logo
Trump defends Bondi amid backlash over Epstein files

Trump defends Bondi amid backlash over Epstein files

Khaleej Times13-07-2025
U.S. President Donald Trump defended Attorney General Pam Bondi on Saturday amid backlash against her from some of Trump's supporters over how the Justice Department handled the investigation into the death of accused sex trafficker Jeffrey Epstein and his alleged clientele.
Trump said "nobody cares about" Epstein, and that more time or energy must not be wasted on his case, as he tried to unite his base of supporters in a nearly 400-word post on Truth Social.
"What's going on with my "boys" and, in some cases, "gals?" They're all going after Attorney General Pam Bondi, who is doing a FANTASTIC JOB! We're on one Team, MAGA, and I don't like what's happening," Trump said. In a joint memo released on Monday, the FBI and Justice Department said there was no evidence to support a number of long-held conspiracy theories about Epstein's death in federal custody in 2019 and his alleged clientele.
Conservative influencers from Laura Loomer to Elon Musk have criticized Bondi and FBI Director Kash Patel for their findings, which came months after Bondi pledged to reveal major revelations about Epstein, including "a lot of names" and "a lot of flight logs."
U.S. media, including Fox News and NBC News, have reported that FBI deputy director Dan Bongino has clashed with Bondi over the issue and is considering stepping down.
Patel and Bongino, a former conservative podcaster, both previously made statements before working at the FBI about a so-called client list and often suggested that the government was hiding information about Epstein from the American public.
Monday's memo on Epstein concluded that after reviewing more than 300 gigabytes of data, there was "no incriminating client list" nor was there any evidence that Epstein may have blackmailed prominent people.
The memo also confirmed prior findings by the FBI which concluded that Epstein died by suicide in his jail cell while awaiting trial, and not as a result of a criminal act such as murder.
Epstein's death while imprisoned in New York's Metropolitan Correctional Center has ignited controversy for years.
Expectations for key revelations in his case grew when, in February, Fox News asked Bondi whether the Justice Department would be releasing Epstein's client list, and she said, "It's sitting on my desk right now to review."
On Tuesday at the White House, Bondi walked that comment back, telling reporters that she was referring to the entire Epstein "file" along with other files pertaining to the assassinations of John F. Kennedy and Martin Luther King, Jr. "That's what I meant by that," she said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Global crypto assets reach all time high as US Trump signs off on GENIUS Act
Global crypto assets reach all time high as US Trump signs off on GENIUS Act

Khaleej Times

time13 minutes ago

  • Khaleej Times

Global crypto assets reach all time high as US Trump signs off on GENIUS Act

The total market capitalisation of the global crypto market soared to a new all-time high of $3.92 trillion last week, following a pivotal moment in US regulatory progress, with the House of Representatives passing three major crypto bills during what is being referred to as 'Crypto Week'. US President Donald Trump signed into law the GENIUS Act late on Friday, regulating stablecoins in the US. This marked a huge win for crypto supporters, who have for long lobbied for a regulatory framework to gain greater legitimacy for the industry. The surge was driven largely by altcoins, which added an impressive $200 billion to their market capitalisation and saw their dominance relative to Bitcoin increase by 6 per cent. This shift has raised speculation that a new alt-season may be underway, as investor sentiment continues to strengthen beyond the traditional market leader. Bitcoin, the world's biggest crypotcurrency, climbed about 1 per cent on Monday, though it remains more than 3 per cent away from its all-time high of $123,153 hit last week. The price of Bitcoin rose in its last intraday trading, supported by the stability of the critical support at $116,500, data from showed, providing bullish momentum that assisted it to achieve limited gains, this positive trading amid the main bullish trend dominance on the short-term basis, with the continuation of its trading alongside a supportive bias line, besides the beginning of forming a positive overlapping signals on the (RSI), reinforcing the chances for the continuation of the rise on the near-term basis. 'Despite these bullish signals, the price remains facing technical pressures that come from its stability below EMA50, forming an obstacle against the quick recovery attempts, and weakens the ability to target higher resistance levels without breaching this level,' analysts wrote. One of the most notable developments was the record-breaking inflows into Ethereum spot ETFs, which saw a total of $2.18 billion in institutional investments over the week. The single biggest day was Wednesday, which recorded $726.6 million in inflows – a clear indicator of intensifying institutional interest in the second-largest cryptoasset. Ether was last trading at $3,783.2, hovering near its highest level since December 2024, according to Reuters data. Digital asset funds witnessed an all-time record inflow of $4.39 billion last week, according to data from crypto asset manager CoinShares. 'The passing of these bills could mark a turning point for crypto regulation and investor confidence, especially in altcoins with ties to the US market,' said Simon Peters, crypto market analyst at eToro. 'As Bitcoin dominance declines, investors are beginning to explore opportunities further along the risk curve.' With legislative clarity improving and institutional interest rising, the crypto market appears to be entering a new phase of growth and diversification.

