Full Breakdown
Jes Staley Testifies on Sharing JPMorgan Information with Jeffrey Epstein
8/27/2026, 9:59:00 PM
Core Event
Former JPMorgan Chase chief executive Jes Staley appeared before the House Oversight Committee in a closed-door, voluntary interview on July 24. He admitted repeatedly providing the convicted financier Jeffrey Epstein with confidential, market-sensitive JPMorgan data, including the bank’s communications with the Federal Reserve during the 2008 financial crisis, a $44 billion influx of private-bank deposits over two weeks, details of pending deals, and information about his own compensation and client relationships. Staley also confirmed that he signed documents related to an Epstein trust in 2014 and a trust amendment in 2015, though he later declined to serve as a trustee.
Background & Context
Epstein, who died in jail in 2019 while awaiting trial on federal sex-trafficking charges, maintained extensive ties to politics, finance, academia and business, including former President Donald Trump. During Staley’s three-decade tenure at JPMorgan, Epstein was a client of the bank’s private-bank and asset-management divisions that Staley oversaw. The congressional probe, led by the House Committee on Oversight and Government Reform, is examining Epstein’s connections to powerful elites and has already interviewed figures such as former President Bill Clinton, Microsoft co-founder Bill Gates, and Goldman Sachs senior counsel Kathy Ruemmler.
Official Statements & Responses
Staley defended his disclosures, asserting that he believed he had the authority to share the information when he deemed it appropriate and that he was unaware of Epstein’s criminal conduct. JPMorgan declined to comment on the testimony, and Staley’s lawyers have not responded to requests for comment.
Data & Statistics
- $44 billion in private-bank inflows over a two-week period during the 2008 crisis were disclosed to Epstein.
- Staley’s tenure at JPMorgan spanned more than thirty years, after which he led Barclays from 2015 until his resignation in 2021.
- No compensation was received for signing the Epstein-trust documents.
What’s Next
The House Oversight Committee continues its investigation into Epstein’s network of high-profile contacts. Lawmakers are expected to request additional documents from JPMorgan and may pursue further testimony from former executives and associates linked to the estate.
