An investor who employed and was close to Jeffrey Epstein is appearing before members of Congress investigating the deceased sexual abuser.
James Comer, chairman of the House Committee on Oversight and Government Reform, said he issued two subpoenas to billionaire investor Leon Black during his appearance Friday before the panel for a transcribed interview.
California governor calls for national tax on super-wealthy and suggests the US should own a stake in AI companiesUS politics live – latest updatesCalifornia’s governor, Gavin Newsom, called for a national “billionaires tax” on Friday as he fights a ballot measure targeting the ultra-wealthy in his home state.Newsom, who is expected to run for president in 2028, published his proposal the day after California officials certified a ballot proposal to levy a one-time 5% tax on residents worth more than $1bn. The proposal, called the California Billionaire Tax Act, was brought by the Service Employees International Union-United Healthcare Workers West (SEIU-UHW) and would fund the state’s healthcare, education and food assistance programs. Continue reading...
California’s governor, who is considering a White House run, proposed an expansive national wealth tax, as well as an initiative to give Americans a stake in AI.
Leon Black reportedly refused to answer questions about the agreements in Friday's interview
The 74-year-old, worth an estimated $13.5 billion according to Forbes, paid Epstein $158 million over five years for estate and tax-planning.
California Gov. Gavin Newsom proposed a tax on America's billionaires — while remaining in steadfast opposition to the very same levy on the wealthiest in his state.
The co-founder of Apollo said he was duped by the man he hired as a financial adviser, according to remarks prepared for Congress.
Scrutiny of Black’s association with Epstein has intensified after DoJ released millions of files last year and this yearThe billionaire financier Leon Black is scheduled to appear before the House committee on oversight and reform on Friday morning as part of its investigation into Jeffrey Epstein.The interview will be conducted behind closed doors, though the committee is expected to release a transcript at a later date, as it has done with previous interviews. Continue reading...