Intro

Last week, when a civil court judge in New York ruled against Donald J. Trump, he imposed a set of penalties so severe that they could temporarily sever the former president from his real-estate empire and wipe out all of his cash.

Jonah Bromwich, who covers criminal justice in New York, and Maggie Haberman, a senior political correspondent for The Times, explain what that will mean for Mr. Trump as a businessman and as a candidate.

Guests: Jonah E. Bromwich, a criminal justice correspondent for The New York Times; and Maggie Haberman, a senior political correspondent for The New York Times.

Background reading: 

• Mr. Trump was met with a $450 million blow to his finances and his identity.
• Here’s a guide to the New York law that made the fierce punishment possible.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.