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Trump appointee leading $205bn US agency had personal ties to Epstein, emails show

Trump appointee leading $205bn US agency had personal ties to Epstein, emails show

Summary

Ben Black leads the US Development Finance Corporation (DFC), which manages government investments abroad. Emails and records show he had personal and business connections with Jeffrey Epstein, although Black denies wrongdoing. President Trump appointed him to this influential role, which manages up to $205 billion in investments.

Key Facts

  • Ben Black heads the DFC, a US government agency investing overseas with a $205 billion lending limit.
  • Records show Black had ties to Jeffrey Epstein, including investing in a company with Epstein and receiving advice from him.
  • Black denies any personal or professional relationship with Epstein.
  • The DFC’s lending limit was recently tripled, expanding Black’s control over taxpayer funds.
  • Black was confirmed by the Senate for his position during President Trump’s administration.
  • Other Trump appointees, like Howard Lutnick, also had connections to Epstein but have not been accused of wrongdoing.
  • The DFC was created under President Trump to increase US investment abroad and counter China’s influence.
  • Black coauthored an essay advocating a pro-market approach to foreign aid before his appointment.
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