At a press conference on Wednesday, Labor Secretary Alex Acosta told reporters that new sex crime charges against hedge fund manager Jeffrey Epstein were a "very, very good thing" and defended the manner in which his office had handled a case against the financier back in 2008.
He also showed no signs of relenting to Democrats' calls for his resignation.
Outrage has been growing, since the Miami Herald recently resurfaced the sweetheart, non-prosecution deal Epstein received when Acosta was a U.S. attorney in Miami.
In 2008, Epstein had been accused of abusing dozens of women and girls, but ultimately pled guilty to prostitution charges. Thanks to the deal, instead of facing a possible life sentence, he served just 13 months of an 18 month sentence in a county jail, during which he was allowed to leave for work.
Epstein was arrested again in New Jersey last weekend and pleaded not guilty Monday to new child sex-trafficking charges for allegations dating back to the early 2000's.
"They've brought these charges based on new evidence against Jeffrey Epstein, who is now a registered sex offender. And this is a very very good thing. His acts are discpable," said Acosta Wednesday. "Epstein's actions absolutely deserve a stricter sentence."
As to the original case, Acosta said it was not clear that the original case would have succeeded at trial because some of the victims were reluctant to testify. "The acts that they had faced were horrible, and they didn't want people to know about them."
The labor secretary said he would release documents that reveal more context of the case.
The chair of the House Oversight Committee has called for Acosta to testify on the subject later this month.
During the press conference, the labor secretary defended his standing in Trump's administration.
"My relationship with the President is outstanding," said Acosta. He also eschewed reports that he had lost the support of the Office of Management and Budget director Mick Mulvaney.
Russian lawmakers have given President Vladimir Putin a military force authorization in Ukraine, and President Biden has described Putin's announcement declaring the independence of two provinces within Ukraine and his subsequent deployment of peacekeepers as tantamount to "invasion. David Tafuri, a former Obama campaign foreign policy advisor and Bush State Department official, joined Cheddar News to discuss. "The Ukrainian military occupies more than 70 percent of those provinces still," Tafuri said, noting Putin alleged having a responsibility to defend those regions. "This would put Ukrainian forces and Russian forces right at each other engaged. And that might be how the war starts."
The major indexes ended Tuesday's session sharply lower due to escalating tensions between Russia and Ukraine. Bill Stone, Chief Investment Officer at The Glenview Trust Company, joins Cheddar News' Closing Bell, where he reminds viewers that Wall Street doesn't like uncertainty, and more of the recent losses are due to geopolitics than inflation.
Karim Hijazi, CEO of Prevailion, joins Cheddar News' Closing Bell, where he says that crypto's decentralized nature will pose obstacles for the FBI's new crypto unit, but it will also make progress with items such as managing fraudulent exchanges.
The Retail Industry Leaders Association released a report alleging the safety risks, economic losses, and potential job losses they link to a surge in shoplifting crimes in the United States. Lisa LaBruno, senior EVP of retail operations at the trade organization, joined Cheddar News to discuss the impact of websites that allow for the resale of unverified goods and passing the INFORM Consumers Act to stamp it out. “We need to hold the online marketplaces accountable for being a favored venue for criminals to resell stolen product," LaBruno said. "And that is exactly what the INFORM Act is designed to do."
The East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks.
Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the U.S., European Union and U.K. responded with economic sanctions.
President Biden says he’s “convinced” that Russian President Vladimir Putin has decided to launch a further invasion of Ukraine, saying Friday he has “reason to believe” it will occur in the "coming days."
