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Soon, the three Republicans — Mr. Vance, Mr. Trump Jr. and Mr. Vance’s friend, David Sacks, the Silicon Valley entrepreneur — were getting to know one another for a half-hour or so in a private dining room of the Conrad Hotel. It was there, at that impromptu post-dinner hang hours after Mr. Trump became the presumptive Republican nominee, that Mr. Sacks signaled that he was all-in for Trump 2024. On Thursday evening, this time on his own California turf, it will be Mr. Sacks’s turn to host Team Trump. The former president himself is flying to San Francisco to attend a fund-raiser at Mr. Sacks’s $20 million home on the toniest street in the city’s tony Pacific Heights neighborhood. The private event, the first campaign fund-raiser since Mr. Trump’s criminal conviction last week, is expected to raise north of $12 million, according to people involved in the gathering.
Persons: J.D, Vance, Donald Trump Jr, — Mr, Trump, Vance’s, David Sacks, , Conrad, Sacks, Sacks’s Organizations: Republican, Trump Jr, Trump, Team Trump, tony Locations: Ohio, California, San Francisco, Heights
Donald Trump is now a convicted felon after a jury found him guilty in the hush-money trial. His two eldest sons immediately took to social media to denounce the verdict. "Such bullshit," Donald Trump Jr. said on X. AdvertisementDonald Trump's eldest sons immediately posted on social media to denounce their father's historic conviction on Friday in the New York hush-money trial. "Such bullshit," Donald Trump Jr. wrote on X, before publishing more posts, criticizing the verdict and baselessly painting the trial as an attempt to interfere with the 2024 election.
Persons: Donald Trump, Donald Trump Jr, , Donald Trump's Organizations: Service, Business Locations: New
Read previewFormer President Donald Trump, now a convicted felon, fumed over the verdict in his historic New York hush-money trial on Thursday, insisting that he's "a very innocent man." I'm a very innocent man," said Trump, who added that the "real verdict is going to be November 5 by the people." Trump will appeal the verdict, Susan Necheles, a lawyer for the former president told Business Insider. AdvertisementNearly every day of the five-week trial, Trump publicly criticized the Manhattan district attorney office's case against him as well as Merchan, the presiding judge. Moments after jurors started weighing a verdict, Trump told reporters in the courtroom hallway that the case against him was so "rigged" that not even "Mother Teresa" could get acquitted.
Persons: , Donald Trump, fumed, Stormy Daniels, Trump, Trump's, Donald Trump Jr, Susan Necheles, Todd Blanche, Juan Merchan, Michael Cohen, Blanche, Cohen, Joshua Steinglass, Merchan, BULL …, Teresa, Daniels Organizations: Service, Business, New, Trump, Prosecutors Locations: New York, Manhattan, American, Tahoe
Biden did not want to feed Trump’s feverish charge that he was the cause of the former president’s myriad legal problems. But Biden and his campaign has mostly gone for the capillary, not the jugular. (It’s also a little bewildering why Team Biden, struggling with younger voters, cast De Niro as its point man here. Navigating Trump’s legal thicket has been a challenge for Biden from the start. Predictably, the Trump campaign jumped all over Tuesday’s events, accusing the Biden campaign of desperation and jury tampering.
Persons: David Axelrod, , Barack Obama, Obama, Robert De Niro, Joe Biden, Donald, Biden, Trump, “ I’ve, Niro, De, De Niro, he’s, it’s, Fingers, De Niro’s, It’s, Gen, Donald Trump Jr, Jr Organizations: CNN, White, Union, Trump, Twitter, Facebook, Biden Locations: Manhattan, De Niro
With a jury verdict potentially days away, Melania Trump and Ivanka Trump have yet to join the former president as he defends himself against 34 charges. Melania Trump, though, has not appeared alongside her husband at a single Trump rally and rarely joins him in public. A spokesperson for the Trump campaign did not respond when asked if she intends to accompany him for any of the final days of his trial. Ivanka Trump’s absence from the Manhattan trial is not surprising to many close to the former president after she and Kushner’s public distancing from Trump’s latest presidential campaign. “When [Ivanka Trump] was at the White House, her kids were still at the age where they might not know exactly what was going on,” the source said.
