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Goldman Sachs general counsel Kathryn Ruemmler will resign after her ties to Jeffrey Epstein raised internal concerns, and she has been called to testify before the House Oversight Committee. Ruemmler acknowledged a professional relationship with Epstein but denied representing him or knowing of unlawful activity.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street
00:02Goldman Sachs' departing general counsel, Catherine Ruemmler, has been asked to testify
00:07before the House Oversight Committee over her ties to Jeffrey Epstein, according to the Wall
00:12Street Journal. Ruemmler said she will resign from Goldman Sachs later this year after revelations
00:16about her relationship with Epstein raised concerns inside the bank. Ruemmler said she
00:21had a professional relationship with Epstein and shared a client with him, but did not represent
00:26or advocate for him. She said he occasionally sought her advice, that she regretted knowing
00:30him, and that she had no knowledge of any unlawful activity on his part. The Wall Street Journal
00:35reported in 2023 that Ruemmler was among powerful individuals who regularly met with Epstein
00:41after he pleaded guilty to soliciting a minor for prostitution. The bank and Chief Executive
00:46David Solomon have continued to support her. For all things money, visit benzinga.com.
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