Breaking: Epstein’s Accountant Exposes the Truth as Trump Panics Over Surging Prices

Summary

The Parnas Perspective

Episode: Breaking: Epstein’s Accountant Exposes the Truth as Trump Panics Over Surging Prices
Host: Aaron Parnas
Date: March 11, 2026

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Overview

In this episode, Aaron Parnas delivers rapid analysis on two seismic stories gripping headlines: the Capitol Hill deposition of Jeffrey Epstein’s longtime accountant, Richard Kahn, and the unfolding Iran conflict’s explosive impact on oil prices and global security. With his signature legal savvy, Parnas dissects revelations implicating high-profile figures in the Epstein scandal and punches through political spin around U.S. military success, economic instability, and domestic security threats.

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Key Discussion Points & Insights

1. Epstein Files: Richard Kahn’s Bombshell Deposition

[01:23–04:45]

• Capitol Hill Testimony:

  • Richard Kahn, Epstein’s accountant, testified under oath before the Oversight Committee.
  • Kahn named several elite financiers of Epstein’s enterprise:
    • Les Wexner
    • Glenn Dubin
    • Stephen Sinofsky
    • The Rothschilds
    • Leon Black

• Media & Political Spin:

  • Congressman James Comer emphasized that Kahn and other witnesses have "never seen any type of transaction to [Donald] Trump or anyone in his family" ([03:40]).
  • Focus remains on whether the Epstein scandal touches Trump, despite five witnesses (Kahn, Bill Clinton, Wexner, Acosta, Barr) denying any seen connection.

• Purpose of the Investigation:

  • Comer reorients the inquiry:

    "The investigation’s about getting the truth to the American people, trying to figure out how the government failed... Was he an agent? Was our government involved in any type of cover up? And finally, what can be done to prevent this from happening in the future?" ([04:14]).

• Upcoming Testimonies:

  • Goldman Sachs’s General Counsel, Kathy Ruemiller, is set to testify in April about her links to Epstein.

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2. War in Iran and U.S. Domestic Impact

[04:45–09:02]

• American Expenditures on Iran War:

  • The war has reportedly cost taxpayers over $15 billion, possibly nearing $20 billion just days in ([04:56]).

• Trump’s Public Claims vs. On-the-Ground Reality:

  • Trump boasts of a swift U.S. victory and even muses about the name "Epic Fury" for the attack ([05:50–06:31]), but this is sharply contrasted with ongoing violence and unresolved conflict.

    • Trump Quote:

      "Is that a great name? Well, it's only good if you win... We won, we won. The bet in the first hour. It was over. We won." ([05:50])

• Reuters Footage & Oil Tanker Attacks:

  • Parnas describes dramatic scenes of burning oil tankers in the Persian Gulf, underscoring that hostilities are ongoing.
  • Iranian attacks threaten to send oil to $200/barrel and gas above $5/gallon.

• Iran’s Strategic Leverage:

  • Iran controls the Strait of Hormuz—a chokepoint for 20% of the world’s oil.
  • Targeting commercial oil vessels puts direct economic pressure on the U.S. and global markets.

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3. Homeland Security: Drone Threats

[07:40–09:02]

• FBI Warning to California:

  • Law enforcement in California has been warned about possible drone attacks from Iran, causing public concern ([07:40]).
  • California Governor Gavin Newsom confirmed ongoing coordination with federal and local partners.
    • Newsom Quote:

      "We're aware of that information and we transfer that information in real time to our local partners... Drone issues have always been top of mind and we've assembled some work groups specifically around those concerns..." ([08:25])

• Anxiety About Safety & Resource Allocation:

  • Parnas flags growing concern over potential homeland attacks and outsized spending abroad while domestic defenses are tested.

