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United States President Donald Trump has called on the Department of Justice to investigate ties between one of his Democratic predecessors, Bill Clinton, and the late sex offender Jeffrey Epstein.

But the request comes shortly after a trove of newly released emails raised questions about Trump’s own relationship with Epstein.

On Friday, Trump took to social media to once again frame the emails as a distraction. He compared them to an investigation into ties between Russian election interference and his presidential campaign in 2016.

“This is another Russia, Russia, Russia Scam, with all arrows pointing to the Democrats,” Trump wrote, framing the emails as a “hoax”.

He also sought to shift scrutiny of his actions onto Democrats and financial institutions, arguing that they had deeper relationships with Epstein than he did.

“Epstein was a Democrat, and he is the Democrat’s problem, not the Republican’s problem!” Trump wrote, before adding: “Don’t waste your time with Trump. I have a Country to run!”

In the second of two lengthy posts, Trump said he would ask Attorney General Pam Bondi to investigate former President Clinton, as well as Clinton’s Treasury Secretary Larry Summers, venture capitalist Reid Hoffman and the bank JPMorgan Chase.

Newly released emails

The Epstein scandal has proven to be an enduring headache for Trump during his second administration, as he faces bipartisan pressure to release the full slate of documents pertaining to the case and address his own involvement.

A wealthy financier, Epstein was known to socialise with powerful figures, including Trump, Clinton and Andrew Mountbatten-Windsor, a former prince in the United Kingdom whose involvement resulted in the loss of his royal titles last month.

Those associations have long drawn questions about how Epstein may have been shielded from accountability.

Hundreds of women have come forward to accuse Epstein of sexual abuse and trafficking. In 2008, Epstein was convicted in Florida of sexually abusing a minor and solicitation, but critics saw his plea deal as overly lenient.

At the time of his death by suicide in 2019, he was in jail, facing federal sex-trafficking charges. The circumstances of his death have fuelled conspiracy theories, as has the high-profile nature of his social circle, leading some to believe there was a cover-up.

Trump’s own relationship with Epstein came roaring back into the spotlight on Wednesday, as the longest government shutdown in US history came to a close.

The House of Representatives had come back into session for the first time in 54 days in order to vote on a funding bill that would end the 42-day-long shutdown.

But that morning, Democrats on the House Committee on Oversight and Government Reform released three excerpted emails from conversations between Epstein, his convicted accomplice Ghislaine Maxwell and the writer Michael Wolff, all of which discussed Trump. They appeared to suggest Trump knew about Epstein’s sexual relationships.

In one email, Epstein wrote, “I want you to realize that that dog that hasn’t barked is trump.. [Victim] spent hours at my house with him.”

In another, Epstein told Wolff, “Of course he knew about the girls as he asked ghislaine to stop.”

A third email from Wolff suggested Trump had been to Epstein’s house and on his plane, and discussed how Trump might address those visits in a CNN interview.

The Trump administration quickly leapt into damage control, with White House press secretary Karoline Leavitt describing the email release as selectively edited and a Democratic “smear” campaign.

Later that day, however, the Republican leadership on the House Oversight Committee published 20,000 emails from the Epstein case file, including more conversations about Trump.

In a 2017 email to Summers, for example, Epstein wrote, “i have met some very bad people ,, none as bad as trump. not one decent cell in his body.. so yes – dangerous.”

An ongoing controversy

In Friday’s messages, Trump argued that the emails were an attempt to distract from the prolonged government shutdown, during which time Democrats failed to negotiate protections for healthcare subsidies scheduled to expire at the end of the year.

“The Democrats are doing everything in their withering power to push the Epstein Hoax again, despite the DOJ releasing 50,000 pages of documents, in order to deflect from all of their bad policies and losses, especially the SHUTDOWN EMBARRASSMENT,” Trump said.

He also denounced Republicans for backing the push to release more Epstein files, claiming they were siding with Democrats over him.

“Some Weak Republicans have fallen into their clutches because they are soft and foolish,” he wrote.

This week is not the first time Trump’s current administration has faced controversy over the Epstein scandal. In February, for instance, Attorney General Bondi told Fox News in a televised interview that she had an Epstein “client list” in her possession: “It’s sitting on my desk right now to review.”

The existence of a supposed “client list” was a key element in conspiracy theories that framed Epstein as blackmailing powerful figures to do his bidding. Some of Trump’s own officials, including Federal Bureau of Investigation (FBI) head Kash Patel, had promoted that conspiracy theory prior to taking office.

But in July, the Justice Department and FBI issued a joint memo denying the existence of a “client list”, stirring backlash among Trump supporters. Bondi maintained she misspoke in the February interview with Fox News.

Later that month, media reports emerged that Bondi had also briefed Trump that his name appeared in the full Epstein files, which have yet to be released.

