Politics
Commentary: She’s a liar, swindler and cheat. So why wouldn’t Trump pardon her?
For a while, it seemed Elizabeth Holmes was everywhere.
Peering wide-eyed and black-turtlenecked from a shelf load of magazine covers. Honored as a “Woman of the Year” by Glamour. Touted as one of Time’s “100 Most Influential People.”
At age 30, Holmes was regarded as a preternatural business talent — and, more impressively, described as the youngest self-made female billionaire in history — owing to her founding and stewardship of Theranos, a Silicon Valley start-up that promised to revolutionize healthcare by diagnosing a host of maladies with just a pinprick’s worth of blood.
It was all a big con job.
Her medical claims were a sham. Theranos’ technology was bogus. Even the husky TED-talking voice Holmes used to invest herself with greater seriousness and authority was a put-on. (The turtlenecks were an austere affectation she cribbed from Steve Jobs.)
In January 2022, a San Jose jury convicted Holmes on four counts of fraud and conspiracy. At age 37, she became a case study in gullibility and greed. Months later, Holmes — by then a mother of two — was sentenced to 11 years and three months in prison. She began serving her term in May 2023, at a women’s prison camp outside Houston.
Now, Holmes — who spawned a best-selling book, podcasts, a documentary, a TV miniseries and, not incidentally, stole hundreds of millions of dollars from investors — is lobbying for a pardon from President Trump.
And why not?
Game knows game. Grift knows grift.
Of all the powers a president wields, few match his awesome pardon authority.
It is sweeping and life-changing. Idiosyncratic, resting wholly on personal whim, and irrevocable. Once granted, it is impossible to reverse.
The power to pardon is also, like any grant of authority, subject to mismanagement and abuse.
Just about every president “has issued his share of controversial pardons and more than that, perhaps, pardons that just were in terrible taste, that violated all sense of reason and propriety,” said Larry Gerston, a San José State political science professor emeritus and longtime student of Silicon Valley.
Excess being Trump’s signature, the president has, true to form, taken his pardon power to indecent and unholy extremes.
As soon as he settled back into the Oval Office, Trump pardoned more than 1,500 criminal defendants tied to the Jan. 6, 2021, attack on the U.S. Capitol, including some who beat and pepper-sprayed law enforcement officers.
Other malefactors he’s let off the hook include Changpeng Zhao, the money-laundering former CEO of Binance, which has ties to the Trump family’s cryptocurrency business; disgraced former congressman and embezzler George Santos; and Illinois’ politically corrupt former governor, Rod Blagojevich.
Just last week, Trump pardoned former Honduran President Juan Orlando Hernández, a convicted drug trafficker who, according to prosecutors, “paved a cocaine superhighway” to the United States. This at the same time the U.S. military ramps up its presence in Latin America and blows boats out of the Caribbean in a professed fight against drug smuggling in the region.
If you can square those actions with Hernández’s pardon and not throw your back out in the process you’re either more pliable than most or willfully obtuse.
Or try reconciling Trump’s supposed tough-on-crime stance with his pardon of crypto cult hero Ross Ulbricht.
Ulbricht, whom a judge described as “the kingpin of a worldwide digital drug-trafficking enterprise,” was sentenced in 2015 to life in prison for running Silk Road, a dark web marketplace where criminals used Bitcoin to conduct hundreds of millions of dollars in illicit trade.
Acting from behind bars, with help from family and supporters, Ulbricht mounted a social media campaign clamoring for his release. Among those who took note was Trump, who championed Ulbricht’s cause during the 2024 campaign as a way to woo libertarian-minded voters. A day after his inauguration, the president granted Ulbricht a full, unconditional pardon.
Apparently, Holmes also took note.
From her minimum security lockup, she’s begun mounting her own social media blitz in an apparent attempt to win Trump’s favor and get sprung from prison and freed from accountability for her epic swindle.
Holmes cannot access the internet or social media, the U.S. Bureau of Prisons told the San Jose Mercury News. So her postings, she explains on X, are “mostly my words, posted by others.” (Her biography reads: “Building a better world for my two children. Inventor. Founder and former CEO @Theranos.” Somewhere Thomas Edison is blushing.)
Holmes’ feed is a babbling stream of self-help epigrams, ankle-deep reflections and many, many photos of herself. “I gave my life to fighting for our basic human right to health information,” says the would-be Joan of Arc.
