"Knight Specialty Insurance Company Defends Trump's Financially Secure $175M Bond in Court"

The firm that posted a $175 million bond for Donald Trump defended the deal in a court filing, asserting that it is adequately secured by the former president's cash. New York Attorney General Letitia James had raised concerns about the arrangement, including the licensing of the bond company. The filing also revealed that the bond is backed by Trump's Charles Schwab brokerage account and argued that the bond company is properly licensed. However, some experts believe that the filing may not have fully addressed all of James's concerns, and a court hearing is set to examine the matter further.