Trump Tariffs Major GOP Revolt, ‘Made in Europe’ Standoff, More
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A UK government-owned investment firm has halted its relationship with global ports giant DP World over the CEO's alleged ties to Jeffrey Epstein. It comes after Canada's second largest pension fund also suspended future investment plans with DP World. With more, here's Bloomberg's Chris Pitt.
Both firms took the decision after emails released by the U.S. Justice Department and others obtained by Bloomberg News last summer showed that DP World CEO Sultan Ahmed bin Sulaim corresponded with Epstein for more than a decade after Epstein's jail sentence in 2008 on charges that included procuring a minor for prostitution. A spokesperson for DP World wasn't immediately available for comment. Meanwhile, neither Bin Salaam nor representatives for DP World responded to repeated requests for comments on a Bloomberg News investigation about the email exchanges. In London, Chris Pitt, Bloomberg Radio.
The latest revelations come as the fallout from the release of the Epstein files continues to reach across governments, companies and universities. US Attorney General Pam Bondi yesterday revealed that there are pending investigations by the US Justice Department related to the probe of the late disgraced financier Jeffrey Epstein. During a congressional hearing on Wednesday, Bondi said in a response to a question about whether there were any additional Epstein-related prosecutions planned, that we have pending investigations in our office, but did not elaborate. And during that same hearing, New York Congressman Jerry Nadler tried to ask Bondi how many men connected with Epstein have been indicted.
How many perpetrators are you even investigating?
First, you showed a, I find it. How many have you indicted? Excuse me, I'm going to answer the question.
Answer my question.
No, I'm going to answer the question the way I want to answer the question.
No, you're going to answer the question the way I asked it.
Chairman Jordan, I'm not going to get in the gutter with these people, but I'm going to answer the question. How many have you indicted?
The exchange between Nadler and Pam Bondi came as Columbia University said that it admitted a student to its dental school via what it called a regular process that coincided with fundraising solicitations by former faculty and alumni to disgrace financier Jeffrey Epstein. That revelation came after Bloomberg reported on a years-long chain of communication between Epstein's camp and senior members of the Columbia dental faculty.
The Republican-led US House of Representatives has passed legislation aimed at ending President Trump's tariffs on Canada. The move signals growing anxiety over the White House's economic agenda ahead of midterm election campaigns that are expected to focus on affordability issues. President Trump can still veto the bill, meaning the vote was largely symbolic and a way to get lawmakers on the record regarding their support for tariffs on Canadian goods. Here's our senior US government editor, Derek Wolbank.
How are recent events affecting DP World's investments?
these votes sort of represent an increase in political pressure on the president to change course just months before the midterm elections. They also, though, represent a big difficulty for some swing district Republicans whose districts may be heavily affected by tariffs, but who have to face a very real question about whether or not they want to cross the president on his signature issue.
Derek Walbank was speaking. As sources have told Bloomberg, President Trump is privately considering quitting the US-Mexico-Canada trade pact that he signed during his first term.
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