Of course, there is also plenty of Trump flattery along with paeans to Robert F. Kennedy Jr. and his cockamamie make-America-sick-again agenda, as one medical charlatan nods to another.
Nowhere does Holmes offer the slightest expression of guilt or remorse for her considerable ill-gotten gains. At one point, she even likens herself to a Holocaust survivor, displaying both staggeringly poor taste and utter cluelessness.
All of which makes Holmes an ideal candidate for a pardon from Trump, who’s turned self-dealing and victimization into an art form. Maybe if Holmes is freed from jail she can find a job somewhere in his administration.
She’d fit right in.
Politics
Bessent flips script on Dem senator with reminder about his son’s past ties to Epstein
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Sen. Ron Wyden, D-Ore., suddenly found himself on the defensive at a budget hearing on Wednesday when, amid levying accusations of the Trump administration’s “corrupt” dealings, Treasury Secretary Scott Bessent fired back by bringing Wyden’s son’s investments into the exchange.
“We would like to hear what Adam Wyden and Jeffrey Epstein talked about,” Bessent said, referring to unearthed emails drawing a connection between the senator’s son and the disgraced financier.
“Did your son and Jeffrey Epstein talk about pole dancing as he begged him for money?”
The moment continues the political fallout for the many names associated with Epstein that — despite not amounting to proof of wrongdoing — continue to prompt embarrassment and scandal at even the smallest mention.
TOP FIERY MOMENTS AS DEMOCRATS CLASH WITH TREASURY SECRETARY BESSENT IN CHAOTIC HILL HEARINGS
Treasury Secretary Scott Bessent, left, pictured along Sen. Ron Wyden, D-Ore, right. (Aaron Schwartz/Bloomberg via Getty Images; Chip Somodevilla/Getty Images)
Epstein, a former financier, died while in prison on charges of sex trafficking minors in 2019, leaving behind questions of whether he facilitated illegal sexual encounters for his vast network of rich and powerful figures.
Amid public demands for transparency on the matter, the Department of Justice released troves of documents on Epstein late last year, unveiling a slew of new names with all manner of ties to the infamous figure ranging from purely innocuous to alarming.
Among them, emails surfaced indicating that Adam Wyden, Ron Wyden’s son, went to Epstein, hoping to gain his support for a business venture.
UNEARTHED EMAILS REVEAL DEM SENATOR’S SON WANTED EPSTEIN TO JOIN HIS FUND: ‘ENJOYED OUR CONVERSATION’
Sen. Ron Wyden leaves a Senate Democratic meeting at the U.S. Capitol Building in Washington, D.C., on Oct. 3, 2025, as the federal government shuts down after Congress and the White House failed to reach a funding deal. (Kevin Dietsch/Getty Images)
“Jeffrey, I wanted to thank you for taking the time to meet with me. I thoroughly enjoyed our conversation and hope my passion and dedication for my business came through in the meeting. I live and breathe this business and take my returns, integrity and reputation quite seriously,” the younger Wyden said in an email in April 2016.
“I intensely appreciate like-minded individuals and would very much look forward to having you join us at the fund.”
The emails came after Epstein pleaded guilty to soliciting a minor for prostitution in Florida in 2008.
It’s unclear what the business venture discussed by Adam Wyden and Epstein may have been or what, specifically, had been discussed in their conversations.
Even so, Bessent reminded viewers that the younger Wyden had a history of investing in off-color markets at Wednesday’s hearing.
DEMOCRATS ARE HAMMERING REPUBLICANS ON EPSTEIN, BUT ONE SENATOR BRUSHED OFF THE ISSUE YEARS AGO
Treasury Secretary Scott Bessent addresses a press conference in Rosenbad after trade talks between the U.S. and China concluded in Stockholm, Sweden, on July 29, 2025. (Magnus Lejhall/TT News Agency/AFP via Getty Images)
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“Your son’s largest investment position was Rick’s Cabaret,” Bessent said, referring to a series of strip clubs.
Wyden, who has widely panned the Trump administration and its many officials for their own connections to Epstein, didn’t respond to Bessent’s jabs.
