Illustration: Sarah Grillo/Axios

"Swap donations with someone else’s foundation." That was a suggestion from the then-director of the MIT Media Lab, Joi Ito — his proposed solution to the problem of accepting donations from convicted sex offender Jeffrey Epstein.

Why it matters: Ito's proposed solution seems to have worked. Epstein took credit for millions of donations to the Media Lab from Bill Gates and Leon Black — and even after a four-month investigation by law firm Goodwin Procter, there have been no findings that anything was amiss with any of those donations.

Driving the news: MIT has released an unredacted version of the 61-page Goodwin Procter report into Epstein's donations to the university.

  • The report recounts a 2013 conversation in which Ito suggested the swapped-donations strategy as a means to conceal the origin of Epstein money.
  • The following year, Epstein took credit for a $2 million donation from Bill Gates and a $5 million donation from Leon Black, the co-founder of Apollo Global Management.

Gates denied to Goodwin Procter that his donation had anything to do with Epstein, while Black refused to talk to the law firm.

  • "We were unable to connect with representatives of Mr Black," Goodwin Procter lead investigator Roberto Braceras tells Axios.
  • Goodwin Procter managed to find no evidence that the Gates and Black donations were made at Epstein's behest, or that they represented Epstein money laundered via the billionaires.

On Friday, MIT announced that it had placed a mechanical engineering professor, Seth Lloyd, on paid administrative leave following the Goodwin Procter review, as Axios reported.

My thought bubble: MIT is currently putting together "a clear and comprehensive gift policy" and "a process to properly vet donors". But if the Leon Black donations were indeed Epstein-related — and there's no evidence to suggest that they weren't — the results of this investigation suggest that Epstein and Ito have already demonstrated an easy way to circumvent any such policies.

Go deeper: Exclusive: MIT and Jeffrey Epstein's billionaire enablers

Go deeper

Fauci says White House effort to discredit him is "bizarre"

Photo: Joshua Roberts/Getty Images

Anthony Fauci told The Atlantic on Wednesday that efforts by certain White House officials to discredit him are "bizarre" and that it "ultimately hurts the president" to undermine a top health official in the middle of a pandemic.

Driving the news: Fauci's comments come on the heels of a USA Today op-ed by White House trade adviser Peter Navarro, who claimed that Fauci has been "wrong about everything" related to the coronavirus that the two have interacted on. Fauci told The Atlantic: “I can’t explain Peter Navarro. He’s in a world by himself.”

3 hours ago - Health

Oklahoma Gov. Kevin Stitt tests positive for coronavirus

Oklahoma Gov. Kevin Stitt. Photo: Alex Wong/Getty Images)

Oklahoma Gov. Kevin Stitt (R) announced on Wednesday he has tested positive for the coronavirus and will self-isolate, Tulsa World reports.

Why it matters: The 47-year-old Stitt is believed to be the first governor in the U.S. to test positive. He attended President Trump's rally in Tulsa last month, which the county's health department director said likely contributed to a surge in cases in the region.

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. ET: 13,397,167 — Total deaths: 580,388 — Total recoveries — 7,449,477Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m. ET: 3,459,053 — Total deaths: 136,900 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. States: Alabama's GOP governor issues statewide mask mandate — Oklahoma Gov. Kevin Stitt tests positive.
  4. Politics: Fauci says White House effort to discredit him is "bizarre" — Trump says Navarro shouldn't have written op-ed attacking Fauci.