Bloomberg News Now July 18, 2025: DOJ Asks to Unseal Epstein Grand Jury Transcripts, Trump Sues, More
Jul 19, 2025
The latest discussion dives into high-stakes legal battles, including attempts to unseal Epstein grand jury transcripts and Trump's libel lawsuit against Dow Jones. It also unveils new legislation around stable coins while providing market insights. Additionally, environmental initiatives by the EPA are introduced, alongside sports highlights featuring Scotty Scheffler and emerging technological solutions for businesses. Tune in for a blend of law, finance, and current events!
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Epstein Grand Jury Secrets
- The Trump administration demands unsealing of Epstein grand jury transcripts amid claims of hidden documents.
- Grand jury proceedings are usually secret, and court decisions may take time.
Trump's Libel Lawsuit Example
- President Trump sued Dow Jones, News Corp, and Rupert Murdoch following a Wall Street Journal story about a birthday letter to Epstein.
- Trump called the story false, malicious, and defamatory and threatened legal action.
Stablecoin Regulation Milestone
- Trump signed the first federal bill regulating stablecoins, marking a major advancement in crypto finance.
- The law requires backing stablecoins with dollars or equivalent, regulated by authorities.