Politics
Hilton and Becerra lead California’s unsettled governor’s race; Steyer faces elimination
As election officials continued tallying ballots Wednesday, Republican Steve Hilton and Democrat Xavier Becerra continued to lead in the unsettled race to replace termed-out Gov. Gavin Newsom, with billionaire Democrat Tom Steyer hoping for a surge in late-arriving votes to push him into one of the top-two spots to advance to the November general election.
Hilton, a British immigrant and former Fox News commentator, told reporters outside the state Capitol in Sacramento Wednesday morning that he was “very encouraged” by the latest results, though he stopped short of declaring victory.
“It does look as if change is coming to California, and that is good news for everyone, every small business, every working family, everyone who wants to see our state set back on track,” he said.
Becerra and Steyer did not hold public events as of Wednesday afternoon.
Election data analyst Paul Mitchell said it would be nearly mathematically impossible for Steyer to close the gap.
“As we start to get more data, the runway is going to get shorter and shorter,” he said.
He said Steyer, to finish in the top two in the primary, would have to get about 30% of the remaining uncounted votes while Becerra would need to be limited to 15%. The self-funded billionaire has “a very high hill to overcome, and the challenge gets steeper and steeper as we get more data from the counties,” Mitchell said.
Once mired near the bottom of a crowded pack of Democrats in opinion polls, Becerra, a former Biden administration cabinet member, rocketed ahead of his rival candidates after former Rep. Eric Swalwell dropped out of the race in April amid allegations of sexual assault and misconduct. The scandal triggered an upswing of voter interest in California’s once sluggish governor’s race and in Becerra, who seized the moment.
“Here in Hollywood’s hometown, we love a good underdog story,” Becerra told cheering supporters at his election night party at La Plaza de Cultura y Artes in downtown Los Angeles.
Becerra spoke about his Mexican immigrant parents and becoming the first in his family to attend college. Though a longtime California politician, Becerra said that his campaign for governor was outspent and that he faced calls to drop out of the race.
“The underdog stayed in the fight,” he said. “Like my parents, I never gave up. … Never stopped believing in the beacon-light goodness of California and thankfully, neither did you.”
Steyer, who spent more than $216 million of his wealth on the race, has not conceded defeat.
His campaign manager, Heather Hargreaves, wrote in a letter to supporters Wednesday that “we’re going to give democracy time to work. County election officials are still counting ballots and don’t expect to know how many people voted in total until” Thursday, when officials are required to report the estimated number ballots left to process.
The billionaire former hedge fund owner campaigned against the corporate and special interests that have a powerful presence in Sacramento and often spend heavily in elections, including this year against Steyer.
Billionaires “do everything they can to hoard their wealth and avoid paying taxes, and we see corporations continue to rig the system for themselves — raising your prices to juice their profits. Screw that,” Steyer said at his election watch party at the Regency Ballroom in San Francisco.
Other candidates in the race included Republican Riverside County Sheriff Chad Bianco and Democrats including former Rep. Katie Porter, San José Mayor Matt Mahan, former Los Angeles Mayor Antonio Villaraigosa and state Supt. of Public Instruction Tony Thurmond.
Villaraigosa, Mahan and Porter conceded the race Tuesday night.
California’s 2026 race for governor started slow but ended with a flourish, including the demise of a scandal-ridden Democratic favorite, the anointing of a Republican by Trump and Becerra’s unexpected rise from the depths of the candidate field.
Unlike gubernatorial elections in the last quarter of a century, this year’s race lacked a clear crowd-pleasing front-runner able to win over voters, such as movie star Arnold Schwarzenegger or Jerry Brown, a sage of the California electorate and scion of a storied political family. But it unfolded at a time when the state’s residents are overwhelmed by high housing costs, steep gas prices and overall unaffordability that threatens the “California dream” that once drew millions of people to the state.
“Normal people are not living and breathing politics on a daily basis,” said Tim Rosales, a strategist who ran Republican John Cox’s unsuccessful 2018 gubernatorial campaign. In today’s information-saturated environment, Rosales said, the race and its roster of “extremely milquetoast candidates” didn’t break through until the Swalwell scandal grabbed voters’ attention.
The 2026 gubernatorial primary has been one of the most unpredictable and expensive in decades and a race that was shaped early on by a number of heavyweight Democrats staying on the sidelines.
