
金色财经|May 14, 2026 15:57
Senator Warren's amendment to demand disclosure of Epstein's bank regulatory records rejected again
On May 14th, Democratic Senator Elizabeth Warren stated during the Banking Committee review of the CLARITY Act that although the crypto ecosystem has been used to facilitate illegal payments, Wall Street banks were willing to provide financial services to Epstein to facilitate his crimes when the crypto industry was just developing. People may have thought that after Epstein was convicted of inciting child prostitution in 2008, major banks would cut off their ties with him, but the opposite is true. Over the next decade, major banks such as JPMorgan Chase, Deutsche Bank, and Bank of America earned huge fees from Epstein's business while ignoring very clear warning signs. Until Epstein was arrested again in 2019, Morgan Stanley eventually disclosed over 4700 transactions between 1998 and 2013, totaling over one billion dollars, including payments to Russian banks and young women.
Elizabeth Warren called on President Trump's banking regulatory agency to use its powers to investigate executives who helped Epstein and hand over information collected over the years to Congress. She proposed an amendment that would require federal banking regulators to disclose any bank review records related to Epstein and his accomplices, in order to expose when banks became aware and whether regulators discovered issues that should have triggered warnings, thereby helping prevent Wall Street and corporations from funding the next Epstein.
The amendment was rejected with 11 votes in favor and 13 votes against. The Cryptocurrency Market Structure Act (also known as the CLARITY Act) is currently undergoing a vote to debate and vote on amendments clause by clause.
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