News

Goldman Sachs General Counsel Kathy Ruemmler Resigns After Release of Epstein Documents

Goldman Sachs general counsel Kathryn "Kathy" Ruemmler will step down effective June 30 after U.S. Justice Department files showed emails calling Jeffrey Epstein "Uncle Jeffrey" and accepting luxury gifts.

Marcus Chen3 min read
Published
Listen to this article0:00 min
Share this article:
Goldman Sachs General Counsel Kathy Ruemmler Resigns After Release of Epstein Documents
AI-generated illustration

Kathryn "Kathy" Ruemmler, chief legal officer and general counsel at Goldman Sachs, announced she will resign from the bank with the departure effective June 30, 2026, after a fresh release of U.S. Department of Justice investigative files disclosed emails tying her to Jeffrey Epstein. Ruemmler framed the move as a step to protect the firm, saying, "My responsibility is to put Goldman Sachs' interests first," while CEO David Solomon said he accepted her resignation and thanked her for "sound advice" and "contributions."

Emails and law enforcement materials in the Justice Department release show Ruemmler used familiar language toward Epstein, referring to him as "Uncle Jeffrey" in correspondence and sending a 2019 message that read, "Am totally tricked out by Uncle Jeffrey today! Jeffrey boots, handbag, and watch!" The documents also include exchanges in which Ruemmler advised Epstein on how to push back against media and suggested arguing he was being persecuted because of his wealth, and records note gifts that included flowers, wine, an Hermès bag, an Apple Watch and $10,000 in Bergdorf Goodman gift cards.

Ruemmler, who joined Goldman Sachs in 2020 and chaired the bank's reputational risk committee, is a former White House counsel to President Barack Obama. She has said the relationship with Epstein began through legal work, telling Reuters that, "I got to know him [Epstein] as a lawyer and that was the foundation of my relationship with him." She has also denied providing Epstein with legal representation or advocating on his behalf to any third party.

Goldman sought to limit the reputational damage in public statements, with a bank spokesman noting that "it's well known that Epstein often offered unsolicited favours and gifts to his many business contacts." Solomon's wider message lauded Ruemmler's career: "Throughout her tenure, Kathy has been an extraordinary general counsel, and we are grateful for her contributions," and added, "As one of the most accomplished professionals in her field, Kathy has also been a mentor and friend to many of our people, and she will be missed. I accepted her resignation, and I respect her decision."

Justice Department materials released in recent weeks do not themselves allege criminal wrongdoing by everyone who appears in the files. "There is no suggestion that appearing in the millions of documents related to Epstein that have been released in the US implies any criminal wrongdoing," the files' release has been summarized. Still, the disclosures include law enforcement notes that say Epstein called Ruemmler's cell phone on July 6, 2019, the night of his arrest, a detail that has intensified scrutiny.

The Ruemmler resignation follows other senior departures linked to the same tranche of DOJ materials, including the recent exit of Brad Karp as chairman of law firm Paul Weiss after his own emails with Epstein surfaced. Observers say the developments could sharpen questions about corporate accountability, compliance oversight, and reputational risk on Wall Street as regulators and lawmakers continue reviewing the Justice Department files.

Goldman confirmed the June 30 effective date but released no further internal memos; Ruemmler's office and the bank's press team were cited in prior statements defending her conduct and maintaining she "has done nothing wrong, has nothing to hide. Nothing in the record suggests otherwise." Further documentary review and requests for the specific DOJ file identifiers and Ruemmler's resignation letter remain outstanding.

Know something we missed? Have a correction or additional information?

Submit a Tip
Your Topic
Today's stories
Updated daily by AI

Name any topic. Get daily articles.

You pick the subject, AI does the rest.

Start Now - Free

Ready in 2 minutes

Discussion

More Goldman Sachs News