Persons: Donald Trump, , Melania Trump, Ivanka Trump, Jared Kushner, Ivanka’s, Trump, hasn’t, Eric Trump, Donald Trump Jr, Eric’s, Lara, Trump’s, Tiffany, Michael Boulos, Michael Cohen, Attorney Alvin Bragg, Robert De Niro, Joe Biden’s, De Niro, it’s, , Lara Trump, Ronna McDaniel, Stormy Daniels, Karen McDougal, Barron, Ivanka, , Charles, Seryl Kushner, Howard Lutnick, Charles Kushner, Daniels, CNN’s Kate Sullivan Organizations: CNN, Manhattan, Attorney, Trump, Trump Jr, Biden, White, Republican National Committee, House, New, Federal, Commission, Republican Locations: Manhattan, Washington, New York, Florida, Trump
The defense did not call Mr. Weisselberg either, nor did Mr. Trump take the stand in his own defense. And for weeks, Mr. Weisselberg’s absence has loomed large over Mr. Trump’s case, the first criminal trial of an American president. And when Mr. Trump was sworn in as president in 2017, he entrusted Mr. Weisselberg, along with Donald Trump Jr. and Eric Trump, with running his company. Mr. Trump, Mr. Cohen told the jury, “approved” of the arrangement and knew that they would falsify records to cover it up. Over the course of their decades together, Mr. Cohen knew, Mr. Trump and Mr. Weisselberg had become more or less symbiotic.
Persons: Donald J, Allen Weisselberg, Trump, Michael D, Cohen, Allen H, Weisselberg, Trump’s moneyman, Trump’s, lucre —, Eduardo Munoz, Stormy Daniels, Weisselberg’s, beholden, ” Emil Bove, Juan M, Justice Merchan, , Evan Vucci, Fred Trump, Donald Trump, Donald Trump Jr, Eric Trump, ” Mr, ” “, Mr, Jefferson Siegel, , Arthur F, Engoron, Justice Engoron, , ‘ Frick, Frack, Cohen’s, Daniels, Susan Hoffinger, Todd Blanche, Dave Sanders, Blanche, Kate Christobek Organizations: Prosecutors, New York Times, Trump, Mr, Reuters, Manhattan, Trump Organization, “ Trump, New, The New York Times, The Trump Organization, Credit, Frick Locations: Washington, New York, Trump, Manhattan, Brooklyn, Queens, York, tatters
So it goes for Menendez, who is likely pleased to have his legal drama playing out in relative obscurity. More recently, Fetterman mocked the senator’s defense, which relies in part on pointing the finger of blame on Nadine Menendez, his wife. Republicans in Washington, as they’ve done during these first two weeks of the Menendez trial in New York, have been consistently deferential to the New Jersey Democrat. Rep. Andy Kim, a popular Democrat from South Jersey, is expected to win the nomination to succeed Menendez. Andrew Giuliani, pressed for a thought on the senator’s trial or the allegations against him, shrugged.
