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Exhibit 25: Conference Board Consumer
document IMAGES-003-HOUSE_OVERSIGHT_014564.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…trimental impact on the broad US economy, but the impact could be far-reaching if foreign governments such as Russia or China, criminal entities, or lone actors attack critical infrastructure in the US or any other major country. China Submerges Under Its Debt Burden and Capital...

Asian equities (ex-Japan)
document IMAGES-007-HOUSE_OVERSIGHT_024155.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…lose to 2008 lows. ¢ Hong Kong and Singapore markets’ domestic fundamentals remain solid. Hong Kong should benefit from China's gradual recovery in 2H 2012, while Singapore's economy is rebounding and corporate balance sheets and earnings remain solid. After the rate cut early Ju...

Cheapest tail-risk Hedges
document IMAGES-003-HOUSE_OVERSIGHT_014772.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…t 72 shows the biggest perceived tail risks, according to our Fund Manager Survey, were either during the event itself (China recession worries alongside capital outflows) or at most a few months in advance (Brexit and the US election). Looking ahead to 2017, we believe tail-ris...

starting in 1990, the State Council’s Overseas Chinese Affairs Office gave $800,000
document IMAGES-006-HOUSE_OVERSIGHT_020545.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ental subsidies have not been corroborated. What is clear, however, is that, like Qiaobao, SinoVision’s content echoes China’s official media. The vast majority of its stories about China, Sino-American relations, Taiwan, Hong kong, and other important issues for the PRC governm...

China and the evolution of revolution: Rise of radical
document IMAGES-009-HOUSE_OVERSIGHT_026818.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

China and the evolution of revolution: Rise of radical Muslims in China's western provinces ass 7 RUSSIA sa e = | Harbin, | f MONGOLIA __, \ , Shenyang, fi a Pt Ginhuangdaa,> _<-Na KOH. i IRAN ngqgin a Tianjin Dialis R itn Lanzhou J SINIOAO vatiow jets ir ! i . F7hangzhoud,...

next century. How might Huang Hua, with his nature-of-the-age consideration of
document IMAGES-004-HOUSE_OVERSIGHT_018410.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… and Chinese generally runs along a nervously familiar historical track: An established power (the US) anda rising one (China) consider each other. Do they cooperate? Scratch at each other in constant annoyance? Each nation possesses a different image the world. Each holds, as we...

The Chinese American Community
document IMAGES-006-HOUSE_OVERSIGHT_020488.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… whatever the actual citizenship of individuals may be, presumes them to retain not only an interest in the welfare of China but also a loosely defined cultural, and even political, allegiance to the so-called Motherland (#4). Under Xi Jinping’s leadership, diaspora Chinese have...

Squawk on the Street
document IMAGES-007-HOUSE_OVERSIGHT_023668.txt Aug 22, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

CNBC Squawk on the Street US-China Tariffs - US-China Trade War Robert Lawrence Kuhn, August 22, 2018 DBCnBcC SEARCH MENU MARKETS BUSINESS NEWS’ INVESTING’ TECH POLITICS CNBC TV US and China have self- fulfilling prophecies on both sides for trade... 10:40 AM ET Wed, 22 Aug...

the Great Leap Forward or the Cultural Revolution
document IMAGES-005-HOUSE_OVERSIGHT_019267.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… melding of nationalism and reverence for Mao is no accident. According to the regime's updated histor- ical narrative, China was subjugated by foreign powers for more than a century until the party took power in 1949 and restored the country’s national greatness. Admitting Mao's...

Boswall House, 2 Cornwall Terrace
document TEXT-001-HOUSE_OVERSIGHT_028281.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… spots of New York, Berlin and Moscow, as well as from the emerging collector territories of the Middle East, India and China for what is now known simply as Frieze week. It's no longer just about the fair; a whole city's-worth of cultural activity has coalesced around those big...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024676.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

> = Po cor > Qa LA Cannabis Investment Report | December 2017 Production Outlook Due to U.S. federal and international legal restrictions on cannabis commerce, producers currently must invest significant capital in potentially redundant facilities located in separate jurisdi...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024802.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

CKRELLE I’ L Cc aX P T I ¢ > Cannabis Investment Report | December 2017 * Federal income tax law precludes a business that “consists of trafficking in” cannabis or cannabis products from deducting certain operating expenses in determining its federal income tax. As a result,...

Summary of Open Trades (19-Jun-17)
document IMAGES-003-HOUSE_OVERSIGHT_014992.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…position cheaply for FTSE 100 (UKX) underperformance Remain long equities and cheapen hedges by conditioning on rates China risk premium rising but A-shares vol still at all-time lows Equity-FX correlation is not priced for a spillover of populism into the EU, which could cause...

Such cases establish a worrying precedent of Chinese intrusion into American
document IMAGES-006-HOUSE_OVERSIGHT_020507.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

48 Such cases establish a worrying precedent of Chinese intrusion into American academic life. The message from China to US universities is clear: Do not transgress the political no-go zones of the Chinese Communist Party or government, or you will pay a price. Sometimes the pre...