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President Joe Biden on Wednesday joked about his 2024 election opponent’s outsized legal troubles when he invoked former president Donald Trump’s problems in finding a bond to secure a nearly half-billion dollar judgment against him as he addressed a crowd of supporters at a fundraiser in Dallas, Texas.
Donald Trump has sent out a panicked fundraising message to his supporters as he begs them to help foot his ballooning legal bills.
Former Trump White House press secretary Stephanie Grisham on Wednesday said she could envision Donald Trump declaring bankruptcy in a bid to stall the seizure of his assets as the former president struggles to meet the bond to appeal the $464 million damages he owes following his civil fraud trial.
Former federal prosecutor Andrew Weissmann said he highly doubted former President Donald Trump’s claim that he’s been unable to obtain a $464 million bond to appeal his civil fraud conviction.
The prospect that Donald Trump may fail to post a bond by Monday’s deadline for the $464 million civil fraud penalty against him and his co-defendants has frustrated the former president and some members of his inner circle, a Trump ally and two campaign sources familiar with the situation told NBC News.
The office of New York Attorney General Letitia James urged the New York state Supreme Court on Wednesday to reject former President Donald Trump’s “extraordinary” request to waive or reduce the $464 million bond he owes following his civil fraud conviction.
Lawyers for Donald Trump notified an appeals court this week that their client has failed to secure a bond to satisfy the $464m civil fraud judgment levelled against him by a New York court, saying finding a company to back such a large amount of money was proving a “practical impossibility”.
Peter Navarro, a former trade adviser to Donald Trump, surrendered to authorities on 19 March to begin a four-month sentence at a prison near Miami, Florida, after he was convicted on two counts of criminal contempt of Congress.