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Labor Secretary Acosta steps down amid criticism of handling of Epstein case

Labor Secretary Alexander Acosta has resigned amid criticism of his handling of a sex-trafficking case involving financier Jeffrey Epstein. President Donald Trump made the announcement on Friday as he departed for a trip to Wisconsin and Ohio. Acosta defended his role in the case, which was more than a decade ago, when the secretary was a federal prosecutor in south Florida. Epstein pleaded not guilty on Monday to new child-sex-trafficking charges alleging he abused underage girls in the early 2000s. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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