A Better Newspaper

## Overview Congress has issued subpoenas targeting Leon Black, co-founder of Apollo Global Management, after accusing him of failing to answer queries about his knowledge of Jeffrey Epstein's conduct (FT, undated 2026). Black has denied knowledge of Epstein's "heinous conduct" (FT). ## Background Leon Black's financial ties to Jeffrey Epstein — including substantial payments Black made to Epstein for financial and estate planning services — have long drawn scrutiny. This new congressional action signals renewed legislative interest in uncovering the extent of Epstein's connections to prominent financiers. ## Why This Matters For attorneys, this represents an escalation from prior civil and reputational scrutiny to formal congressional subpoena power, raising stakes for Black and Apollo. Given Apollo's prominence in private credit and alternative asset management, continued developments could have reputational and governance implications for the firm. This story is likely to develop further as subpoena compliance, testimony, and potential further revelations unfold.