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International Business Times UK
International Business Times UK
Politics
Marty Vergel Baes

Trump Sparks DOJ Probe Into Epstein's Connections With Clinton and Major Banks

President Donald Trump participates in the swearing-in ceremony for U.S. Ambassador to China David Purdue, Wednesday, May 7, 2025, in the Oval Office. (Official White House Photo by Molly Riley) (Credit: Wikimedia Commons)

The wheels of Washington justice may soon turn anew: Donald Trump has called on the United States Department of Justice (DOJ) to launch a probe into alleged ties between Jeffrey Epstein, Bill Clinton, and major banks—the fallout of which could ripple far beyond courtroom doors.

Trump Directs DOJ To Investigate Epstein Network

Mr Trump took to social media to demand that Attorney‑General Pam Bondi and her department, working with the Federal Bureau of Investigation, investigate Epstein's 'involvement and relationship with Bill Clinton, Larry Summers, Reid Hoffman, JP Morgan Chase, and many other people and institutions, to determine what was going on with them, and him.'

According to reports, the DOJ has appointed US Attorney Jay Clayton for the Southern District of New York to lead the case.

This directive follows the release of thousands of pages of documents linked to Epstein's estate and new scrutiny of how financial institutions and political figures may have interacted with the disgraced financier, a report revealed.

Why the Focus on Epstein, Clinton, and the Banks

Epstein, who died in jail in 2019 while awaiting trial, maintained relationships with high‑profile individuals and institutions that have long raised questions.

According to a Business Insider article, the financial firm JPMorgan Chase & Co. has already faced legal action for its ties to Epstein and recently settled claims with survivors for hundreds of millions of dollars.

Meanwhile, the focus on Bill Clinton stems from flight logs showing his travel on Epstein's aircraft and social ties that have become politically toxic.

Human Stakes and Political Pressure

For victims of Epstein's trafficking network, this new investigation could represent fresh hope for accountability. Until now, advocates say, meaningful outreach from federal authorities has been lacking, The Guardian reported.

At the same time, critics argue the move may serve political ends: Trump is redirecting attention from his own past association with Epstein and the release of documents that have raised awkward questions about his involvement.

The human consequence here is not just about big names—it's about whether victims receive justice, whether powerful institutions are held to account, and whether public trust in the justice system holds up under scrutiny.

What Comes Next and What It Means

Attorney‑General Bondi's public statement that the DOJ will 'pursue this with urgency and integrity to deliver answers to the American people' signals the seriousness with which the department claims to be treating the directive.

Yet previous DOJ and FBI memos concluded that there was no 'client list' of Epstein allies or credible evidence of blackmail involving uncharged third parties.

That contradiction raises a key question: Is this investigation primarily about uncovering truth, or managing optics?

If the probe expands to banks and political figures, it could trigger a cascade of legal challenges, institutional investigations, and political fallout.

At the same time, for survivors and advocates, the potential for new evidence or renewed prosecutions may be a chance to finally shift the narrative.

Accountability and the Road Ahead

Trump's directive to the DOJ to probe Epstein's connections with Bill Clinton and major banks casts a spotlight not just on alleged wrongdoing but on the accountability of the powerful.

The real-world effects for victims, financial institutions, political trust, and the justice system may prove far more consequential than headlines alone suggest.

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