“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.”

  • Tronn4@lemmy.world
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    8 months ago

    He is a security threat first and foremost with his previous debt he should never had had a security clearance. His outside connections make him the exact person people with clearances are trained to spot and bring up.

  • arc@lemm.ee
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    8 months ago

    I wonder what would happen if Putin straight up offered to cover his debts? I expect Trump would actually accept that offer and his idiot base would see nothing wrong with it if he did.