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The Latest Breaking News from Larry Summers

Trump orders investigation into alleged Jeffrey Epstein ties to Bill Clinton and major banks

Trump has ordered Justice chief Pam Bondi to launch an investigation into links between prominent Democrats, including former US President Bill Clinton, and convicted sex trafficker Jeffrey Epstein after new emails released by Congress.

Euronews

Jeffrey Epstein and Larry Summers’s exchanges depict relationship as confidants, emails reveal

The child sex offender and the former US treasury secretary shared personal views about politics and relationships

The Guardian - US

Emails reveal Jeffrey Epstein and associate discussed ‘girls’ and travel

Revealed: disclosure comes at same time US justice department downplaying possibility that other men involved in Epstein’s abuse

The Guardian - US

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‘Monsters know monsters’: Jeffrey Epstein said he has never met a person ‘as bad as Trump’ — called him ‘evil beyond belief’ in new emails

When a man synonymous with evil calls someone else “evil beyond belief,” the moral floor drops another ten feet. Newly released emails from Jeffrey Epstein reveal the truth about buddy Donald Trump, worthy of investigation.

The Mary Sue

Epstein kept close eye on Trump even after friendship soured, newly released emails reveal

Documents show staff kept Epstein informed of Trump’s air travel – and Epstein kept up with news about former friend

The Guardian - US

Jeffrey Epstein’s creepy reach in DC extended far beyond Trump — and email receipts reveal all

NEWS ANALYSIS: Emails to political luminaries and D.C. mainstays makes clear: Epstein’s influence crossed the breadth of Washington’s political spectrum, writes John Bowden

The Independent UK

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

“And by broadening the concept to fixing and moving as well as making things, I think it becomes a more plausible and a more inclusive concept.”

Fortune

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Trump asks 9 colleges to commit to his political agenda and get favorable access to federal money

The White House is asking nine major universities to commit to President Donald Trump’s political priorities in exchange for more favorable access to federal money

The Independent UK

Short Seller Jim Chanos Says 'China Should NOT Be The Standard' For Financial Reporting As Trump Pushes For Getting Rid Of Quarterly System

Veteran short seller Jim Chanos has sharply criticized the notion of adopting Chinese financial reporting standards in the U.S., saying that the Asian country should “NOT” be a benchmark for financial reporting in the U.S.

Benzinga

Top analyst who once feared 'the end of capitalism' rips French and British boomers for sabotaging Gen Z futures

"Inter-generational tension is not just because boomers have got rich from QE driving asset prices higher, especially housing," Albert Edwards wrote on LinkedIn.

Fortune

How the midlife crisis was replaced by a decadelong rise in 'young worker despair' in the U.S.—and what it means for Gen Z

The midlife "hump" of despair used to be "one of the most important patterns in the world," says Dartmouth's David Blanchflower. But something else has taken its place.

Fortune

Scott Bessent Calls Tariffs A 'Melting Ice Cube,' Says They Could Disappear As Trade Rebalances

U.S. Treasury Secretary Scott Bessent described America's reciprocal tariffs as a “melting ice cube,” suggesting they could be reduced or eliminated if the nation's trade deficit narrows.

Benzinga

After Trump sacks BLS boss, Democrats fear these seven words the most - Roll Call

President Trump's declaration that "we need people that we can trust" after his firing of the BLS commissioner has left Democrats shaken.

Roll Call

White House officials rush to defend Trump after shaky economic week

US trade representative says ‘the president is the president’ after firing of labor statistics chief amid slow job growth

The Guardian - US

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We Got This Covered

‘Never had the privilege ’: Trump’s denial machine backfires as he mourns not experiencing the very thing he claims to condemn

Donald Trump's odd comment caught the attention of netizens who proceeded to call him out.

Kiplinger

What CEOs Say About President Trump and Fed Chair Powell

Top opinion-shapers and decision-makers are expressing mixed views on the evolving conflict between the White House and the central bank.

Latin Times

Trump Reveals Bill Clinton Visited Epstein Island 28 Times Despite Claims That No 'Client List' Exists

President Donald Trump attempted to subvert attention from himself by telling reporters that President Bill Clinton visited the island of disgraced financier Jeffrey Epstein 28 times.

The Independent UK

‘I never went to that island,’ Trump says of Epstein’s underage getaway as he tells reporters to talk about Bill Clinton

Trump is visiting his golf courses in Scotland as questions continue to swirl around his former ties to dead pedophile Jeffrey Epstein

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Fortune

Elon Musk and some Democrats like Reid Hoffman actually share common ground on U.S. debt

LinkedIn cofounder and top Democratic donor Reid Hoffman said he's "very sympathetic" to Musk's core cause of reining in deficits.

Benzinga

Scott Bessent Slams Larry Summers' '2,000 Days Of Death' Remark On Trump Tax Plan: Demands Apology Over 'Callous' TV Comment

Treasury Secretary Scott Bessent criticized former Treasury Secretary Larry Summers on Monday, calling his recent television comments about Trump’s tax legislation “shockingly callous” and demanding a public apology.

The Independent UK

Ex-Treasury secretary pans Congress for passing Trump’s ‘shameful’ megabill he says will hurt economy

Summers notes that cuts to SNAP and Medicaid could kill thousands while saying GOP tax cuts will mostly benefit wealthy Americans

The Conversation

Sexism in science: 7 women whose trailblazing work shattered stereotypes

Seven women were part of a trailblazing network of feminist scientists in the 1970s, 1980s, and 1990s in the Boston area in the US. Christa Kuljian is a science writer and historian of science who focuses much of her research on issues of science and society, gender and race. She…

Fortune

Top economist Larry Summers is highly concerned U.S. Treasuries were trading 'like those of an emerging market nation'

In a wide ranging interview with Fortune, the former Treasury Secretary also says we're already seeing the first signals of a possible recession.

The Independent UK

Ex-treasury secretary predicts recession with 2 million more Americans unemployed

Larry Summers, who held the post during the presidency of Bill Clinton, is sounding the alarm over the impact of Donald Trump’s tariffs

Latin Times

Trump Admin is Leaving Countries Looking to Negotiate on Read, Nations Claim

Donald Trump said the purpose of the tariffs is getting countries to the negotiating table, but many are saying their requests are not being answered

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