US Senate Investigates JPMorgan's Ties to Epstein

JPMorgan shares are under pressure amid political news. Democrats on the US Senate Banking Committee plan to investigate the bank's ties to Jeffrey Epstein in the new Congress.

Wall Street's largest banks prepare for major investigations following Democratic election victories. In January, they will gain powers to request documents and summon bank executives to hearings.

Regulators are focusing on the following aspects of financial institutions' activities:

• inflated banking fees
• high interest rates on credit cards
• unfair lending practices
• mortgage accessibility
• weakened consumer protections under Trump