Former President Donald Trump is facing a financial crisis after a New York judge ordered him to pay a $454 million judgment. Trump's legal team believes it is nearly impossible to pay the judgment, which includes additional interest. Despite attempting to secure a bond by offering real estate as collateral, none of the 30 surety companies contacted accepted the terms. Trump now plans to appeal the judgment, but he must provide proof of the bond value in cash, stock, or similar assets. This situation is unprecedented, as former federal prosecutor Renato Mariadi noted that he has never seen a judgment of this size in a real estate case before.
President Trump’s attorneys call the $454 million penalty against him “impossible,” SCOTUS hears arguments in case that could affect how social media companies share and censor information, and speculation surrounding Kate Middleton’s wellbeing continues to grow. Get the facts first with Morning Wire.
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