House Oversight Releases Staley-Epstein Testimony Transcripts

Transcripts released by the House Committee on Oversight and Government Reform on August 27, 2026, reveal that former JPMorgan Chase executive Jes Staley repeatedly shared confidential, market-sensitive bank information with the late financier Jeffrey Epstein and advocated to retain his account following Epstein's 2008 conviction for illegal sexual activity. Staley provided the testimony during a voluntary, closed-door interview with the committee on July 24, 2026, as part of its investigation into Epstein and his associate Ghislaine Maxwell.

According to the transcripts, Staley admitted to sharing details about two pending JPMorgan deals, the bank's private bank inflows of $44 billion over a two-week period, and his own compensation with Epstein. Staley characterized Epstein as a "smart friend" from whom he sought advice, stating he trusted Epstein not to use the information for personal gain. He also disclosed that he informed Epstein the bank had designated him a high-risk client and that he had sought to have that categorization reviewed, noting Epstein made important referrals that generated over $100 million for the bank.

Staley testified that he spoke with then-JPMorgan...