On this day in 1862, Wisconsin soldiers defending the Union rest on the White House lawn:
The 2nd, 3rd, 5th, 6th, and 7th Wisconsin Infantry regiments fought in the Second Battle of Bull Run. By the end of this third day, more than 18,000 soldiers had been killed or wounded and Union forces had been pushed back to Washington, D.C. When the Wisconsin regiments arrived in Washington, they rested on the White House lawn. According to historian Frank Klement, “President Lincoln came out with a pail of water in one hand and a dipper in the other. He moved among the men, offering water to the tired and thirsty. Some Wisconsin soldiers drank from the common dipper and thanked the President for his kindness.”
Recommended for reading in full:
Laura Strickler reports Purdue Pharma offers $10-12 billion to settle opioid claims:
The maker of OxyContin, Purdue Pharma, and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for $10 billion to $12 billion. The potential deal was part of confidential conversations and discussed by Purdue’s lawyers at a meeting in Cleveland last Tuesday, Aug. 20, according to two people familiar with the mediation.
Brought by states, cities and counties, the lawsuits — some of which have been combined into one big case — allege the company and the Sackler family are responsible for starting and sustaining the opioid crisis.
At least 10 state attorneys general and the plaintiffs’ attorneys gathered in Cleveland, where David Sackler represented the Sackler family, according to two people familiar with the meeting. David Sackler, who was a board member of the company, has recently been the de facto family spokesperson.
See generally Watch Richard Sackler Deny His Family’s Role in the Opioid Crisis (“Sackler testified in 2015 in a lawsuit brought by Kentucky against his family’s company, Purdue Pharma, which makes the painkiller OxyContin. We published the transcript in February. Now you can see the video”) and Under Proposed Purdue Pharma Opioid Settlement, Sacklers Would Still Be Billionaires (“If the Sackler family, which owns Purdue Pharma, accepts the terms of a settlement now under discussion, Forbes estimates they will still be worth between $1 billion and $2 billion, down from a current net worth estimate of $11.2 billion”).
Ann E. Marimow reports Trump’s bank has tax records Congress is seeking in subpoenas targeting the president’s finances:
President Trump’s biggest lender has in its possession tax records Congress is seeking in targeting the president’s financial dealings, the bank told a federal appeals court in New York Tuesday.
The disclosure from Deutsche Bank came in response to a court order as part of a legal battle between Congress and the president over access to Trump’s business records.
The bank’s public redacted response filed Tuesday did not identify by name whose records it has.