Speaker 1
And here's what they said. Donald Trump is no longer rich enough for the country's most exclusive club. With an estimated $2.6 billion fortune, he is $300 million shire the cutoff for the Forbes 400, ranking of America's richest people, the annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the list. Now, according to reporter Dan Alexander, the ex-president's net worth has dropped more than $600 million from a year ago, largely thanks to the social media network he founded after being kicked off the platform, formerly known as Twitter, for inciting an attack on the Capitol. And that's just the tip of the iceberg. Trump is still embroiled in the pesky fraud trial and faces more than a $250 million penalty, not to mention the liquidation of his most prized properties. So let's face it, the man is completely and totally fucked. He even lost his desperate appeal on Friday to overturn and Goron's ruling. Trump's lawyers had asked the state's intermediate appellate court to suspend the trial and prevent Judge Arthur and Goron from enforcing a ruling that he made last week. And Goron's decision revoked the Republican presidential front-runners' business licenses and puts a court-appointed receiver in charge of his companies. So instead of getting grilled by my lawyers and watching his business get further decimated, well what did Trump do? He decided to split down. It seems his eyes and attention are focused on the House Speaker fight and the potential that he could become the interim speaker. The United States Constitution does not require the House Speaker to be a member of Congress. Far-right members like Matt Gaetz and Marjorie Toilett Green, they're out there urging Trump to throw his hat in the ring. So Trump, for his part, has thrown his support behind Representative Jim Jordan, chairman of the powerful House Judiciary Committee. Trump has said, however, that he would consider serving his speaker in an interim capacity if needed. That prospect could get more serious consideration if neither Jordan nor House Majority Leader Steve Scalise, who also is in the running, can get majority support in the full chamber. But the news is more ridiculous than frightening. When Trump's name was added to the list by Gaetz, you know what that was? There was fucking laughter on the floor.
Speaker 3
When someone says you should use a product or service, you are skeptical. You should be. Which is why Myers-Otto won't ask you to trust them for your vehicle repair and maintenance. However, they will
Speaker 1
ask you to trust their customers. My name is Jeff. I've been going to Myers-Otto for a while. It's nice when you can deal with the owner of a business. And for me, dealing with Dwayne, he goes out of his way to take care of you. It's always going that extra mile for your customer. Find out for yourself. Myers-Otto, just north of Elle on 140th Street. And now for the main event. Joining us today is our old friend Harry Potter. The former U.S. Attorney and Deputy Assistant Attorney General. Litment is currently the legal affairs columnist for the Los Angeles Times and a professor of constitutional law at both UCLA and UCSD. Harry can be seen as a legal and political commentator on CNN's campaign. Litment is also the creator and host of the Talking Feds podcast. So you'd be smart to subscribe to the Talking Feds YouTube channel because new episodes are posted daily and he features the greatest legal minds and toughest nails former prosecutors who are all involved in the news. And all things Trump indictment. But today Harry is here with us to give us the rundown on the latest in Trump's four criminal indictments and the continued fallout from Judge Angoron's ruling. So let's go now to that conversation. Okay, so Harry, let's start today by discussing the larger fallout of Judge Angoron's ruling. I mean, what in your mind happens to Trump politically as well as legally as he faces the reality of the so-called corporate death penalty? Oh, all right. So where you're not talking about the gag order, you're talking about the fraud trial. Yeah. So
Speaker 2
if that's right, first you would know this better than me. And let me just say as I always do about this case that has become front and center, it is the case that Michael Cohen built from the congressional testimony. To me, and I've done my best to take a crash crash course in New York law. It's devastating. It's, you know, a big financial hit, but control if he, if he does, can't say what happens with 40 Wall Street with Trump Tower with the golf courses in New York and, and even the, you know, other LLCs we don't know about, even though with complicated corporate arrangements, he'll still have things that he can mess around with. To me that not only really is a, as a body blow of near mortal force, but really hit some where he breathes.