Though supporters urged them to run, former Vice President Kamala Harris, Sen. Alex Padilla and Atty. Gen. Rob Bonta passed on the race. It was in a state of limbo for months last year as Harris, one of the state’s most high-profile politicians, weighed whether to jump in.
“I don’t ever recall a playing field that looks like this one. Usually there’s a clear front-runner,” said veteran Democratic strategist Darry Sragow. “It’s easy to say that it reflects a lack of talent [but] that’s absolutely not true. Almost any of the candidates running could make a good governor.”
Still, candidates struggled for months to break through to voters.
In February, polls showed the crowded field of Democrats splitting liberal voters and opening a statistical possibility that the party would be boxed out of November under California’s open, top-two primary, which places all candidates on the same ballot. Only the first- and second-place finishers in the primary advance to the general election, regardless of their party affiliation.
Just when Swalwell appeared on the cusp of becoming the Democratic front-runner the San Francisco Chronicle and CNN published allegations that he sexually assaulted a former staffer and acted inappropriately with other women. Swalwell suspended his campaign.
It was Becerra who benefited the most. In less than two months, he vaulted from polling in the low single digits to the top of the field of candidates, according to surveys conducted by UC Berkeley’s Institute of Governmental Studies that were co-sponsored by the Los Angeles Times.
“Becerra caught lightning in a bottle,” Rosales said. “It could have easily gone to any of the other candidates,” but many had baggage. Videos of Porter losing her temper hurt her image, the source of Steyer’s wealth and his unbridled campaign spending weighed on voters’ minds, and Villaraigosa and Mahan were “more centrist than what most Democrats wanted, and so Xavier Becerra was really the safe choice,” Rosales said.
Before Democratic voters began to narrow down their choices, Trump endorsed Hilton in early April. It helped the former Fox News host break away from Bianco, his main GOP rival.
In the days before the primary election, the race solidified into a three-way contest involving Becerra, Steyer and Hilton.
Steyer stepped up his fight in the remaining days, seeking to squeeze into one of the top two spots by battering Becerra in ads and at campaign rallies as a politician propped up by corporate special interests.
“We cannot afford to have a governor who’s been bought off by Big Oil. Period,” he said at a Sunday rally in Los Angeles.
Corporations, along with labor unions and interest groups including the California Assn. of Realtors, had spent more than $18.7 million to boost Becerra, according to the election spending tracker California Target Book. Many of the same groups also gave money to a committee intended to attack Steyer.
As the election neared, Becerra sharpened his attacks against Steyer, calling the billionaire a “liar” and accusing him of trying to buy the election.
“We are not going to let a billionaire or Trump’s handpicked candidate take over this state,” he said during a Sunday rally in Long Beach.
If Becerra faces off with Hilton in November he’ll have a distinct advantage. Democratic voters outnumber Republicans nearly 2 to 1 in left-leaning California.
Winning the general election would make the 68-year-old Becerra the first elected Latino governor of California. At roughly 40% of the state’s population, Latinos are California’s largest ethnic group but have not been represented in the governor’s mansion since 1875, when then-Lt. Gov. Romualdo Pacheco was elevated to fill a 10-month vacancy.
Times staff writers Iris Kwok, Susanne Rust, Andrew Khouri and Christopher Goffard contributed to this report.
Politics
Video: Steve Hilton Holds Slim Early Lead in California Governor’s Race
new video loaded: Steve Hilton Holds Slim Early Lead in California Governor’s Race
transcript
transcript
Steve Hilton Holds Slim Early Lead in California Governor’s Race
Steve Hilton, a Republican and former Fox News host, held a narrow lead in early votes over two Democratic opponents in California’s nonpartisan primary for governor. The top two candidates will advance to the general election in November.
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“Change is coming to California, and it’s long overdue. I want to just say something from my heart to every single person who’s voted for me. We’re not — We’re not there yet, but it’s looking good.” [cheers] “Tonight, the people of the great state of California, in the greatest nation on earth, have spoken. [cheers] Loudly and proudly. [cheers] And while I take nothing for granted, there are lots of ballots left to be counted, it appears that we are on track to advance to November.” [cheers] “It might take some time to figure out where this is going. We’re going to wait until every ballot is counted. We’re going to give democracy a time to work, and we know we finished really strong.” [cheers]
By Axel Boada
June 3, 2026
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