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Notable Quotes & Memorable Moments

• Congressman Comer on Kahn’s Testimony:

  "He had never seen any type of transaction to Trump or anyone in his family. That makes the fifth witness now that’s testified under oath that they’ve never seen any involvement by Donald Trump or their family." ([03:34])

• Aaron Parnas, Challenging the Spin:

  "...while Comer claims that Khan exonerated Donald Trump again, but the truth is that's not actually what happened." ([04:54])

• Donald Trump, Defiant & Triumphant:

  "Is that a great name? Well, it's only good if you win, you know, you can only do. And we've won. Let me say we've won. You know, you never like to say too early, you won, we won. We won. The bet in the first hour. It was over. We won." ([05:50])

• Governor Newsom on State Response:

  "Drone issues have been always top of mind and we've assembled some work groups specifically around those concerns, but that's all I'll share at the moment." ([08:39])

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Important Timestamps

• 01:23 – News breakdown: Explosive testimony by Epstein’s accountant, opening of episode focus.
• 03:17 – Rep. Comer summarizes Kahn’s heavyweight deposition, names major Epstein enablers.
• 04:14 – Comer details the real objectives of the oversight probe.
• 04:45 – Parnas challenges the Trump ‘exoneration’ narrative, previews upcoming testimonies.
• 04:56 – Analysis of U.S. fiscal costs from Iran war.
• 05:50 – Trump’s public remarks on the Iran conflict; his poise and bravado.
• 06:31 – Parnas reports on current attacks in the Persian Gulf and outlines Iran’s oil leverage.
• 07:40 – FBI warning about potential Iranian drone attacks on California.
• 08:11 – Governor Newsom addresses public trepidation and coordination efforts.
• 09:02 – Parnas winds down with reflections on security fears and escalating war costs.

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Episode Tone & Takeaways

Aaron Parnas delivers the episode in a punchy, fast-moving, and sharply analytical style, constantly pushing back against political smokescreens and drilling deep into legal and strategic nuance. The implications of Kahn’s testimony are not clear-cut, the Trump administration’s “victory” messaging is clearly at odds with realities on the ground, and Americans are left staring down higher costs and new security anxieties at home.

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For those who missed it:
This episode offers a brisk but comprehensive dissection of intertwined scandals and crises—exposing who really bankrolled Epstein, challenging “exoneration” narratives, and spotlighting the true stakes (and dangers) of the U.S. conflict with Iran.

Transcript

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[News Anchor]

We have major developments this evening from Jeffrey Epstein to Iran, starting with Jeffrey Epstein. A key deposition was taken on Capitol Hill today of Richard Kahn. If you don't know that name, that name was Jeffrey Epstein's accountant. And Richard Kahn spilled the beans on Capitol Hill naming multiple individuals who fired financed Jeffrey Epstein's enterprise. A significant development as the probe into the Epstein files grows, following news that a foreign hacker was able to get access to the Epstein files back within the FBI. Now, meanwhile on Iran news, Donald Trump is declaring victory on Iran. But not so fast this evening. Oil tankers are literally on fire in the Persian Gulf as Iran is attacking commercial tankers pledging to make oil prices around the globe hit $200 a barrel. That would mean your gas prices rise to well over $5 a gallon. Make sure to like comment, share and subscribe. Subscribe to my substack. Click the link below to support my work. Click quick programming note. Tonight in about four hours or so, I'll be on Laura Coates show on cnn. If you don't watch cnn, don't worry. I'll get clips and I'll show them to you in the morning. If you do, catch me tonight on Laura Coach Show. Now I want to begin by talking about the developments of the Epstein files. Richard Kahn, Jeffrey Epstein's longtime accountant, along with the person who oversaw the Jeffrey Epstein survivor settlement fund testified on Capitol Hill today. He did so naming a number of individuals, wealthy and powerful individuals, who were associated with Jeffrey Epstein and financed his life, his entire enterprise. Here's what Congressman James Comer, the head of the Oversight Committee, had to say following the deposition.

[Congressman James Comer]

Mr. Kahn's answering every question thus far. We've completed two full hours of depositions. I would say we are possibly at the halfway point. It could, could last more than four hours. But he, he confirmed there were five clients that paid money to Epstein, and that was Les Wexner, Glenn Dubin, Stephen Sinofsky, the Rothschilds and Leon Black. We've already deposed Wexner and we're going to be deposing Leon black very soon. Mr. Klein testified under oath because the Democrats asked this question. He had never seen any type of transaction to Trump or anyone in his family. That makes the fifth witness now that's testified under oath that they've never seen any involvement by Donald Trump or their family. That includes Khan, Bill Clinton, Wexner, Acosta and Barr. So I know that's the obsession of a lot of the media with respect to the Epstein investigation. But I will again remind the, the investigations about getting the truth to the American people, trying to figure out how the government failed answer questions we all have. Was he an agent? Was our government involved in any type of COVID up in any way, shape or form? And finally, what can be done to prevent this from happening in the future?

