A bipartisan group of U.S. lawmakers has introduced legislation targeting Wall Street executives with alleged financial ties to Jeffrey Epstein, aiming to impose accountability for their roles in facilitating his operations. The measure follows criticism from Senator Elizabeth Warren, who accused Barclays of evading scrutiny over its hiring of a former executive linked to Epstein. The bank has faced scrutiny for reportedly failing to thoroughly investigate the background of the executive before his appointment. The push underscores growing political pressure on financial institutions to address past associations with controversial figures.
Move comes as Senator Elizabeth Warren condemns Barclays response to questions over ex-boss’s ties to sex offenderUS lawmakers have unveiled a new bill to hold Wall Street’s “Epstein-connected” bosses to account for helping finance the late sex offender’s crimes.It came as top Democratic senator Elizabeth Warren condemned the UK bank Barclays for “dodging responsibility” over its failure to vet former boss Jes Staley and his ties to the once well-connected billionaire. Continue reading...
