Senator Warren Presses Barclays on Staley-Epstein Ties
Elizabeth Warren's private letter highlights an alleged failure to investigate the former CEO's relationship with Jeffrey Epstein.
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US Senator Elizabeth Warren has sent a private letter to Barclays chair Nigel Higgins, questioning the bank's handling of former CEO Jes Staley's relationship with the late sex offender Jeffrey Epstein.
Warren claimed Barclays showed an 'apparent failure to meaningfully investigate' ties between Staley and Epstein. She said it was 'deeply unclear how Barclays failed to uncover this decades-long relationship.'
Staley is scheduled to be questioned by the US House Committee on Oversight and Reform on Thursday in a closed-door interview. The committee is investigating Epstein's network.
According to House Oversight Chair James Comer, Staley defended Epstein and encouraged JPMorgan Chase to retain him despite internal red flags. Staley spent more than three decades at JPMorgan before joining Barclays in 2015, according to reports.
Epstein died in prison in August 2019 while awaiting trial on child sex-trafficking charges.
Politics Correspondent · Talivio News
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Sources
- — US senator wants urgent answers from Barclays over Jes Staley’s ties to Jeffrey Epstein (opens in a new window)
- — Former Barclays boss Jes Staley to face US House panel on Epstein (opens in a new window)
- — Former Barclays CEO Jes Staley faces US congressional panel over Epstein ties (opens in a new window)
- — House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties (opens in a new window)
- — House Oversight Committee to interview Epstein's former private banker (opens in a new window)