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Senate report: Banks knew of Epstein transactions for years before reporting

Democrats allege JPMorgan Chase, Bank of America and Deutsche Bank ignored suspicious activity until 2019

AI-assisted coverage comparison, editor-supervised · How this was made

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Senate report: Banks knew of Epstein transactions for years before reporting

What this story says

  • A Senate report alleges JPMorgan Chase, Bank of America and Deutsche Bank knew of suspicious Epstein transactions from 2002 but did not report them until 2019.
  • The report, released by Sen. Ron Wyden, says bankers failed to file suspicious activity reports to the Treasury Department as required by law.
  • Deutsche Bank and Bank of America responded to the report; JPMorgan Chase did not comment.
  • Democrats are calling for a Justice Department investigation into the banks’ reporting delays.

Who covered it

Left 46%(12)Centre 19%(5)Right 35%(9)

Percentages are shares of the 26 outlets carrying a published leaning rating. 9 of the 35 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .

Trust

52/100

Craft

54/100

Hype

25/100

35 sources · methodology

Missing from the right

Only 9 of the 26 outlets with a published leaning rating that ran this story are rated right.

A reader who follows the right would not have seen this. We report the absence rather than explain it: outlets choose what to cover for many reasons, and we have no evidence about which one applies here.

A report from the Senate Finance Committee, released by Sen. Ron Wyden on 4 August 2026, alleges that more than a dozen bankers at JPMorgan Chase, Bank of America and Deutsche Bank were aware of suspicious transactions by Jeffrey Epstein as early as 2002. The report says the banks did not file suspicious activity reports to the Treasury Department until after Epstein’s arrest in 2019 on sex-trafficking charges.

The report is based on Treasury documents, internal bank records and legal filings. It says Epstein moved more than a billion dollars through thousands of transactions over nearly two decades. Under the Bank Secrecy Act, banks are required to report suspicious transactions to federal authorities.

Deutsche Bank issued a statement regretting its historical connection to Epstein. Bank of America denied facilitating wrongdoing. JPMorgan Chase, which dropped Epstein as a client in 2013, did not respond to requests for comment. The report says JPMorgan Chase did not report suspicious transactions until six years after ending the relationship, shortly after Epstein’s arrest.

What the coverage left out

No centre- or right-rated outlet ran this story at all. None of the reports below mention the specific number of transactions or the exact timeline of when each bank first became aware of the suspicious activity, beyond the 2002 start date cited in the Senate report.

Coverage settled. We checked this 23 times and stopped on 10 Aug 2026, 11:00. The figures above are what it finished at.

How each side covered it

Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.

Left

12 rated outlets

  • The two left-rated reports led on the Senate Democrats’ allegation that banks failed to report suspicious Epstein transactions for years. NPR’s full report quoted the committee’s statement that the banks’ inaction allowed Epstein to continue moving money to victims, associates and collaborators. It also carried the banks’ responses: Deutsche Bank’s regret, Bank of America’s denial and JPMorgan Chase’s silence.
  • NPR’s report included the committee’s call for a Justice Department investigation into why the reports were not filed sooner. It also quoted the report’s language: “The bankers who needed to be asking questions didn’t ask them. Jeffrey Epstein’s crimes were hiding in plain sight.” The Georgia Public Broadcasting digest, which carried no direct quotes, summarised the report’s core allegation that banks failed to act until after Epstein’s arrest.

Centre

5 rated outlets

  • The centre-rated reports agree that a Senate Finance Committee report, led by Democrats, found major banks knew of suspicious transactions linked to Jeffrey Epstein for years before reporting them. Both note the banks involved were JPMorganChase, Bank of America, and Deutsche Bank. The findings cover transactions dating back to 2002, totalling over a billion dollars.
  • KPBS led on the banks’ failure to file timely suspicious activity reports under the Bank Secrecy Act. It quoted the report’s claim that banks allowed Epstein to move funds to victims and associates. The Oregonian’s digest highlighted Senator Ron Wyden’s statement that Epstein’s crimes were “hiding in plain sight.”
  • KPBS included responses from Deutsche Bank and Bank of America. Deutsche Bank said it regretted its connection to Epstein and had strengthened controls. Bank of America denied wrongdoing. Neither the digest nor the full report mentioned JPMorganChase’s response, though KPBS noted the bank had not commented.

Right

9 rated outlets

  • The right-rated digests agree that a Senate report accused JPMorgan Chase, Deutsche Bank and Bank of America of failing to report suspicious transactions linked to Jeffrey Epstein for years. They also agree the report alleges Epstein moved about $1 billion through these banks.
  • Six of the nine digests led on the banks’ alleged role in enabling Epstein’s financial activities. Four named Senator Ron Wyden as the report’s author. Three specified that the report followed a four-year investigation. None of the digests mentioned the names of Epstein’s victims or quoted them directly.
  • Five digests described Epstein as a “notorious pedophile.” Three used the phrase “turned blind eye” in their headlines. None of the digests included a response from the banks named in the report.

Questions about this coverage

How did the left and right cover Senate report: Banks knew of Epstein transactions for years before…?
Of the 26 outlets on this story carrying a published leaning rating, 46% are rated left, 19% are rated centre, 35% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 35. The sections above set out what each side emphasised, in its own terms.
Is Senate report: Banks knew of Epstein transactions for years before… left or right?
Neither side dominates it. Of the 26 rated outlets on this story, 46% are rated left, 19% are rated centre, 35% are rated right, and no side holds the 70% this site would want before calling a field one-sided. A story is not left or right in any case; the outlets that carried it are what carry ratings.
Is the coverage of Senate report: Banks knew of Epstein transactions for years before… biased?
Senate report: Banks knew of Epstein transactions for years before reporting is one event reported by 35 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
Which side is not reporting Senate report: Banks knew of Epstein transactions for years before…?
When we first saw this story, outlets rated right had barely covered it. Coverage accretes for hours after an event, so that is where to look rather than a verdict — the split above is the current count, and it is the one to read.
Which outlets covered Senate report: Banks knew of Epstein transactions for years before…?
35 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
What did the Senate report say about the banks?
The Senate Finance Committee report, released by Sen. Ron Wyden, alleges that JPMorgan Chase, Bank of America and Deutsche Bank knew of suspicious transactions by Jeffrey Epstein as early as 2002 but failed to report them to the Treasury Department until after his 2019 arrest. The report says this allowed Epstein to continue moving money for years.
How did the banks respond to the report?
Deutsche Bank issued a statement regretting its historical connection to Epstein. Bank of America denied facilitating wrongdoing. JPMorgan Chase did not respond to requests for comment, though the report notes it dropped Epstein as a client in 2013 but did not report suspicious transactions until 2019.
What happens next after the report?
Senate Democrats are calling for the Justice Department to investigate why the banks did not file suspicious activity reports sooner. They also want tighter reporting requirements for banks in the future to prevent similar cases.

Read it at the source

35 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.

Left

12
Show 4 more

Centre

5

Right

9
Show 1 more

Not rated

9
Show 1 more

How did this read?

About the coverage, not about the story. We do not ask whether you agree with what happened — we have no honest use for that answer.

Senate report: Banks knew of Epstein transactions since 2002 | MediaBias News