“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.”

  • Default_Defect@midwest.social
    link
    fedilink
    English
    arrow-up
    3
    ·
    9 months ago

    One of my favorite things about lemmy is getting to check the mod logs to see the unhinged shit people get banned for rather than it being lost, like tears in rain…