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Ex-Deutsche Bank manager tied to Epstein leaves advisory firm without explanation: report

May 12, 2026Far Left

A former Deutsche Bank AG wealth manager connected to Jeffrey Epstein has exited a financial services firm amid questions over why he stepped down, according to a Bloomberg report on Tuesday.Stewart Oldfield left Third Lake Associates, a financial advisory and broker-deal firm that managed real estate deals, at the end of April, Bloomberg reported. Regulatory filings reveal he was serving as chief executive officer and had been with the company for about two years, "making it one of the shorter employment periods in his more than two-decade finance career, filings show."Oldfield was identified in the Epstein files released by the Department of Justice, which revealed Deutsche Bank's ties to wealthy people connected to the late financier and convicted child sex offender."While the reason for his departure remains unclear, the US Department of Justice released a trove of materials earlier this year related to its investigation on Epstein," Bloomberg reported. "In them, Oldfield’s work during his tenure at Deutsche Bank, leading a team that served the late financier, was detailed in several excerpts."Deutsche Bank became Epstein's main financial firm after JPMorgan dropped him in 2013, after 15 years of working with him. According to the files, Oldfield courted the sex offender's account in 2017, where he pursued a relationship with Epstein. The bank later paid $200 million in settlements and fines, claiming deep regrets — but denying any wrongdoing.Oldfield and a Third Lake Associates representative did not respond to Bloomberg's request for comment.

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'Total disaster' at Trump's fair as scorching heat leaves 7 on 'advanced life support'

Raw Story

1 hour ago

'Total disaster' at Trump's fair as scorching heat leaves 7 on 'advanced life support'

A reporter braving a blistering heat wave at President Donald Trump's Great American State Fair described chaos at the event as paramedics raced to save attendees, with seven said to be on "advanced life support" in the hospital.Julian Andreone of Drop Site News was on the ground Friday at the fair detailing what he called a "hectic" scene."It really is hectic. It's chaotic. It's a total disaster," Andreone said. "They haven't planned for this at all."As Andreone recorded the conditions, multiple people ran past carrying cold water to help their loved ones who had fainted. During one 71-second clip, Andreone recorded two people racing past him and an ambulance arriving separately with a siren blaring."People are profusely sweating and need water," he said.Andreone reported in an X update that "7 people are on advanced life support in the hospital."In another clip from the event, Andreone points to another person lying down in the back of an EMS truck making its way across the lawn. The event had already been temporarily shut down earlier in the day as the record heat gripped Washington, with organizers planning to reopen at 5 p.m.Washington Post meteorologist Ben Noll noted on X that Washington, D.C., would be warmer than "99 percent of the planet on Friday.""Only parts of Africa's Sahara Desert, the Middle East, China's Gobi Desert and a few spots in the Desert Southwest will be hotter," Noll noted.The conditions have driven attendees to desperate measures, with one Trump supporter earlier dunking herself in a baptismal pool to escape the heat.The post caught Andreone's eye."Great time for a poorly planned and shoddily constructed fair in a wide open field with no shade," he quipped.His account matched what reporters found on the ground: a largely deserted fairground baking in triple-digit heat.Update: 7 people are on advanced life support in the hospital. Here’s a brief snippet of some of our Drop Site reporting from the ground, showing medical staff rushing to get people water and EMS crews driving around, one with a patient in the back on a gurney. https://t.co/PWu358OlbW pic.twitter.com/ItPx4W6yqE— Julian Andreone (@JulianAndreone) July 3, 2026

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Melania gives Congress private deadline as she works around Trump's team: report

Raw Story

3 hours ago

Melania gives Congress private deadline as she works around Trump's team: report

First lady Melania Trump gave Congress a private deadline to pass her signature foster care bill, and she is pursuing it largely outside the usual White House channels, according to a new report in Politico. At a bipartisan roundtable with the House Ways and Means Committee in April, the first lady publicly called foster care legislation a "moral imperative." Then, behind closed doors, she set a target, Rep. Jason Smith (R-MO) told the outlet: "I want this on Donald's desk by the August recess." The Fostering the Future Act, which expands housing, education and workforce help for young people aging out of foster care, passed the House unanimously.The Senate has not moved it out of committee, and lawmakers are set to leave Washington around Aug. 10. At a White House picnic the day the House passed the bill, both Trumps urged the Senate to hurry. "Hopefully, it will quickly pass in the Senate," the president said. He has not publicly pressed senators since.The deadline reflects a first lady who increasingly operates on her own track. Her office, not the State Department, has led her effort to reunite children displaced by the Russia-Ukraine war, negotiating directly with Moscow and Kyiv, the White House said. She has also shown a willingness to diverge from the administration's message. She broke with the White House on Epstein, calling for survivors to testify as the president's team tried to move past the scandal, and last week put her own spin on a Supreme Court ruling her husband celebrated, voicing support for the LGBTQIA+ community.A recent book recounted how she resisted Trump's overhaul of the White House grounds and lost.

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REPORT: Acting DNI Bill Pulte Fires Dozens of ODNI Staff for Politicizing Intelligence, Insubordination, Gross Misconduct

The Last Refuge

3 hours ago

REPORT: Acting DNI Bill Pulte Fires Dozens of ODNI Staff for Politicizing Intelligence, Insubordination, Gross Misconduct

The funniest part of the MSNBC report about the issue is their claim that Pulte has not been in office long enough to know who the Deep State embeds are. “I have a real question of how he would know this. This isn’t a guy who is familiar with intelligence,” said the former official, who […] The post REPORT: Acting DNI Bill Pulte Fires Dozens of ODNI Staff for Politicizing Intelligence, Insubordination, Gross Misconduct appeared first on The Last Refuge.

