“Any foreign adversary seeking to buy a President knows the price,” warns Rep. Sean Casten
A Democrat who sits on the House Financial Services Committee warned that former President Donald Trump’s inability to secure a bond for his $464 million fraud judgment makes him a “massive national security risk.”
Trump’s lawyers in a filing on Monday told a New York appeals court that he cannot secure a bond after approaching 30 underwriters.
“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” the attorneys wrote.
The filing quoted an insurance broker who signed an affidavit stating that securing the bond is a “practical impossibility.”
You are giving Trump far too much credit.
The man neither understands nor cares about macroeconomics.
He wants power in order to enrich himself. He has no other policy position.
What credit? It was shortsighted, and ignoring it and hoping it would go away did far more economic and real life harm than if he had just followed established procedure. He should be in the Hague for how he handled Covid, forget Jan 6 and classified documents.