Persons: New York CNN — Andrew Giuliani, Donald, , Rudy Giuliani squinted, , ” He’s, Sen, Bob Menendez’s, , Michael Cohen, Daniels, Menendez, Trump, Donald Trump Jr, Attorney Alvin Bragg, Ronny Jackson, Bob Costello, Pam Bondi, Missouri Sen, Eric Schmitt, Matt Whitaker, Sebastian Gorka, Gov, Dan Patrick, Jackson, María Elvira Salazar, Troy Nehls, Dale Strong, Daniel Webster of, Vladimir Putin’s, Cory Booker, Chuck Schumer, John Fetterman, George Santos, Fetterman, Nadine Menendez, ” Fetterman, Jake Tapper, Mitch McConnell, ” North Dakota Sen, Kevin Cramer, he’s, Andy Kim, Andrew Giuliani, haven’t, ” CNN’s Sabrina Souza Organizations: New, New York CNN, New York, Manhattan Criminal, Court, Republican, Democrat, The New, The New Jersey Democrat, Foreign Relations, Trump, Democratic, Manhattan, Attorney, Texas, Dale Strong of, Pennsylvania Democrat, New York Rep, , Union, , Republicans, New Jersey Democrat, Democrats, GOP, ” North, Politico Locations: New York, Lower Manhattan, Manhattan, The, The New Jersey, Menendez’s, Florida, Sebastian Gorka , Texas, María Elvira Salazar of Florida, Texas, Dale Strong of Alabama, Daniel Webster of Florida, North Korea, Vladimir Putin’s Russia, New Jersey, Pennsylvania, Washington, Egypt, , “ State, Israel, ” North Dakota, South Jersey, New York City
Significantly less clear, though, is how much the NRA can help Trump’s bid to win the White House once again. “Donald Trump is winning no new voters when he boasts about doing nothing about gun violence during his presidency. Period,” said Nick Suplina, a senior vice president at Everytown for Gun Safety, a group founded in the aftermath of the 2012 Sandy Hook Elementary School shooting. Suplina said Trump’s NRA appearance “shows that both the organization and the man are a bit desperate for each other. Among both gun safety advocates and gun rights groups, there’s little disagreement about the stakes in 2024.
Persons: Donald Trump, Trump, Wayne LaPierre, It’s, , “ It’s, I’ve, ” Trump, Kristi Noem, Donald Trump Jr, Joe Biden’s, Bryan Lanza, “ Donald Trump, ” Lanza, , Biden, Nick Suplina, Sandy, Suplina, Aidan Johnston, Johnston, ” Suplina, ” Biden, Karoline Leavitt, CNN’s Kristen Holmes, Alayna Treene Organizations: Dallas CNN —, National Rifle Association, NRA, White House, New, Political, Mar, CNN, North Dakota Gov, Libertarian Party, Republican, Trump, Biden, Safety, Sandy Hook Elementary, Gun Owners of America, White, U.S Locations: New York, Manhattan, Jersey, Washington ,, Minnesota, United States, Wyoming, Pennsylvania, Parkland , Florida
This week, however, Mr. Cohen is poised to unfix Mr. Trump’s life. And, on occasion, Mr. Cohen has said, Mr. Trump put Mr. Cohen on the phone with his wife, Melania, to reassure her that he hadn’t been unfaithful. Mr. Cohen was no longer a Trump Organization employee, and Mr. Trump had excluded him from a job in Washington. When one of Mr. Trump’s friends asked Mr. Trump why he kept Mr. Cohen so close, Mr. Trump replied, “He has his purpose.”Image In 2016, Mr. Cohen campaigned for Mr. Trump, but he did not get a job in the administration. At that meeting, Mr. Cohen has said, he and Mr. Trump confirmed their plan to falsify the records.
Persons: Michael D, Cohen, Donald J, Trump, litigators, Cohen’s, Trump’s, Stormy Daniels, Mr, lackey, , Jim Cole, , Donny Deutsch, ” Mr, Deutsch, “ Donald, Trump’s “, , ” ‘, T.J . Kirkpatrick, ” Jeffrey McConney, dryly, Roy M, Cohn, Joseph McCarthy, Rosie O’Donnell, John Taggart, Barron, Donald Trump Jr, hadn’t, Black, Karen McDougal, Daniels, Jonathan Ernst, Cohen puttered, Lanny J, Davis, doesn’t revel, Omarosa Manigault Newman, Michael, Jim Lo Scalzo, You’re, , Alina Habba, perjured, isn’t, Habba, Ms, “ You’re, Hope Hicks, scoffed, “ Michael Cohen Organizations: York, Prosecutors, Mr, Trump, Associated, The New York Times, Trump Organization, CNBC, Communist, National Enquirer, Playboy, Credit, Nike, “ Fox & Friends, Democratic, Federal Bureau of Prisons, White, New Locations: Manhattan, New York, Long, Trump’s New York, Trump, Miami, Moscow, Iowa, Washington, Otisville
Vance, the Ohio Republican who is a contender to be former President Donald J. Trump’s running mate, hedged on Sunday when he was asked whether he would accept the results of the November election. Mr. Vance is expected to join Mr. Trump on Wednesday in Cincinnati at a fund-raiser, a possible audition to be Mr. Trump’s running mate. He also attended a recent event at Mar-a-Lago, Mr. Trump’s club in Florida, with several other vice-presidential contenders and Republican donors. Mike Pence, who was vice president at the time, rebuffed Mr. Trump’s calls to disrupt the transfer of power after Joseph R. Biden Jr. won the presidency. During Mr. Vance’s interview with CNN on Sunday, he also defended Mr. Trump’s recent comments that “any Jewish person” who had voted for Mr. Biden “should be ashamed of themselves.”“We have to remember, Donald Trump is very direct here,” Mr. Vance said.
