The post House Judiciary Rejects Vote To Subpoena Banks CEOs For Epstein Case appeared on BitcoinEthereumNews.com. Topline House Judiciary Committee Republicans blocked a Democrat effort Wednesday to subpoena a group of major banks as part of a renewed investigation into late sex offender Jeffrey Epstein’s financial ties. Congressman Jim Jordan, R-OH, is the chairman of the committee. (Photo by Nathan Posner/Anadolu via Getty Images) Anadolu via Getty Images Key Facts A near party-line vote squashed the effort to vote on a subpoena, with Rep. Thomas Massie, R-Ky., who is leading a separate effort to force the Justice Department to release more Epstein case materials, voting alongside Democrats. The vote, if successful, would have resulted in the issuing of subpoenas to JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Deutsche Bank CEO Christian Sewing and Bank of New York Mellon CEO Robin Vince. The subpoenas would have specifically looked into multiple reports that claimed the four banks flagged $1.5 billion in suspicious transactions linked to Epstein. The failed effort from Democrats followed an FBI oversight hearing in which agency director Kash Patel misleadingly claimed the FBI cannot release many of the files it has on Epstein. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Crucial Quote Dimon, who attended a lunch with Senate Republicans before the vote, according to Politico, told reporters, “We regret any association with that man at all. And, of course, if it’s a legal requirement, we would conform to it. We have no issue with that.” Chief Critic “Republicans had the chance to subpoena the CEOs of JPMorgan, Bank of America, Deutsche Bank, and Bank of New York Mellon to expose Epstein’s money trail,” the House Judiciary Democrats said in a tweet. “Instead, they tried to bury… The post House Judiciary Rejects Vote To Subpoena Banks CEOs For Epstein Case appeared on BitcoinEthereumNews.com. Topline House Judiciary Committee Republicans blocked a Democrat effort Wednesday to subpoena a group of major banks as part of a renewed investigation into late sex offender Jeffrey Epstein’s financial ties. Congressman Jim Jordan, R-OH, is the chairman of the committee. (Photo by Nathan Posner/Anadolu via Getty Images) Anadolu via Getty Images Key Facts A near party-line vote squashed the effort to vote on a subpoena, with Rep. Thomas Massie, R-Ky., who is leading a separate effort to force the Justice Department to release more Epstein case materials, voting alongside Democrats. The vote, if successful, would have resulted in the issuing of subpoenas to JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Deutsche Bank CEO Christian Sewing and Bank of New York Mellon CEO Robin Vince. The subpoenas would have specifically looked into multiple reports that claimed the four banks flagged $1.5 billion in suspicious transactions linked to Epstein. The failed effort from Democrats followed an FBI oversight hearing in which agency director Kash Patel misleadingly claimed the FBI cannot release many of the files it has on Epstein. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Crucial Quote Dimon, who attended a lunch with Senate Republicans before the vote, according to Politico, told reporters, “We regret any association with that man at all. And, of course, if it’s a legal requirement, we would conform to it. We have no issue with that.” Chief Critic “Republicans had the chance to subpoena the CEOs of JPMorgan, Bank of America, Deutsche Bank, and Bank of New York Mellon to expose Epstein’s money trail,” the House Judiciary Democrats said in a tweet. “Instead, they tried to bury…

House Judiciary Rejects Vote To Subpoena Banks CEOs For Epstein Case

2025/09/18 08:02

Topline

House Judiciary Committee Republicans blocked a Democrat effort Wednesday to subpoena a group of major banks as part of a renewed investigation into late sex offender Jeffrey Epstein’s financial ties.

Congressman Jim Jordan, R-OH, is the chairman of the committee. (Photo by Nathan Posner/Anadolu via Getty Images)

Anadolu via Getty Images

Key Facts

A near party-line vote squashed the effort to vote on a subpoena, with Rep. Thomas Massie, R-Ky., who is leading a separate effort to force the Justice Department to release more Epstein case materials, voting alongside Democrats.

