"Trump's $500 Million Cash Claim and New York Judgment Battle"

1 min read
Source: PBS NewsHour
"Trump's $500 Million Cash Claim and New York Judgment Battle"
Photo: PBS NewsHour
TL;DR Summary

Donald Trump claims to have nearly $500 million in cash but prefers to use it for his presidential campaign rather than to pay the $454 million civil fraud judgment against him in New York. His lawyers have been struggling to obtain a bond covering the judgment, and Trump's cash claim has not been substantiated. New York Attorney General Letitia James is fighting Trump's request to excuse him from providing financial guarantees, and she is prepared to seek to seize some of his assets if an appeals court does not intervene.

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