Ranking Member Raskin’s Statement on New Lawsuits Targeting Major Banks Over Epstein Ties, One Week After Judiciary Democrats Launch Investigation

Washington, D.C. (October 15, 2025)—Rep. Jamie Raskin, Ranking Member of the House Committee on the Judiciary, issued the following statement after new lawsuits were filed against Bank of America and Bank of New York Mellon over their financial ties to Jeffrey Epstein—just one week after Judiciary Committee Democrats initiated an investigation into the banks’ handling of more than $1.5 billion in suspicious transactions linked to Epstein’s sex trafficking operation.

“New lawsuits against Bank of America and BNY Mellon allege their systematic failure to report suspicious activity around Jeffrey Epstein's sex trafficking operation caused massive harm to victims.

“A week before these filings, we demanded this very information, asking why banks, for years, processed $1.5 billion in Epstein-linked transactions without flagging them and filing reports required by law. 

“We stand with survivors in exposing the truth about the enablers and co-conspirators of this decades-long, international human trafficking ring.” 

Click here to learn more about Committee Democrats’ probe.