Summary
President Trump directed the Justice Department to investigate Jeffrey Epstein's connections, including ties with JPMorgan Chase bank. JPMorgan previously settled legal cases related to accusations of benefiting from Epstein's illegal activities. The investigation aims to understand these connections further.
Key Facts
- President Trump called for an investigation into Jeffrey Epstein's connections, including with JPMorgan Chase.
- JPMorgan settled a case with the U.S. Virgin Islands in 2023, related to Epstein's sex trafficking.
- The bank also settled with a former executive and survivors of Epstein's trafficking in 2023.
- Trump cited names like former President Clinton and institutions to be investigated.
- Trish Wexler, a spokesperson for JPMorgan, stated the bank regrets its past association with Epstein.
- JPMorgan ended its relationship with Epstein before his arrest for sex trafficking.
- The bank agreed to pay $75 million to settle with the Virgin Islands but admitted no wrongdoing.
- The Virgin Islands described the settlement as the first action against a bank for facilitating human trafficking.
