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were two contradictory theories here: he had hidden these dealings because he didn’t want

Ref IMAGES-005-HOUSE_OVERSIGHT_019960.txt Release House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pages

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were two contradictory theories here: he had hidden these dealings because he didn’t want to admit their paucity, or he had hidden them to mask their disreputableness.) Because Trump is less than creditworthy, Foer was among many who concluded that Trump needed to turn to other sources—more or less dirty money, or money with other sorts of strings attached. (One way the process can work is, roughly speaking, as follows: an oligarch makes an investment in a more or less legitimate third-party investment fund, which, quid pro quo, makes an investment in Trump.) And while Trump would categorically deny that he had any loans or investments from Russia, one would, of course, not have dirty money on one’s books. As a subset of this theory, Trump—never very scrupulous about vetting his people— surrounded himself with a variety of hustlers working their own deals, and, plausibly, aiding Trump’s deals. Foer identified the following characters as part of a possible Russian conspiracy: ¢ Tevfik Arif, a former Rus sian official who ran the Bayrock Group, a middleman in Trump financings with an office in Trump Tower. ¢ Felix Sater (sometimes spelled Satter), a Russian-born immigrant to Brighton Beach in Brooklyn, who had previously served time in prison in connection with a fraud at a Mafia-run brokerage and who went to work for Bayrock and had a business card identifying him as senior adviser to Donald Trump. (When Sater’s name later continued to surface, Trump assured Bannon he didn’t know Sater at all.) * Carter Page, a banker of uncertain portfolio who had spent time in Russia and billed himself as having advised the state-run oil company, Gazprom, and who showed up on a hastily assembled list of Trump foreign policy advisers and who, it would turn out, the FBI was closely monitoring in what it said was a Russian intelligence effort to turn him. (Trump would later deny ever meeting Page, and the FBI would say that it believed Russian intelligence had targeted Page in an effort to turn him.) ¢ Michael Flynn, the former head of the Defense Intelligence Agency—fired by Obama for unclear reasons—who had yet to emerge as Trump’s key foreign policy counselor and future National Security Advisor, but who was accompanying him on many campaign trips and who earlier in the year had been paid a $45,000 speaking fee in Moscow and been photographed sitting at a dinner with Putin. ¢ Paul Manafort, whom, along with serving as Trump’s campaign manager, Foer highlighted as a political operative and consultant who had generated substantial income advising Kremlin-backed Viktor Yanukovych, who successfully ran for the presidency of Ukraine in 2010, was later deposed in 2014, and had been in business with the Russian oligarch and Putin crony Oleg Deripaska. More than a year later, each of these men would be part of the near-daily Russia-Trump news cycle. HOUSE_OVERSIGHT_019960

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