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Bloomberg Law

Weekend Law: Trump Fined $364 Million & First Trial Date

Feb 17, 2024
Legal experts discuss Trump's $364 million fine, first trial date, and efforts to delay trials. Also, the impeachment of Alejandro Mayorkas and House Republicans' efforts to impeach Biden administration officials are analyzed.
37:53

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Quick takeaways

  • Trump fined $364 million for inflating asset values in New York.
  • Impeachment of Mayorkas highlights concerns over devaluation of impeachment process.

Deep dives

Trump and his real estate company fined $364 million

A judge in New York has handed down a verdict finding Donald Trump and his real estate company $364 million in penalties and barring him from running any business in the state for three years. The judge found that Trump and his companies engaged in a scheme of inflating asset values to obtain better loan terms. This is a major victory for New York Attorney General Leticia James, who sued Trump after a three-year investigation.

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