Persons: J.D, Vance, Donald J, hedged, ” Mr, CNN’s Dana Bash, Trump, , Trump’s, Mike Pence, Mr, Joseph R, Biden, Donald Trump, hasn’t, Joe Biden, Donald Trump Jr Organizations: Ohio Republican, Union, Mr, ABC News, Trump, CNN, Senate, Republican Locations: Cincinnati, Florida
Barron Trump gets into politics
  + stars: | 2024-05-09 | by ( Brent D. Griffiths | ) www.businessinsider.com   time to read: +2 min
Barron Trump is set for to share in Donald Trump's big moment. Trump's youngest son will be a delegate to this July's Republican National Convention. Florida Republicans selected Barron Trump, 18, as an at-large delegate to the Republican National Convention in Milwaukee this July. Tiffany Boulos, Trump's youngest daughter, and her husband, Michael, are also at-large delegates. Trump, who also served in the Trump administration, said she would stay away from her father's bid to reclaim the White House.
Persons: Barron Trump, Donald Trump's, , Trump, Barron, Juan Merchan, Donald Trump Jr, Eric Trump, Tiffany Boulos, Michael, Kimberly Guifoyle, Ivanka Trump, Jared Kushner, Ron DeSantis, Joe Biden Organizations: Republican National Convention, Service, Florida Republicans, Politico, NBC, Republican, Former Fox News, Trump Jr, White, Sunshine, Florida Gov, Trump Locations: Milwaukee, Florida
CNN —Former President Donald Trump’s youngest son, Barron Trump, was selected by the Florida GOP as an at-large delegate for Florida at the Republican National Convention, according to a list of delegates obtained by CNN. Barron joins several other family members – Donald Trump Jr., Eric Trump and Tiffany Trump – who were also selected. Before Donald Trump’s hush money criminal trial began, his attorneys had asked for May 17 off so that he could attend Barron’s graduation. The Republican National Committee will hold its convention in Milwaukee in July. Last month, the RNC asked the Secret Service to keep protesters farther back from the convention than is currently planned.
Persons: Donald Trump’s, Barron Trump, Barron, – Donald Trump Jr, Eric Trump, Tiffany Trump –, Steve Witkoff, Trump’s, Sergio Gor, Trump, Todd Steggerda, , , Alexi Worley, ” Donald Trump, CNN’s Kate Sullivan, Shania Shelton, Daniel Strauss Organizations: CNN, Florida GOP, Florida, Republican National Convention, Trump, NBC News, Republican National, RNC, Service, Secret Locations: Florida, Milwaukee, Milwaukee’s
Kristi Noem is facing concerns about her forthcoming book beyond her bizarre anecdote that she killed the family's 14-month-old dog because it was too aggressive. "We've been made aware that the publisher will be addressing conflated world leaders' names in the book before it is released," Noem spokesperson Ian Fury told the publication. Advertisement"Hi, Governor, this is Ambassador Nikki Haley, and I just wanted to introduce myself and have a conversation," Noem wrote of the talk. After the conversation, Noem claims she called an aide. "Nikki has long called and written notes supporting other women when they go through challenging times," Haley spokesperson Chaney Denton told Politico.
