Goldman Sachs lawyer Kathy Ruemmler set to face – Business News
Goldman Sachs’ outgoing normal counsel Kathryn Ruemmler was requested Tuesday to testify earlier than the House Oversight Committee about her ties to Jeffrey Epstein, escalating a congressional probe into the late financier and intercourse offender’s elite community.
House Oversight Committee Chairman James Comer (R-Ky.) wrote in a letter reviewed by The Post that the panel believes Ruemmler holds key insights for its wide-ranging Epstein investigation.
She was set to seem for the congressional grilling on April 21. It would come after high-profile appearances from Bill and Hillary Clinton final week earlier than the committee.
Ruemmler is set to seem for the congressional grilling on April 21. It comes after a high-profile look from Bill and Hillary Clinton final week earlier than the committee. NBCU Photo Bank/NBCUniversal through Getty Images
The existence of the letter was first reported by the Wall Street Journal.
The Post has approached a rep for Ruemmler for remark. A Goldman Sachs spokesperson declined to remark.
Ruemmler, a former Obama White House counsel, introduced final month that she would step down from Goldman later this 12 months amid mounting revelations about her Epstein connections.
She maintains the connection was purely skilled — sharing a consumer and infrequently advising him — however that she regrets realizing the financier who died in jail in 2019 whereas awaiting a intercourse trafficking trial.
Ruemmler’s title surfaced in reporting by the Journal as one of Epstein’s closest post-conviction regulars, regardless of his 2008 guilty plea to soliciting a minor for prostitution.
Epstein listed her as backup executor in a 2019 draft of a will, known as her the night time of his arrest, and exchanged chatty emails laced with luxurious presents — tens of 1000’s of {dollars} in wine, purses, and more.
Jeffrey Epstein died by suicide in jail as he awaited trial on expenses of intercourse trafficking minors Courtesy of Ross Catanzarite
She dubbed the creep “Uncle Jeffrey” and “sweetie,” describing him as “another older brother” in a single missive.
Ruemmler joined Goldman in 2020 after disclosing the connection to executives, who mentioned they carried out due diligence and had been “satisfied.”
CEO David Solomon stood by her, calling her an “excellent lawyer” amid a media firestorm that was sparked by a Justice Department doc dump concerning the lifeless pedophile.
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But the continued drip of unfavorable tales fueled unease among the many financial giant’s companions, along with her position seen as a distraction, in accordance to Bloomberg.
“I made the determination that the media attention on me, relating to my prior work as a defence attorney, was becoming a distraction,” Ruemmler mentioned of her deliberate June 30 exit to the Financial Times.
Her resignation marks high-profile Wall Street fallout from Epstein’s relationships with the elite of world finance, politics, and business.
Former President Bill Clinton appeared alongside his spouse, ex-Secretary of State Hillary Clinton, earlier than the Oversight Committee. through REUTERS
Britain’s Peter Mandelson misplaced his plum position because the UK ambassador to the United States after recent info emerged about his relationship with the shady financier.
Ruemmler’s testimony may make clear his entry to energy gamers on each side of the Atlantic, after the pair was discovered to be sharing their ideas on media strategy and profession advice of their prolonged correspondence.
Epstein’s 2019 death — ruled a suicide however dogged by conspiracy theories — adopted his arrest on expenses of working a sex-trafficking ring involving minors. His British madam, socialite Ghislaine Maxwell, is presently serving a 20-year time period on related expenses.
Ruemmler’s White House stint underneath Obama burnished her elite resume, main to a stint on the prestigious law firm Latham & Watkins earlier than she joined Goldman.
