“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.”

  • xantoxis@lemmy.world
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    8 months ago

    Lmao, as if there was ever a legitimate and legal way for him to get this money. “What if I sell secrets to somebody rich” was his default strategy before he even entered the white house. This doesn’t make him any more of a security risk because he’s already maxed out that metric many times over.