Persons: , Kristi Noem, Kim Jong Un, We've, Noem, Ian Fury, Donald Trump's, I've, Steve Bannon, Donald Trump Jr, Kim mixup isn't, Nikki Haley, Haley, Haley's, Trump, Nikki, Chaney Denton Organizations: Service, Dakota Gov, Politico, North, Business, South, Republicans, Trump, White, GOP Locations: South Dakota
Kristi Noem keeps hurting her chances to become Donald Trump's running mate. Kristi Noem has campaigned so badly to be former President Donald Trump's vice president that even some of the most controversial Trumpworld figures are turned off. If Noem truly wants to be vice president, this has been one of the worst efforts to obtain the job. AdvertisementIt's a difficult balance trying to become vice president. At worst, a potential vice president could lose all the leverage to shape the role in a way that would benefit him or her the most.
Persons: Kristi Noem, Donald Trump's, Noem, , I've, Steve Bannon, Donald Trump Jr, Bannon, Trump, Tim Walz, Nicole Malliotakis, Joe Biden, Barack Obama, Harry Truman, FDR, Sen, JD Vance, Trump . Sen, Marco Rubio, Doug Burgum, Tim Scott of, George Costanza, Saul Goodman, Saul, Biden, Los Angeles Mayor Eric Garcetti, Karen Bass, Susan Rice, Gretchen Whitmer, Elizabeth Warren Organizations: South Dakota Gov, Service, White, Trump Jr, Cricket, The Guardian, Minnesota Gov, GOP, New, New York Republican, Politico, Gov, Ohio Republican, Trump ., Trump, Trump . North Dakota Gov, Wall Street, Los Angeles Mayor, New York Times, Michigan Gov Locations: New York, Texas, Ohio, Trump ., Tim Scott of South Carolina, Los Angeles, Biden's White
Influencer marketing is booming, and brands spend billions to promote products with a personal touch. But these days, the industry of influencer marketing is completely off the rails. Since 2016, the dollars driving the influencer marketing industry have ballooned from $1.6 billion a year to an estimated $21.1 billion in 2023, according to Influencer Marketing Hub. Marketers, brands, influencers, and platform companies all have opportunities to exploit one another to varying degrees of harm." It's not great for consumersDespite the money flying around, the FTC only provides basic guidelines about disclosure requirements for influencer marketing to protect consumers of their content.
Persons: , Emily Hund, Hund, David Camp, Michael Jordan, George Foreman, Brooke Shields, Calvin Klein, isn't, It's, Kim Kardashian, influencer Chiara Ferragni, Lindsay Lohan, DJ Khaled, Naomi Campbell, Kardashian, Dylan Mulvaney, Bud Light, Ben Shapiro, Donald Trump Jr, Camp Organizations: Service, Business, Social Media, Harvard Business, CBS News, Nike, Salton, FTC, SEC, Consumer, NBC Locations: influencers, California
JD Vance and Donald Trump Jr. have developed a close friendship and communicate "nearly daily," per The Times. Vance was once a critic of former President Trump but has become a champion of the ex-president. AdvertisementWhen Republican Sen. JD Vance of Ohio arrived in the Senate last year, he was already a well-known figure, boosted by his best-selling memoir "Hillbilly Elegy" and its subsequent film adaptation. For many GOP figures, Vance represents the future of the party, one that embraces the more isolationist "America First" worldview advanced by former President Donald Trump. This story is available exclusively to Business Insider subscribers.
Persons: Vance, Donald Trump Jr, Trump, , Republican Sen, JD Vance, Donald Trump Organizations: Times, Service, Republican, Business Locations: Ohio
He had publicly called Mr. Trump “loathsome” and an “idiot.” Once, he described him as “cultural heroin.”Then came an unexpected lifeline. “Enough with the lies being told about this guy,” Donald Trump Jr., the former president’s son, wrote on Twitter, assuring his followers that Mr. Vance had become a fan of his father. A month later, encouraged by his son, the elder Mr. Trump endorsed Mr. Vance. Today, Mr. Vance is one of the former president’s most reliable allies and a leader of a band of Republicans pushing Senate Republicans to the right. And his star has only continued to rise: Mr. Vance is on the list of Mr. Trump’s possible running mates, according to two people familiar with the discussions.
