On Friday, the judge overseeing Mr. Trump’s civil fraud case issued a final ruling that inflicted a staggering financial penalty.
The judge, Arthur F. Engoron, also imposed several new restrictions on Mr. Trump and his family business.
For three years, Mr. Trump cannot run any New York company, including portions of his own, nor can he obtain a loan from a New York bank.
And the family business will be under the thumb of a watchful outsider, a court-appointed monitor who can hamstring the company if she does not like what she sees.
All told, the judge’s decision poses unprecedented threats to Mr. Trump’s finances, his family business and his ego at a critical time for the former president.
Persons:
” Donald J, Trump, Arthur F
Organizations:
White, Trump Organization
Locations:
New York