American entrepreneur, investor and author
Federal prosecutors have opened a criminal inquiry into whether E. Jean Carroll lied under oath in depositions tied to two civil suits she won against Donald Trump; the probe is focusing on statements about outside funding, including donations from Reid Hoffman’s nonprofit, and is being led by the U.S. Attorney’s Office in Chicago.
The Justice Department has created an almost $1.8 billion Anti-Weaponization Fund to resolve a personal-capacity lawsuit against the IRS. Four commissioners appointed by the attorney general will administer it, with Trump retaining influence over the process. Critics warn of conflicts of interest and potential pay-outs to allies, while some lawmakers call the arrangement corrupt.
The House Oversight Committee has subpoenaed former Apollo CEO Leon Black to produce nondisclosure agreements and to return for a sworn deposition on July 16 after he declined to answer questions about NDAs during a closed-door interview. Committee chair James Comer says the NDAs may connect Black to Jeffrey Epstein; Black denies wrongdoing.