Trump himself addressed his relationship with Epstein that month, saying he cut ties with the financier for poaching young female employees from his Mar-a-Lago resort in Florida.

“When I heard about it, I told him, I said, ‘Listen, we don’t want you taking our people,’” Trump told reporters. “And then, not too long after that, he did it again. And I said, ‘Out of here.’”

Clinton, banks under microscope

Clinton has likewise faced scrutiny for his ties to Epstein: Before his conviction, the financier visited Clinton at the White House, and Clinton has admitted to travelling on Epstein’s jet.

While Clinton has yet to comment on Trump’s threat of an investigation, he has, in the past, denied any knowledge of Epstein’s abuses.

“President Clinton knows nothing about the terrible crimes Jeffrey Epstein pleaded guilty to in Florida some years ago, or those he has been recently charged in New York,” Clinton’s spokesperson Angel Urena posted on social media in 2019.

Financial institutions have also faced pressure to account for their involvement in Epstein’s affairs.

In 2023, for instance, Deutsche Bank agreed to pay a $75m settlement to survivors of Epstein’s abuses, after a plaintiff alleged that the financial institution profited from his sex-trafficking schemes and failed to flag unusual behaviour.

Later that same year, JP Morgan Chase also struck a deal with Epstein survivors, agreeing to pay a settlement of $290m.

“We would never have continued to do business with him if we believed he was using our bank in any way to help commit heinous crimes,” the bank said in a statement at the time.

Similar lawsuits have since been filed, including complaints last month against Bank of America and the Bank of New York Mellon (BNY). During hearings this week, those two banking firms have sought to have the lawsuits dismissed.

Still, pressure remains high on the Trump administration, particularly in the wake of the House reconvening.

With the lower chamber back in session, a new representative was sworn in: Democrat Adelita Grijalva. She provided the critical 218th signature on a discharge petition to force the House to vote on releasing all of the government’s Epstein files.

The bill was a bipartisan effort, led by Thomas Massie, a Republican, and Ro Khanna, a Democrat.

House Speaker Mike Johnson, a staunch Trump supporter, confirmed this week he plans to hold the vote next week, though it faces uncertain odds in the Senate. Johnson has repeatedly downplayed the effort.

The United States will slash its tariffs on goods from Switzerland to 15 percent from a crippling 39 percent under a new framework trade agreement that includes a pledge by Swiss companies to invest $200bn into the US by the end of 2028, the Swiss government has said.

The announcement by Swiss Economy Minister Guy Parmelin on Friday brings the US tariff rate on Swiss goods in line with those from the European Union (EU). Parmelin told a news conference that the tariff reduction would provide relief for about 40 percent of Switzerland’s total exports.

The US, Switzerland and Liechtenstein, which is part of the deal, aim to conclude negotiations to finalise their trade deal by the first quarter of 2026, the White House said in a statement on Friday as the two nations announced their framework agreement.

The lower tariff rate is likely to be activated within “days, weeks,” as soon as the US customs processing systems can be adjusted, said Helene Budliger Artieda, director of Switzerland’s State Secretariat for Economic Affairs.

She added that a large portion of Swiss investments in US production would come from the pharmaceuticals and life sciences sectors, but declined to provide specifics. Pharmaceuticals is by far the largest export sector from Switzerland to the US.

US Trade Representative Jamieson Greer told CNBC the deal would involve Switzerland shifting “a lot of manufacturing here to the United States – pharmaceuticals, gold smelting, railway equipment. So we’re really excited about that deal and what that means for American manufacturing.”

The deal guarantees a 15 percent tariff ceiling for Swiss drugmakers, including Roche and Novartis from US President Donald Trump’s forthcoming Section 232 national security duties for the sector, which could reach 100 percent for certain patented drugs.

Parmelin said the 15 percent cap would also apply to other future Section 232 duties, including semiconductors, putting it on the same footing as the EU.

“The risk of much higher sector-specific tariffs is therefore ruled out,” Parmelin added.

In a statement, the Swiss government said the deal will reduce Swiss import duties on US industrial products, fish and seafood and agricultural products “that Switzerland considers non-sensitive”.

Switzerland will grant the US duty-free bilateral tariff quotas on 500 tonnes of beef, 1,000 tonnes of bison meat and 1,500 tonnes of poultry meat, the government said.

Level playing field with the EU

Swiss industrial groups welcomed the deal, saying it would put them on a level playing field with competitors from the EU, which agreed to a 15 percent tariff on EU exports to the US.

“For the industrial sector, which was subject to a 39 percent tariff since August 1, this is good news. For the first time, we have the same conditions in the US market as our European competitors,” said Nicola Tettamanti, president of Swissmechanic, which represents small and medium-sized manufacturers.

