,,ii  #aaith ,,congress  #b;d ,session  
,s4 #dcch  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #af     
7legislative day1 ,april #ad71 #bjbf,mr4
 ,wyden introduced the following bill2  
which was read twice and referred to the
 ,committee on ,banking1 ,housing1 and  
,urban ,affairs  ,a ,,bill  ,to require 
the ,director of the ,financial ,crimes 
,enforcement ,network of the ,department
 of the ,treasury to carry out an       
investigation regarding whether         
financial institutions violated certain 
provisions of title #ca1 ,united ,states
 ,code1 with respect to transactions    
involving ,jeffrey ,epstein1 and for    
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,pedophile     
,financial ,accountability ,act4  #b4   
,fin,c,e,n investigation and report2    
referrals to ,attorney ,general  7a7    
,definitions ,in this section3 7#a7     
,bank ,secrecy ,act ,the term ,bank     
,secrecy ,act means subchapter ,,ii of  
chapter #ec of title #ca1 ,united       

,states ,code4  7#b7 ,director ,the term
 ,director means the ,director of       
,fin,c,e,n4  7#c7 ,employee ,the term   
employee means an employee of a         
financial institution4  7#d7 ,financial 
institution ,the term financial         
institution has the meaning given the   
term in section #ecab7;a7 of title #ca1 
,united ,states ,code4  7#e7 ,fin,c,e,n 
,the term ,fin,c,e,n means the          
,financial ,crimes ,enforcement ,network
 of the ,department of the ,treasury4   
7#f7 ,suspicious activity report ,the   
term suspicious activity report means a 
report required under section #ecah7;g7 
of title #ca1 ,united ,states ,code4    
7b7 ,investigation  7#a7 ,in general    
,the ,director shall conduct an         
investigation into potential violations 
of the ,bank ,secrecy ,act by financial 
institutions and employees relating to  
the handling of transactions involving  
,jeffrey ,epstein4  7#b7 ,requirements  
,the investigation required under       
paragraph 7#a7 shall include an         

examination of-- 7,a7 whether employees 
violated the ,bank ,secrecy ,act by     
failing to properly screen and report   
suspicious activity to ,fin,c,e,n in a  
timely manner1 as required under the    
,bank ,secrecy ,act2  7,b7 the facts and
 circumstances surrounding significant  
delays in the filing of suspicious      
activity reports1 and the significant   
underreporting of suspicious activity   
reports1 by financial institutions1     
including ,j,p,morgan ,chase and ,bank  
of ,america1 in relation to large cash  
withdrawals1 deposits1 and wire         
transfers to and from accounts          
maintained by-- 7i7 ,jeffrey ,epstein2  
or  7ii7 co-conspirators of ,jeffrey    
,epstein2  7,c7 decisions by financial  
institutions to wait substantial periods
 of time before reporting the full      
extent of suspicious activity of        
,jeffrey ,epstein to the ,department of 
the ,treasury2  7,d7 whether individual 
employees asked for any business records
 or documents substantiating the        

economic or business purpose of large   
payments made by ,jeffrey ,epstein to   
his clients1 including ,leon ,black1    
,les ,wexner1 and others2  7,e7 whether 
financial institutions ever asked any   
wealthy individuals to provide records  
substantiating claims that multi-million
 dollar payments to ,jeffrey ,epstein   
were for purported tax and estate       
planning services2  7,f7 whether        
financial institutions used authorities 
granted under section #cad7;b7 of the   
,,usa ,,patriot ,act 7#ca ,u4,s4,c4     
#ecaa note7 to screen large transfers to
 accounts maintained by ,jeffrey        
,epstein2 and  7,g7 the conduct of      
senior executives of major financial    
institutions in relation to allowing    
employees to continue working with      
,jeffrey ,epstein1 even after exiting   
,epstein as a client over money         
laundering concerns4  7c7 ,report  7#a7 
,in general ,not later than #ajj days   
after the date of enactment of this     
,act1 the ,director shall submit to     

,congress a report regarding the outcome
 of the investigation required under    
subsection 7b74  7#b7 ,permissible      
information ,notwithstanding any other  
provision of law or regulation1 the     
report required under paragraph 7#a7 may
 contain information obtained from      
suspicious activity reports filed with  
,fin,c,e,n in relation to transactions  
that moved funds in and out of accounts 
maintained by ,jeffrey ,epstein4  7d7   
,referral to ,attorney ,general ,where  
appropriate1 the ,director shall make a 
referral to the ,attorney ,general      
regarding any employee who the ,director
 determines merits further investigation
 in connection with a potentially       
willful violation of the ,bank ,secrecy 
,act or other ,federal anti-money       
laundering laws4