Senate Democrats plan to investigate the banking relationship between JPMorgan Chase and Jeffrey Epstein when they take control of Congress early next year. The inquiry will focus in particular on decisions made by Mary Erdoes, the head of the bank’s asset and wealth management business. Senator Ron Wyden, who is expected to chair the Senate Finance Committee, has said he will fully use the committee’s subpoena powers. The investigation has not yet been officially announced, and JPMorgan did not immediately respond to CNBC.
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