“It’s a great relief on tariffs, but additional economic burdens and risks for Switzerland remain,” said Hans Gersbach, a director of the KOF Swiss Economic Institute at ETH Zurich.

Switzerland’s machinery, precision instruments, watchmaking, and food sectors, which export to the US, would see the most relief, Gersbach said.

KOF forecasts Swiss economic growth of 0.9 percent in 2026, but this would exceed 1 percent with the lower tariff rate, he added.

Nadia Gharbi, an economist at Swiss bank Pictet, said the tariff reduction removed the main downside risks for the country’s economy and represents a clearly positive development for Swiss industries and for the overall growth outlook.

“Under the previous tariff regime, Switzerland suffered a significant loss of competitiveness — not only because of the strength of the Swiss franc, but also because neighbouring European economies were subject to tariffs of only around 15 percent,” she said.

Swiss industry on Friday reported a 14 percent fall in exports to the US during the three months through September, technology industry association Swissmem said, while machine tool makers saw shipments slump 43 percent.

Democratic lawmaker Rashida Tlaib has introduced a resolution in the United States Congress to recognise Israel’s brutal assault on Gaza as a genocide.

While the proposal released on Friday has little chance of passing in the Republican-controlled House of Representatives, it underscores the growing criticism of Israel in US politics.

If the resolution did pass, it would officially recognise that “Israel has committed the crime of genocide against the Palestinian people in Gaza” and call for an end to the transfer of weapons suspected of being used to commit atrocities to the US ally.

The bill also backs “facilitating investigations and domestic proceedings and taking action, including imposing targeted, lawful sanctions, with respect to the State of Israel”.

The resolution has been co-sponsored by 20 other Democratic members of Congress, including some prominent legislators.

Key progressive Alexandria Ocasio-Cortez, potential presidential candidate Ro Khanna, and Gen Z Congressman Maxwell Alejandro Frost, who is seen as a rising star in the party, are backing the measure.

The resolution comes as the 10-year Memorandum of Understanding (MOU) that granted Israel $3.8bn in US military aid annually is set to expire next year – likely renewing the debate over the assistance as Israeli officials seek a new package.

Over the past two years, the US government provided additional assistance to Israel to help fund the war on Gaza – totalling more than $21bn.

Israel’s military campaign in Gaza has killed more than 69,000 Palestinians, including at least 20,000 children, and turned most of the territory into rubble.

Throughout the war, Israel imposed a blockade on aid to Gaza, sparking a deadly famine in the enclave.

Even after a US-brokered ceasefire came into effect last month, Israel has continued to restrict the entry of food and fuel to Gaza. The Israeli military has also been carrying out air strikes and shootings in Gaza daily in violation of the truce.

Tlaib, who is of Palestinian descent, said the genocide in Gaza is ongoing.

“Since the so-called ‘ceasefire’ was announced, Israeli forces haven’t stopped killing Palestinians,” the congresswoman said in a statement on Friday..

“Impunity only enables more atrocity. As our government continues to send a blank check for war crimes and ethnic cleansing, Palestinian children’s smiles are extinguished by bombs and bullets that say ‘made in the USA’.”

United Nations investigators and leading rights groups – including Amnesty International and Israel’s B’Tselem – have concluded that the Israeli offensive is a genocide.

A UN convention defines genocide as “acts committed with intent to destroy, in whole or in part, a national, ethnical, racial or religious group”.

Genocidal acts include killing and injuring members of the targeted group, preventing births and imposing “conditions of life calculated to bring about” the physical destruction of the group.

Tlaib’s resolution quotes public statements by Israeli political and military officials – including Prime Minister Benjamin Netanyahu and President Isaac Herzog – calling for mass violence and collective punishment against Palestinians.

“This place will be a fallow land. They will not be able to live here,” Colonel Erez Eshel said in November 2023.

Despite the growing consensus among rights experts that the war in Gaza is a genocide, only a fraction of Congress members have adopted the label when describing the Israeli offensive.

In addition to the 21 House Democrats backing the resolution, Republican Congresswoman Marjorie Taylor Greene and progressive Senator Bernie Sanders have also accused Israel of genocide.

Experts say the description is important because the UN Convention on the Prevention and Punishment of the Crime of Genocide invokes a global responsibility to stop the atrocities and hold the perpetrators responsible.

More than 100 rights groups have endorsed Tlaib’s congressional proposal.

“This resolution is an important step towards recognising Israel’s actions against Palestinians in the occupied Gaza Strip for what they are – genocide,” Elizabeth Rghebi, Middle East advocacy director at Amnesty International USA, said in a statement.

“The US ratified the Genocide Convention, which imposes a duty on states to prevent and punish the crime. Amnesty International calls on all members of Congress to urgently support this resolution and ensure the US begins taking the actions necessary to prevent and punish Israel’s genocide in Gaza.”