Senator Wyden Demands IRS Probe Epstein $1.5B Financial Network
Senator Wyden Demands IRS Probe Epstein $1.5B Financial Network

Senator Wyden Demands IRS Probe Epstein $1.5B Financial Network

News summary

Senator Ron Wyden has uncovered a previously undisclosed Treasury Department file revealing over $1.5 billion in transactions linked to Jeffrey Epstein's sex trafficking operations, including 4,700 wire transfers from a single bank. Wyden criticized the Trump administration for obstructing his committee's access to these records and expressed concern over the IRS's failure to audit or investigate more than $158 million in payments from billionaire Leon Black to Epstein for alleged tax planning, suspecting these payments may have been related to illicit activities. Wyden has formally requested answers from the IRS Commissioner Billy Long, demanding audits or investigations of Epstein's tax-related work and whether the agency has assessed the full scope of Epstein's services. He highlighted that Epstein lacked professional qualifications in accounting or tax law, raising questions about why such significant transactions were never scrutinized. The investigation has become more urgent following the Trump administration's refusal to release additional information from the "Epstein Files" and its conclusion that no further inquiry was necessary. Trump, who had a long-standing friendship with Epstein, has urged the public and media to move on from the case, while Wyden continues to push for transparency and accountability regarding Epstein's financial dealings.

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