Persons: Donald J, Trump, J.D, Vance, ” Donald Trump Jr Organizations: Republican, Twitter, Republicans Locations: Ohio
Musk has been in public spats with Brazil's Supreme Court and the Australian government this year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Musk said on Friday: "The Australian censorship commissar is demanding global content bans." Musk said on X the content had been "censored" for Australia, "pending legal appeal, and it is stored only on servers in the USA." Representatives for Musk did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: Elon, Musk, , That's, he's, Mar Mari Emmanuel, Australia's, Tanya Plibersek, Alexandre de Moraes, de Moraes, Brazil's, De Moraes, Volodymyr Zelenskyy, Zelenskyy's, Donald Trump Jr Organizations: Twitter, Brazil's, Service, Reuters, Australia's eSafety, BBC News, SpaceX, Getty, Business Locations: Sydney, Australian, Australia's, Australia, USA, Brazil, Russia, Ukraine, Crimea, Ireland, Dublin
AdvertisementDonald Trump enters his first criminal trial every day flanked by lawyers, court officers, Secret Service members, and political advisors. AdvertisementFormer President Donald Trump speaks alongside his wife, former first lady Melania Trump, during a rare joint appearance as they arrived to vote in Florida's primary election. Bederow explained that Melania Trump's courtroom support could be "potentially very powerful" given the salacious nature of the hush-money case against Trump. Danilewitz said Trump's defense team may have a different strategy in mind when it comes to Melania Trump. If Trump's family does decide to show up Monday, they might want to wear sweaters.
Persons: Donald Trump's, , Donald Trump, Melania Trump, Giorgio Viera, Mark Bederow, Bederow, Melania, I'm, Trump, Stormy Daniels, Daniels, Jill Huntley Taylor, Huntley Taylor, they're, he's, Julia Vitullo, Martin, Trump's, it's, Sam Bankman, Fried, Ghislaine Maxwell, Jeffrey Epstein, Jane Rosenberg Melania Trump, Jean Carroll, Carroll, Justin Danilewitz, Brendan McDermid, Arthur Aidala, Rudy Giuliani, Harvey Weinstein, It's, That's, Aidala, Danilewitz, Todd Blanche, Susan Necheles, Emil Bove, Gedalia Stern —, Steven Cheung, Jason Miller, Margo Martin, Natalie Harp, Clifford Robert, Donald Trump ., Ivanka Trump, Eric Trump, Donald Trump Jr, Donald Jr Organizations: Service, Secret Service, Getty, Trump, Prosecutors, Vera Institute of Justice, REUTERS, AP, Former Brooklyn, New, Trump Organization, Melania Trump, New York Times Locations: Manhattan, New York
Donald Trump Jr. said he is lobbying for his father to choose a "fighter" as his running mate. He said he is suggesting people like Tucker Carlson, Vivek Ramaswamy, and Sen. JD Vance. Donald Trump is still unsure about who will be his vice presidential pick, reports say. AdvertisementDonald Trump Jr. said he's lobbying his father to pick a "fighter" like Tucker Carlson or Vivek Ramaswamy to be his running mate. "What I want in that role is I want a fighter," Trump Jr. told The New York Post, "I understand what they are going to throw at us."
Persons: Donald Trump Jr, Tucker Carlson, Vivek Ramaswamy, Sen, JD Vance, Donald Trump, , Trump Organizations: Service, New, Business Locations: New York
“She’ll definitely have a role, but in terms of what that is, I don’t know,” a source close to the Trump campaign said. They assume Melania Trump will have some role – yet it has not been set. Donald Trump Jr., Eric Trump and Tiffany Trump were there. That absence has only been heightened by her husband, who has been promising she’ll be on the campaign trail soon. “She loves our country very much,” Donald Trump told NBC’s Kristen Welker in an interview in September.
