Summary
Senator Elizabeth Warren has asked JP Morgan CEO Jamie Dimon to clarify the bank’s interactions with Jeffrey Epstein, a convicted sex offender. New documents suggest Dimon may have lobbied UK officials influenced by Epstein’s advice, though Dimon denies knowing Epstein or taking any guidance from him.Key Facts
- Senator Warren, a top Democrat on the Senate banking committee, wrote to Jamie Dimon seeking information about any contact with Jeffrey Epstein.
- Epstein was a convicted child sex offender who was arrested in 2019 and died in 2019.
- New emails from 2009 show Epstein asking a former UK minister if Dimon should lobby against a tax on banker bonuses.
- The UK minister responded that Dimon should “mildly threaten” the chancellor, which Dimon reportedly did by warning about JP Morgan’s investments.
- Jamie Dimon says he never met Epstein and did not know about him until Epstein’s arrest in 2019.
- JP Morgan ended its business relationship with Epstein in 2013, before Epstein’s federal sex trafficking arrest.
- A former JP Morgan executive claimed to discuss Epstein-related issues with Dimon, but JP Morgan denies this and has sued the executive.
- JP Morgan regrets any past dealings with Epstein and said it would not have continued business with him if it had known about ongoing crimes.
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