House Oversight transcript says JPMorgan Chase executive Jes Staley shared confidential bank information with Jeffrey Epstein

Jes Staley, a former JPMorgan Chase executive, told the U.S. House Oversight Committee that he repeatedly shared confidential and market-sensitive bank information involving Jeffrey Epstein, according to a transcript released by the committee on Wednesday. The transcript also states that Staley was at one point named a trustee of Epstein’s estate.

The committee’s document presents Staley’s account in his testimony, describing contact and information-sharing practices that lawmakers characterized as involving nonpublic banking material. The reporting on the transcript says Staley also described being connected to Epstein’s estate through a trustee role at some point.

Staley’s testimony and the committee’s release come as House investigators have examined how financial institutions and senior executives handled relationships tied to Jeffrey Epstein, a convicted sex offender whose case has generated multiple government inquiries and court proceedings. The committee release adds a further dimension by focusing on the disclosure of confidential and market-sensitive information rather than only on personal dealings.

According to the account described in the report, Staley told lawmakers that he shared information that was treated as confidential within banking operations and that could be sensitive to markets. The transcript also indicates that Staley’s role included being named to the trustee position of Epstein’s estate, tying the executive’s testimony to both information flow and estate administration.

The practical stakes for the Oversight Committee are related to financial oversight and compliance. If executives transmit confidential, market-sensitive information to third parties, it can raise concerns about internal controls, bank governance, regulatory compliance, and potential impacts on how information is handled within the banking system.

The transcript release also underscores the committee’s continuing focus on bank conduct and the adequacy of supervision during the period in question. While the report describes the committee’s interest in the information-sharing described by Staley, the full legal and factual implications depend on the committee record and any related judicial findings.

Next steps would include review of the full transcript and any follow-on requests or referrals that the Oversight Committee may pursue based on the testimony. The report indicates that the committee has used Staley’s statements as part of its public record, but it does not, in the materials provided here, specify additional actions taken as a result.