The couple bows to the House Oversight Committee's demands after arguing for months that its subpoenas were invalid.
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It comes days before a vote on whether to hold the couple in criminal contempt for refusing to appear before the House Oversight Committee after a months-long standoff.
Bill Clinton was acquainted with Epstein, who died in prison in 2019, but has denied knowledge of his sex offending and says he cut off contact two decades ago.
It's unclear when the depositions will take place, but it will be the first time a former US president has testified to a congressional panel since Gerald Ford did so in 1983.
The House Oversight Committee, led by Republicans, approved the measure to hold the Clintons in contempt late last month, with the support of several Democrats.
On Monday evening, Bill Clinton's deputy chief of staff Angel Ureña posted on X confirming the couple would appear before the panel.
"They negotiated in good faith," Ureña wrote in a tweet directed at the House Oversight Committee. "You did not.
"They told you under oath what they know, but you don't care. But the former President and former Secretary of State will be there. They look forward to setting a precedent that applies to everyone."
Both Clintons say they previously provided the committee with sworn statements and have already provided the "limited information" they had on Epstein.
The couple had dismissed the legal summonses as "nothing more than a ploy to attempt to embarrass political rivals, as President Trump has directed".
Bill Clinton has never been accused of wrongdoing by survivors of Epstein's abuse, and has denied knowledge of his sex offending.
Epstein's private jet logs show that Clinton took four international flights in 2002 and 2003.
The former president also appears at the late financier's estate in photos that were among a batch of records released by the justice department to comply with a law passed by Congress mandating the disclosure
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