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Donald Trump’s lawyers on Wednesday asked a New York appeals court to keep the $464 million judgment the former president owes as recompense for decades of financial fraud in the state, offering instead to post a $100 million bond while they appeal the ruling.
NEW YORK (AP) — Donald Trump’s lawyers told a New York appellate court Wednesday that he’s prepared to post a $100 million bond to halt collection of his staggering civil fraud penalty, arguing that provisions of the verdict make it impossible for the former president to secure a bond for the full amount.
WASHINGTON (AP) — House Speaker Mike Johnson and House Minority Leader Hakeem Jeffries stood together at the annual National Prayer Breakfast — an opportunity, in the words of one introductory speaker, to “put our political differences aside.”
Attorneys for Donald Trump on Wednesday said the former president and his co-defendants plan to post a $100 million bond to pause enforcement of their civil fraud judgment — though that is just a fraction of the total amount that they have been ordered to pay. To secure a "complete" appeal bond — which could cost more than $550 million — would be "impossible," the defense lawyers wrote in a court filing to the appellate division of Manhattan Supreme Court. New York Attorney General Letitia James, who brought the fraud case, urged the appeals court later Wednesday to deny Trump's bid to stay the judgment. "There is no merit" to the claim that "a full bond is unnecessary because they are willing to post a partial undertaking of less than a quarter of the judgment amount," James wrote. "Defendants all but concede" that Trump "has insufficient liquid assets to satisfy the judgment," she wrote. James highlighted a claim from
