agencies to investigate any current or former banking executives who may have engaged in misconduct related to Epstein to determine whether their actions satisfy the legal standards for a ban on working in the banking industry and for civil monetary penalties,” wrote Ranking Member Warren. “Under 12 U.S.C. § 1818(e) and (i), under certain circumstances, the appropriate federal banking agency may ban individuals from working in the banking industry and levy monetary penalties in cases of malfeasance.”

The Ranking Member detailed the regulators’ failure to act: “Your responses failed to confirm an ongoing investigation or even commit to opening one. Since then, the Department of Justice (DOJ) has released millions of documents related to the investigation and prosecution of Epstein, including materials suggesting Wall Street’s Epstein ties may have been deeper than previously reported. This is unacceptable.”

The Ranking Member continued: “It is critical that your agencies take seriously your responsibility for ensuring the integrity of the U.S. banking system. I once again request that your agencies publicly announce the opening of an investigation into executives who may have aided Epstein’s illicit conduct by March 12, 2026.”

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