Jul 9, 2019

Acosta defends plea deal for Epstein

Prosecutors in New York announce charges against Epstein. Photo: Stephanie Keith/Getty Images

Labor Secretary Alex Acosta has defended the plea deal he approved in 2008 for accused pedophile Jeffrey Epstein. Acosta was serving as U.S. attorney in southern Florida at the time.

Why it matters: With the wealthy financier once again facing charges, this time in New York, Democrats including House Speaker Nancy Pelosi are demanding Acosta resign over the lenient deal reached 11 years ago. In a series of tweets on Tuesday, Acosta said the prosecutors at the time "insisted that Epstein go to jail, register as a sex offender and put the world on notice that he was a sexual predator."

  • While Epstein was jailed, he pleaded guilty to state charges to soliciting prostitution, not to sexually abusing minors. He was free during the day under a "work release" deal and freed entirely after 13 months.
  • Acosta said in the tweets that he is "pleased that NY prosecutors are moving forward with a case based on new evidence."

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Updated 22 mins ago - Politics & Policy

Minneapolis unrest as hundreds protest death of George Floyd

Protesters and police clash during demonstration on Wednesday over the death of George Floyd in custody outside the Third Police Precinct. Photo: Kerem Yucel/AFP via Getty Images

Minneapolis police clashed for a second night with protesters demonstrating the death of George Floyd, an African American man who died in police custody.

The latest: Minnesota Gov. Tim Walz tweeted late Wednesday that the situation where the clashes were taking place was "extremely dangerous" as he urged people to leave the area. There were multiple news reports of police firing tear gas at protesters and of some people looting a Target store.

Blue Cross Blue Shield insurers sue CVS, alleging drug pricing fraud

Photo: John Lamparski/SOPA Images/LightRocket via Getty Images

Six Blue Cross Blue Shield insurers have sued CVS Health, alleging the pharmacy chain overcharged them based on "artificially inflated prices" for generic drugs and concealed the true cash prices of those drugs.

The big picture: CVS has faced legal scrutiny over its cash discount programs since 2015, and this lawsuit adds big names to a mounting problem.