The vote, if successful, would have resulted in the issuing of subpoenas to JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Deutsche Bank CEO Christian Sewing and Bank of New York Mellon CEO Robin Vince.

The subpoenas would have specifically looked into multiple reports that claimed the four banks flagged $1.5 billion in suspicious transactions linked to Epstein.

The failed effort from Democrats followed an FBI oversight hearing in which agency director Kash Patel misleadingly claimed the FBI cannot release many of the files it has on Epstein.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here.

Crucial Quote

Dimon, who attended a lunch with Senate Republicans before the vote, according to Politico, told reporters, “We regret any association with that man at all. And, of course, if it’s a legal requirement, we would conform to it. We have no issue with that.”

Chief Critic

“Republicans had the chance to subpoena the CEOs of JPMorgan, Bank of America, Deutsche Bank, and Bank of New York Mellon to expose Epstein’s money trail,” the House Judiciary Democrats said in a tweet. “Instead, they tried to bury it. Every Republican except one voted against the subpoena.”

Further Reading

Can FBI Release Full Epstein Files? Why Kash Patel’s Claims Are Misleading (Forbes)

Source: https://www.forbes.com/sites/antoniopequenoiv/2025/09/17/house-judiciary-republicans-reject-vote-to-subpoena-major-banks-in-epstein-case/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Bitcoin Has Taken Gold’s Role In Today’s World, Eric Trump Says

Bitcoin Has Taken Gold’s Role In Today’s World, Eric Trump Says

Eric Trump on Tuesday described Bitcoin as a “modern-day gold,” calling it a liquid store of value that can act as a hedge to real estate and other assets. Related Reading: XRP’s Biggest Rally Yet? Analyst Projects $20+ In October 2025 According to reports, the remark came during a TV appearance on CNBC’s Squawk Box, tied to the launch of American Bitcoin, the mining and treasury firm he helped start. Company Holdings And Strategy Based on public filings and company summaries, American Bitcoin has accumulated 2,443 BTC on its balance sheet. That stash has been valued in the low hundreds of millions of dollars at recent spot prices. The firm mixes large-scale mining with the goal of holding Bitcoin as a strategic reserve, which it says will help it grow both production and asset holdings over time. Eric Trump’s comments were direct. He told viewers that institutions are treating Bitcoin more like a store of value than a fringe idea, and he warned firms that resist blockchain adoption. The tone was strong at times, and the line about Bitcoin being a modern equivalent of gold was used to frame American Bitcoin’s role as both miner and holder.   Eric Trump has said: bitcoin is modern-day gold — unusual_whales (@unusual_whales) September 16, 2025 How The Company Went Public American Bitcoin moved toward a public listing via an all-stock merger with Gryphon Digital Mining earlier this year, a deal that kept most of the original shareholders in control and positioned the new entity for a Nasdaq debut. Reports show that mining partner Hut 8 holds a large ownership stake, leaving the Trump family and other backers with a minority share. The listing brought fresh attention and capital to the firm as it began trading under the ticker ABTC. Market watchers say the firm’s public debut highlights two trends: mining companies are trying to grow by both producing and holding Bitcoin, and political ties are bringing more headlines to crypto firms. Some analysts point out that holding large amounts of Bitcoin on the balance sheet exposes a company to price swings, while supporters argue it aligns incentives between miners and investors. Related Reading: Ethereum Bulls Target $8,500 With Big Money Backing The Move – Details Reaction And Possible Risks Based on coverage of the launch, investors have reacted with both enthusiasm and caution. Supporters praise the prospect of a US-based miner that aims to be transparent and aggressive about building a reserve. Critics point to governance questions, possible conflicts tied to high-profile backers, and the usual risks of a volatile asset being held on corporate balance sheets. Eric Trump’s remark that Bitcoin has taken gold’s role in today’s world reflects both his belief in its value and American Bitcoin’s strategy of mining and holding. Whether that view sticks will depend on how investors and institutions respond in the months ahead. Featured image from Meta, chart from TradingView
Share
NewsBTC2025/09/18 06:00
Share
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Share