Kathy Ruemmler, a prime lawyer at Goldman Sachs and a former White House counsel to Barack Obama, introduced her resignation on Thursday. The transfer follows the emergence of emails with convicted intercourse offender Jeffrey Epstein, which reportedly confirmed an in depth relationship the place she described him as an “older brother” and appeared to downplay his intercourse crimes.
Ruemmler confirmed she would “step down as Chief Legal Officer and General Counsel of Goldman Sachs as of June 30, 2026.”
She had beforehand tried to distance herself from the correspondence, having been defiant about not resigning from the senior authorized submit she held since 2020.
While Ruemmler has lately known as Epstein a “monster,” her relationship with him was markedly totally different earlier than his 2019 arrest for intercourse crimes and subsequent loss of life by suicide. Emails reveal she referred to Epstein as “Uncle Jeffrey” and said she adored him.
In an announcement earlier than her resignation, a Goldman Sachs spokesperson stated Ruemmler “regrets ever knowing him.”
During her time in personal observe after she left the White House in 2014, Ruemmler obtained a number of costly presents from Epstein, together with luxurious purses and a fur coat. The presents got after Epstein had already been convicted of intercourse crimes in 2008 and was registered as a intercourse offender.
“So lovely and thoughtful! Thank you to Uncle Jeffrey!!!” Ruemmler wrote to Epstein in 2018.
Historically, Wall Street frowns on gift-giving between shoppers and bankers or Wall Street legal professionals, notably high-end presents that would pose a battle of curiosity. Goldman Sachs requires its workers to get preapproval earlier than receiving or giving presents from shoppers, in accordance with the corporate’s code of conduct, partly to be able to not run afoul of anti-bribery legal guidelines.
As late as December, Goldman CEO David Solomon described Ruemmler as an “excellent lawyer” and stated she had his full religion and backing.
https://www.independent.co.uk/news/world/americas/us-politics/kathy-ruemmler-epstein-files-goldman-sachs-resignation-b2919594.html