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Congressional Democrats Challenge Goldman Sachs on Lawyer's Epstein Connections

KVIA•Thursday, June 11, 2026 at 5:22 PM•CNN Newsource

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Goldman Sachs CEO David Solomon is under fire from congressional Democrats regarding his decision to retain Kathy Ruemmler, the bank's chief legal officer, who announced her resignation due to her ties with Jeffrey Epstein. Senators Elizabeth Warren and Raja Krishnamoorthi have raised concerns about Solomon's judgment and the bank's oversight in light of Ruemmler's controversial connections. They are demanding answers about the due diligence conducted before her appointment and the nature of her advisory role, with a deadline for responses set for June 26. Ruemmler, previously a White House counsel, has faced scrutiny for her extensive communications with Epstein after his 2008 conviction, including advice on legal matters. The situation is further complicated by her significant compensation package, which includes a raise and stock options valued at $80 million.

Key Details: • Deadline for Goldman Sachs to respond to lawmakers is June 26. • Ruemmler’s compensation for 2025 is reported to be $25 million. • House Oversight Committee plans to interview Ruemmler on July 15.

epstein finance congress law goldman-sachs

People & Organizations

House Oversight CommitteeGoldman SachsElizabeth WarrenKathy RuemmlerDavid SolomonRaja Krishnamoorthi

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