Trump said he has “almost $500 million” in cash, days after his lawyers stated he could not post the judgement of nearly half a billion dollars in his New York civil fraud case
New York — November 6 : Former President Donald Trump departs the courtroom after testifying in his civil fraud case at the State Supreme Court of New York on Monday, Nov. 06, 2023, in New York, NY. Former president Donald Trump claimed on Friday that he had “almost $500 million” in cash, undercutting his lawyers’ previous statements that he would not be able to pay a bond of more than $450 million to secure a massive judgment in his New York civil fraud case.
Trump’s suggestion sharply contrasts what his lawyers told a New York appellate court earlier this week that it would be “” for him to post a bond covering the full amount. His lawyers cited rejections from 30 bond underwriters in their request for a stay of enforcement on the judgment.New York Attorney General Letitia James , who brought the lawsuit against Trump, can begin enforcing the judgment March 25, barring financial or court developments.
Trump’s claim also comes as the former president faces a significant cash disadvantage in his presidential campaign compared to President Biden. On Wednesday night as Federal Election Commission filings were due, Biden’s campaign reported $71 million cash on hand for his principal campaign committee, compared to Trump’s $33.5 million, at the end of February.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Almost $500 million granted by US government to clean energy projects on mine landNo 1 source of global mining news and opinion
Read more »
Trump claims he has $500 million in cash, undercutting lawyers' claims on bond moneyRebecca Shabad is a politics reporter for NBC News based in Washington.
Read more »
BetRivers Casino Promo Code - Use 'COVERSBONUS' for $500Use our BetRivers Casino promo code 'COVERSBONUS' to claim up to $500 as a second chance bonus. Click to reveal your unique offer in MI, NJ, PA, & WV.
Read more »
Photoroom, An App That Generates AI Images In One Second, Is Now Worth $500 MillionI am a San Diego-based reporter covering technology with a focus in AI and consumer tech. I graduated from the Missouri School of Journalism with a master's degree in magazine journalism and before that, got my bachelor's degree in investigative journalism.
Read more »
You Can Score One of Dyson’s Best Vacuums for Under $500We’re not sure we’ve ever seen a 35% off a Dyson vacuum, but right now you can buy the Dyson V11 Plus vacuum cleaner for $250 below its retail price.
Read more »
Deep-sea mining could cost $500 billion in lost value, study saysNo 1 source of global mining news and opinion
Read more »