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Market Reaction to Trump Indictment

Bloomberg Businessweek

The Next Legal Steps in the Criminal Case Against Former President Donald Trump

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We don't know what the charges are because it's under seal. The arraignment itself happens on Tuesday. In order to take that up to a felony, the prosecutors will have to prove that Trump falsified records to cover up a second crime such as violating federal campaign finance law. That's a novel kind of theory. New York prosecutors have never tried that before.

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