President Trump said he would ask the DOJ to investigate connections between Jeffrey Epstein and JPMorgan Chase and several public figures, including Bill Clinton, Larry Summers and Reid Hoffman. Attorney General Pam Bondi has asked the Southern District of New York to take the lead. JPMorgan says it cut ties with Epstein in 2013 and has paid at least $365 million in related settlements. The announcement follows the House Oversight Committee’s release of thousands of emails from Epstein’s estate and a prior DOJ review that found no evidence to predicate further investigations.
Trump Asks DOJ to Investigate Jeffrey Epstein’s Ties to JPMorgan, Clinton, Summers and Reid Hoffman
President Trump said he would ask the DOJ to investigate connections between Jeffrey Epstein and JPMorgan Chase and several public figures, including Bill Clinton, Larry Summers and Reid Hoffman. Attorney General Pam Bondi has asked the Southern District of New York to take the lead. JPMorgan says it cut ties with Epstein in 2013 and has paid at least $365 million in related settlements. The announcement follows the House Oversight Committee’s release of thousands of emails from Epstein’s estate and a prior DOJ review that found no evidence to predicate further investigations.
06:14 AM, 11/15/2025Politics
Trump Calls for DOJ Inquiry into Epstein Connections
President Donald Trump said Friday he would ask the Justice Department to investigate relationships between the late financier Jeffrey Epstein and JPMorgan Chase, as well as several public figures he singled out, including former President Bill Clinton, former Treasury Secretary Larry Summers and tech investor Reid Hoffman.
What Trump said
On his Truth Social platform, Trump compared the Epstein revelations to the "Russia Scam" and wrote, "I will be asking A.G. Pam Bondi, and the Department of Justice, together with our great patriots at the FBI, to investigate Jeffrey Epstein's involvement and relationship with Bill Clinton, Larry Summers, Reid Hoffman, J.P. Morgan, Chase, and many other people and institutions, to determine what was going on with them, and him."
Responses and next steps
Attorney General Pam Bondi said she has asked Jay Clayton, the U.S. Attorney for the Southern District of New York, to take the lead on any inquiry. Bondi wrote on X (formerly Twitter) that the Department would pursue the matter "with urgency and integrity to deliver answers to the American people." The Manhattan U.S. Attorney’s Office led Epstein’s 2019 prosecution; Epstein died by suicide in custody while awaiting trial. That office later prosecuted Ghislaine Maxwell, who was convicted and sentenced to 20 years in prison.
Representatives for Reid Hoffman, Bill Clinton and Larry Summers did not immediately respond to requests for comment.
JPMorgan’s connection and settlements
JPMorgan has acknowledged a business relationship with Epstein that ended in 2013. A bank spokesperson said JPMorgan "regrets any association we had with the man" and added that the firm "did not help him commit his heinous acts." The bank has paid at least $365 million in settlements tied to civil claims involving Epstein, including a reported $290 million settlement with victims and $75 million to resolve claims brought by the U.S. Virgin Islands government.
JPMorgan previously said Epstein advised Jes Staley, then head of the bank’s private banking unit, on career matters. The bank also cited concerns over Epstein’s frequent large cash withdrawals as a factor in ending the relationship.
Documents, emails and prior DOJ review
Trump’s call for investigations followed the House Oversight Committee’s release of more than 20,000 emails obtained from Epstein’s estate, some of which reference Trump and other prominent figures. The emails reportedly include correspondence between Epstein and Larry Summers and references to other political and business leaders.
Separately, the Justice Department said in July that it had "conducted an exhaustive review of investigative holdings relating to Jeffrey Epstein" and "did not uncover evidence that could predicate an investigation" into other people. That statement has been cited in public debate as calls for further review continue.
Context and reactions
After Epstein’s 2019 death, several named figures publicly addressed their past interactions with him. Reid Hoffman apologized for inviting Epstein to a 2015 dinner and said he regretted not researching him more thoroughly. Bill Clinton has acknowledged flying on Epstein’s private jet for certain post-presidential trips; Epstein also visited the White House on several occasions while Clinton was in office.
Victim accounts and legal depositions have generated conflicting references about who witnessed or participated in sexual abuse. In a 2016 deposition, Virginia Giuffre — who later died — said she "never saw or witnessed Donald Trump participate" in sexual abuse by Epstein.
Note: The situation remains politically charged and legally complex; statements and requests for investigations do not constitute findings of wrongdoing.