Shares steady, yen up as markets unfazed by Japanese politics
Shares steady, yen up as markets unfazed by Japanese politics

Al Etihad

time3 hours ago

  • Al Etihad

Shares steady, yen up as markets unfazed by Japanese politics

21 July 2025 12:33 SYDNEY/LONDON (Reuters)European shares held steady and the yen firmed on Monday, as markets shrugged off the Japanese ruling coalition's defeat in upper house weekend elections and turned to focus on this week's US tech earnings and European Central Bank policy were also hoping for some progress in trade talks ahead of US President Donald Trump's August 1 tariff deadline, with US Commerce Secretary Howard Lutnick still confident a deal could be reached with the European were reports Trump and Chinese leader Xi Jinping were closer to arranging a meeting, though likely not until October at the earliest. European Commission President Ursula von der Leyen will meet Xi on pan-European benchmark STOXX 600 index was flat, while the UK's blue-chip FTSE 100 was up 0.1%. The euro was 0.1% higher at $ focus was on weekend news out of Japan, where the ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power as a tariff deadline vowed to stay on, which along with a market holiday, limited the reaction. The yen was 0.5% firmer at 148.065 to the dollar and up 0.3% against the euro."The loss was within the range of expectations, and actually the outlook was even more pessimistic," said Nissay Research Institute chief economist Tsuyoshi Ueno."In terms of negotiations with the US, it is easy to doubt whether a government with such a weak foundation is reliable as a negotiating partner," he added. "For the Bank of Japan, if there is political instability, it will be difficult to raise interest rates, and pressure on the yen will continue."The BOJ still has a bias to raise rates further, but markets imply little chance of a move until late the Nikkei was shut, futures traded at 39,885, up on the cash close of 39,819. MEGA CAPS KICK OFF S&P 500 futures edged 0.2% higher, while Nasdaq futures were up 0.3%. U.S. indexes are already around record highs in anticipation of more solid quarterly earnings are gearing up for a host of big tech company results this week, including Google owner Alphabet, Tesla and IBM."They are going to be key for sentiment because frankly there's not a lot else to drive things," said Michael Brown, senior research strategist at Pepperstone."We saw the banks deliver decent results last week, so you'd certainly be looking for the big tech names to keep up with that to reinforce the bull case (for equities)," he also expect upbeat news for defence groups RTX , Lockheed Martin and General Dynamics. Higher government spending around the globe has seen the S&P 500 aerospace and defence sector rise 30% this year, while defence stocks in Europe have also hit record tech news, Microsoft issued an alert about "active attacks" on server software used by government agencies and businesses, urging customers to download security euro zone government bond yields eased ahead of euro zone PMI data and the European Central Bank meeting later this week, at which it is expected to leave rates at 2% following a string of euro dipped 0.5% last week, moving off a recent near-four-year top of $1.1830. The dollar index was a fraction lower at Treasury yields fell, leaving the yield on the benchmark 10-year note down 4.5 basis points at 4.286%. Bonds got a boost late last week after Federal Reserve Governor Christopher Waller repeated his call for a rate cut this of his colleagues, including Chair Jerome Powell, have argued a pause is warranted to judge the inflationary impact of tariffs and markets imply almost no chance of a move in July. A September cut is put at 61%, rising to 80% for reticence on rates has drawn the ire of Trump who threatened to fire the Fed chief, before backing down. The spectre of a potential political appointee who would seek to ease policy sharply has investors on edge. In commodity markets, gold firmed 0.5% to $3,365 an ounce , with all the recent action in platinum, which last week hit its highest since August 2014. Stock Markets Continue full coverage

Egypt to prepare investment package for U.S. companies, says PM
Egypt to prepare investment package for U.S. companies, says PM

Zawya

time3 hours ago

  • Zawya

Egypt to prepare investment package for U.S. companies, says PM

Egyptian Prime Minister Mostafa Madbouly has directed his government to prepare a package of investment opportunities to be presented to U.S. companies, as part of efforts to strengthen economic cooperation between the two countries. The directive came during a meeting on Sunday to follow up on efforts to enhance Egypt-U.S. economic ties, according to a cabinet statement. Madbouly stressed the government's interest in bolstering the strategic and historical ties between the two nations and its keenness to overcome any obstacles to joint cooperation. He noted that there are many promising opportunities available for American companies, given the significant incentives the Egyptian government offers to foreign investors. The meeting was attended by the ministers of planning, foreign affairs, and investment, while the minister of industry and transport participated via video conference. Minister of Industry and Transport, Kamel al-Wazir, reviewed investment opportunities that have been presented to U.S. companies in sectors including ports, maritime transport, and industrial zones. Minister of Planning and Economic Cooperation, Rania Al-Mashat, discussed development cooperation with the United States, including projects funded through the U.S. Agency for International Development (USAID). Foreign Minister Badr Abdel-Aty and Minister of Investment and Foreign Trade Hassan El-Khatib also reviewed their respective ministries' efforts to support bilateral ties, trade, and U.S. investment in Egypt. At the conclusion of the meeting, Madbouly instructed all relevant authorities to coordinate on preparing the set of promising investment opportunities and to follow up on presenting them to American companies to enhance U.S. investments in Egypt.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store