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.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Jordan Bardella: The 30-year-old populist hoping to be France's next president

Political Thinking with Nick Robinson

Demographic fears and immigration

The AI-powered Podcast Player