[News Anchor]

Those are all good questions. And while Comer claims that Khan exonerated Donald Trump again, but the truth is that's not actually what happened. And while Donald Trump has yet to testify on Capitol Hill or even be subpoenaed by members of Congress to testify under oath. But we are going to get even more information soon because Kathy Ruemiller, we're learning now the former or current Goldman Sachs general counsel who is set to resign, she is going to testify in April regarding her relationship to Jeffrey Epstein. And it comes as we are in the war in Iran, a war that has cost American taxpayers $11.6 billion. B, with a billion in the first six days of the war in Iran. Now, it's been more than 10 days, the first six days. That's how much the administration estimated in a report to Congress, which means that in total, the United States likely spent more than $15 billion thus far in taxpayer dollars, potentially close to $20 billion on this war. And while Donald Trump tonight, he is claiming victory right now.

[Donald Trump]

Is that a great name? Well, it's Only good if you win, you know, you can only do. And we've won. Let me say we've won. You know, you never like to say too early, you won, we won. We won. The bet in the first hour. It was over. We won.

[News Anchor]

But.

[Donald Trump]

But they gave me a list of names of General, sir. You can pick the name you'd like, sir. I said, the name of what? The name of the attack on Iran, sir. And they gave me like 20 names. And I'm like falling asleep. I didn't like any of them. Then I see epic fury. I said, I like that name. I like that name.

[News Anchor]

I like that name. I like that name. We won. We won. Well, the truth is the war is far from over because this is what the Persian Gulf looks like tonight. These are real scenes coming out of the Persian Gulf. Now, if you want to know what that is, that's an oil tanker, a commercial ship that is on fire this evening. According to Reuters, multiple ships this evening have been targeted by Iranian boats with bombs attached to the boats. They're literally on fire in the Persian Gulf. And it comes as Iran has made a public pledge. You're about to pay $200 a barrel of oil for a barrel of oil. That would mean your gas prices are set to rise to $5. I think a big miscalculation that we've seen from this administration thus far is that Iran has certain economic tools that will impact the American public. Number one, oil being that Iran is on the Strait of Hormuz and really controls who goes in and who goes out. Iran controls about 20% of the world's oil just simply based on geographic territory. And what we're seeing now is Iran targeting oil infrastructure, now commercial oil vessels, which will only make it more expensive for the American public. But that's not all we learned today, that stunning report that the FBI had warned California law enforcement about possible drone attacks. To me, I mean, it sounded a bit hyperbole, hyper. Hyperbolic. But drone attacks on California from Iran. Here's what California Governor Gavin Newsom had to say, because I know a lot of people were fearful.

[Governor Gavin Newsom]

As it relates to the broader concern, as it relates to drone strikes. We're, you know, we've been aware of that information. We've been working collaboratively through the soc, which we established right after the war began, the State Operations center, working with the Office Emergency Service, but also working locally to make sure we transmit any information that we have received. And we're aware of that which has been reported, I think, by ABC7. We're aware of that information and we transfer that information in real time to our local partners. Drone issues have been been always top of mind and we've assembled some work groups specifically around those concerns, but that's all I'll share at the moment. I have nothing more insightful beyond just what's been reported and how we're transmitting what we know to our local partners, which is critical.

[News Anchor]

So that's where you hit. That's what you see from California Governor Gavin Newsom. We'll see what happens next. But obviously there are very serious concerns about the American public, very serious concerns about potential attacks on the homeland, concerns overall about the amount of money we're spending on this conflict abroad. I'll be talking about this and more on Laura Coates show tonight, so make sure to stay tuned and watch CNN, I would say around 11:15pm Eastern time. In any event, make sure to like, comment, share and subscribe. More updates coming probably in the morning, so stay tuned for more. Hey folks, thanks so much for watching. Feel free to add this podcast on Apple Podcasts, Spotify or anywhere you watch for the latest breaking news and and daily hits throughout the day. Make sure to follow subscribe. See you soon for more Early Birds

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