1. United States
  2. Wisc.
  3. Letter

Demand DOJ and Treasury Investigate Wall Street's Epstein Cover-Up

To: Sen. Baldwin, Rep. Steil, Sen. Johnson

From: A constituent in Greendale, WI

August 5

Senator Wyden's report, "Looking the Other Way: How Wall Street Banks Enabled Jeffrey Epstein's Sex Trafficking," makes one thing clear: you need to demand that the DOJ, Treasury, the Federal Reserve, and the Comptroller of the Currency launch full investigations and levy criminal penalties where warranted. JPMorgan Chase, Deutsche Bank, and Bank of America sat on over $1.4 billion in suspicious Epstein transactions for years, filing reports only after his 2019 arrest. That's not an oversight — that's a choice. The report names Leon Black as the largest source of funding for Epstein's operation, with roughly $166 million in payments that Bank of America took five to seven years to flag despite officials noting they had "no apparent economic, business or lawful purpose." Federal prosecutors have never even questioned Epstein's lawyer or accountants. Treasury Secretary Scott Bessent is blocking the Senate Finance Committee from accessing the relevant suspicious activity reports. That obstruction cannot stand. The banking laws passed in the 1930s exist precisely to prevent wealthy insiders from rigging the system. When Wall Street protects billionaires from scrutiny while ordinary people face the full weight of financial regulation, the rule of law becomes a fiction. Push hard for those records, support subpoenas, and make clear that no client's fees are worth shielding a sex trafficking operation from federal accountability.

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