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Trump’s ‘ramped up’ rhetoric leaves unifying tone of July Fourth speech in question

NBC News Politics

4 hours ago

Trump’s ‘ramped up’ rhetoric leaves unifying tone of July Fourth speech in question

President Trump prepares to travel to Mount Rushmore to deliver remarks for the United States’ 250th birthday. NBC News correspondents Gabe Gutierrez and Julie Tsirkin join Meet the Press NOW to discuss what to expect from the President’s upcoming addresses and July Fourth celebrations.

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Unnerved ex-officials uncork stark analogy as Trump spy chief cleans house on 'deep state'

Raw Story

6 hours ago

Unnerved ex-officials uncork stark analogy as Trump spy chief cleans house on 'deep state'

President Donald Trump's controversial new intelligence chief is clearing house, and career officers warn the man swinging the axe doesn't know what he's cutting.Bill Pulte, Trump's loyal acting director of national intelligence, began notifying dozens of intelligence officials of their terminations Thursday, part of a downsizing Trump ordered when he installed Pulte at the office two weeks ago, MS NOW reported Friday. An intelligence official, who spoke anonymously citing fear of reprisal, told the outlet that leadership is targeting workers it believes are "deep state" and accused them of failing to hand up a complete picture of available intelligence.But former officials aren't buying his rationale. Several told MS NOW they had never heard of intelligence officers withholding information from their superiors. "The premise is absurd," one said. Another questioned how Pulte, who ran the federal housing agency and has no intelligence background, could reach such a conclusion within days of arriving.“I have a real question of how he would know this. This isn’t a guy who is familiar with intelligence,” a former official told the outlet. “How is he going to get to the bottom of this and rely on any information with a matter of fidelity? It would be like me taking over a hospital and firing dozens of surgeons in a matter of days.”The cuts follow Pulte's earlier removal of six political appointees who served under his predecessor, Tulsi Gabbard. His arrival has drawn alarm across party lines: he took the post without ever holding a security clearance, and he can stay in the acting role past November's midterms under federal vacancy rules. Critics note his office doesn't collect intelligence of its own, relying instead on the CIA, the NSA and more than a dozen other agencies to supply it.Democrats and some Republicans fear the purge is less about efficiency than about clearing out analysts who might resist Trump's election claims. The ODNI says it is providing "elite, apolitical intelligence that keeps America safe."

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MAGA reporter declares: 'Uncool' State Fair debacle is the 'end of Trump'

Alternet.org

7 hours ago

MAGA reporter declares: 'Uncool' State Fair debacle is the 'end of Trump'

On Friday, a prominent MAGA journalist called it: “The State Fair debacle is the end of @realDonaldTrump as a cultural force.”Alex Berenson – a veteran journalist who gained MAGA fame for his vocal COVID denial and voted for President Donald Trump in 2024 – posted this declaration to social media along with a photo of an almost completely empty National State Fair, at the center of which stood a mini mockup of the Commander in Chief’s crumbling triumphal arch. “Trump has always been uncool in a cool way,” Berenson continued. “He’s so in love with himself and his own awful taste you appreciate him even if you hate him. But this is just a box-office bomb, and it makes him look so old.”His dismal assessment comes amid rampant reports of the fair’s many disappointments. The event – much touted by Trump in the weeks preceding it – has been characterized by thin to nonexistent crowds, prompting the crowd-size-obsessed president to fly into a rage and fret that no one will show up to his 4th of July rally. His own supporters have called it “really disappointing,” “unnecessarily vanilla,” and “like a silent protest.” Even Fox News ditched the affair after wasting too much airtime on “live shots of empty grass.”The National State Fair is part of the wider celebrations marking the United States’ 250th birthday, which have been plagued by controversy, scandal, and failure for months. In May, the fair concert series fell apart within hours of its lineup announcement as musicians quit, saying they’d been misled about the event’s pro-Trump connotations. Somewhere along the way, Trump decided the Reflecting Pool needed to be painted, and that debacle spun out into Algaegate. This and other projects have been riddled with accusations of no-bid contracts and shady dealings. Berenson’s assertion that the end of Trump is nigh comes as the MAGA movement descends into “civil war.” The president has lost some of his most important political and media allies, like Tucker Carlson and Marjorie Taylor Greene. The ‘Relectant Right’ who played a key role in his 2024 election have soured. And even the white working-class voters who are his most loyal support base have drifted away. Overall, Trump’s approval ratings have plunged to historic lows, increasing to just 37 percent in recent days.

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Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Raw Story

8 hours ago

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

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Iran threatens response without ‘full implementation’ of US deal

The Hill News

9 hours ago

Iran threatens response without ‘full implementation’ of US deal

Iran’s Parliament Speaker Mohammad Bagher Qalibaf has warned of an Iranian response if the U.S. and Israel breach the interim peace deal, as Tehran prepares to bury its former supreme leader, Ayatollah Ali Khamenei. “We strongly demand full implementation of the agreements, and if the U.S. and the Zionist regime fail to fulfill their commitments, Iran…

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Ex-Deutsche Bank manager tied to Epstein leaves advisory firm without explanation: report

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Ex-Deutsche Bank manager tied to Epstein leaves advisory firm without explanation: report

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