Persons: Melania Trump, Trump, “ She’ll, , Donald Trump, – hasn’t, she’s, it’s, ” Donald Trump, Donald Trump Jr, Eric Trump, Tiffany Trump, , , Megyn Kelly, She’s, Jack Nicklaus, Viktor Orban, Barron, Rosalynn Carter, “ Melania, , Donald, Jill Biden, Joe Biden, ’ ” Stephanie Grisham, Melania, Hillary Clinton ‘, NBC’s Kristen Welker, she’ll Organizations: CNN, Republican National Convention, Republican, Hungarian, National Archives, Justice Department, White, Locations: Largo, Florida, Mar, Washington , DC, Iowa
Read previewFormer President Donald Trump is a publicly tradeable asset once again. Trump's initials are one of the new stock symbols for Truth Social's parent company. Symbols can range from the fairly obvious APPL (Apple) to the playful, motorcycle maker Harley-Davidson uses HOG on the New York Stock Exchange. Trump's political fortunes will be closely tied to Truth Social's parent, Trump Media & Technology Group. By 2004, the company was delisted from the New York Stock Exchange after filing for Chapter 11 bankruptcy protection.
Persons: , Donald Trump, Davidson, Trump, It's, Jeffrey Yass, Donald Trump Jr Organizations: Service, Nasdaq, New York Stock Exchange, Business, Trump Media & Technology Group, Trump Media, Susquehanna International Group, New York Times, Biden, Susquehanna, Trump Hotels, Casino Resorts, Atlantic Locations: Yass
A New York appeals court on Monday paused for 10 days a massive civil fraud judgment against former President Donald Trump, and sharply reduced to $175 million the bond amount he would have to post to obtain a longer stay of that damage award. The ruling came the same day that New York Attorney General Letitia James would have been allowed to start seizing Trump's real estate and bank accounts to satisfy the $454 million-and-rising business fraud judgment in the case. Because of the size of the fraud judgment, the companies insisted that Trump show "cash reserves approaching $1 billion," according to his lawyers. But neither Trump nor the Trump Organization company has that amount of cash on hand, the filing said. The order also stayed Engoron's judge's ruling that had barred Trump's sons, Donald Trump Jr. and Eric Trump, from serving as officers and directors of New York companies for two years.
Persons: Donald Trump, Letitia James, James, Trump, Arthur Enfgoron's, Donald Trump Jr, Eric Trump Organizations: Manhattan Criminal, New York, Trump Organization, Trump, Manhattan, New Locations: New York City, York, New York
Seizing assets is a common legal option when someone doesn’t have the cash to pay a civil court penalty. In Trump’s case, potential targets could include such properties as his Trump Tower penthouse, aircraft, Wall Street office building or golf courses. Trump maintained on social media Friday that he has almost $500 million in cash but intends to use much of it on his presidential run. Engoron sided with the attorney general and ordered Trump to pay $355 million, plus interest that grows daily. Some co-defendants, including his sons and company executive vice presidents, Donald Trump Jr. and Eric Trump, were ordered to pay far smaller amounts.
Persons: Donald Trump, Letitia James, James, Trump, doesn’t, Arthur Engoron, Stewart Sterk, , Engoron, Donald Trump Jr, Eric Trump, what's, wouldn't Organizations: Trump, ABC, Cardozo School of Law, New, underwriters Locations: New York
In this photo illustration, Digital World Acquisition Corp (DWAC) logo is seen on a smartphone and Trump Media & Technology Group (TMTG) logo on a pc screen. Shares of Digital World Acquisition Corp. rose about 10% Monday morning after the approval of a merger between the shell company and the social media group owned by former President Donald Trump. DWAC shareholders voted Friday to approve the combination between the special purpose acquisition company, or SPAC, and Trump Media & Technology Group, the owner of the social media platform Truth Social. Shares in the merged company could begin publicly trading this week under the ticker symbol DJT, Trump's initials. Monday's rise comes after the stock fell nearly 14% Friday after DWAC shareholders signed off on the merger.
Persons: Donald Trump, Trump, Donald Trump Jr, Robert Lighthizer Organizations: Trump Media & Technology, DWAC, Trump Media & Technology Group, Trump Locations: Trump
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