Bank of America's dealings with Leon Black and Jeffrey Epstein are in the Senate's crosshairs

• A Senate committee is asking Bank of America about payments from Leon Black to Jeffrey Epstein.
• The Senate is investigating tax avoidance strategies used by the mega-rich, The New York Times reports.
• The transactions were "lawful," a spokesman for Black told BI.

A Senate committee investigating $158 million in payments that private equity investor Leon Black made to Jeffrey Epstein has brought Bank of America into the mix.