House Epstein Probe Amps Up, Alphabet’s 100-Year Bond, More
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The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
News when you want it with Bloomberg News Now. I'm Karen Moscow. The Justice Department is facing new pressure to release more information about its investigation into Jeffrey Epstein. The lawmakers who sponsored the bill to compel the agency to unseal its documents were able to review the unredacted files. Republican Thomas Massey says what he saw could lead to more criminal prosecutions.
The user interface is a little clunky at first, but what I saw that bothered me were the names of at least six men that have been redacted that are likely incriminated by their inclusion in these files.
Republican Thomas Massey was joined by Democrat Ro Khanna. He described those six men as, quote, very powerful people who raped these underage girls. Meanwhile, on Capitol Hill, Jeffrey Epstein's convicted former girlfriend, Ghislaine Maxwell, appeared for a video deposition before the House Oversight Committee, but it didn't last long.
At any point during your personal relationship with Jeffrey Epstein, were you aware that Mr. Epstein was sexually abusing minors and adult women? I would like to answer your question, but on the advice of counsel, I respectfully decline to answer this question and any related questions.
Ghislaine Maxwell repeatedly invoked the Fifth Amendment during the five-minute hearing. It led the oversight panel's top Democrat, Robert Garcia, to ask, who is she protecting? In related news, in the UK, Keir Starmer shored up his position as prime minister at the end of a dramatic day in Westminster that at times seemed like he might be forced to step down. Figures across the governing Labour Party told Bloomberg that Starmer appeared to be safe in the immediate term after he secured the public support of every cabinet minister. The source of Starmer's latest woes are his controversial appointment in late 2024 of Peter Mandelson to serve as Britain's U.S. ambassador, despite his known ties to Jeffrey Epstein.
To Arizona now, where the investigation into the disappearance of Today Show co-host Savannah Guthrie's mother, Nancy, has entered the second week. A ransom deadline set by the 84-year-old's purported abductors apparently passed last night. Savannah Guthrie released a video saying her family is at an hour of desperation.
No matter where you are, even if you're far from Tucson, if you see anything, you hear anything, if there's anything at all that seems strange to you, that you report to law enforcement.
Investigators believe Nancy Guthrie was taken against her will from her home. There is growing concerns about her health due to her need for daily medication and pre-existing medical conditions. Meanwhile, the FBI says it is not aware of ongoing communication between Savannah Guthrie's family and suspected kidnappers. House Republicans have advanced a procedural motion to block a vote on President Trump's tariff agenda, potentially delaying a politically uncomfortable vote on his most prominent economic policy until at least July. The motion will be taken up by the chamber this week. House Speaker Mike Johnson said he expected the rule would be approved. The U.S. Environmental Protection Agency plans this week to repeal a policy that provides the legal foundation for a raft of rules regulating greenhouse gas emissions.
What new information is emerging from the Epstein investigation?
It would mark President Trump's most consequential retreat from the fight against climate change. Sources tell Bloomberg a move to scrap the Obama-era endangerment finding, a 2009 scientific determination that greenhouse gases endanger human health and welfare, is expected as early as tomorrow. The policy underpins rules including federal emission standards for cars and trucks. Turning to the markets now, and trading begins this morning with stocks at or near record highs.
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