New York Attorney General Letitia James Moves to Seize Donald Trump’s Assets as $464m Bond Deadline Looms
In a dramatic turn of events, New York Attorney General Letitia James has taken concrete steps towards seizing Donald Trump’s assets in anticipation of his potential inability to meet the $464m bond deadline in his fraud trial. The deadline for the bond falls on Monday, and Ms. James has already registered the judgement from the trial with the county clerk’s office in New York’s Westchester County.
According to reports, James’ office has begun preparations to repossess Trump’s Seven Springs estate and Trump National Golf Club in the area. Trump’s attorneys have reportedly struggled to secure the necessary funds from surety companies, describing it as a “practical impossibility.”
Meanwhile, a new transcript from the House select committee on the January 6 attack reveals that a White House valet testified that then-President Trump threatened Vice President Mike Pence in a phone call before the Capitol riot. Trump reportedly warned Pence that his political career would be in jeopardy if he did not take action to subvert the certification of the 2020 Election results.
The possibility of Trump losing his properties has sparked a range of reactions in New York, with some expressing concern about the iconic Trump Tower potentially falling into the hands of the state. Republican Rep Elise Stefanik condemned the move, calling it unprecedented election interference and emphasizing the need for the appellate courts to intervene.
As the deadline approaches, the situation continues to unfold, with the fate of Trump’s assets hanging in the balance. The outcome of this high-stakes legal battle could have far-reaching implications for both Trump and the state of New York.
Historically, the case against Trump marks a significant moment in the ongoing legal challenges faced by the former president. It underscores the complex web of legal and political entanglements that have surrounded Trump since his time in office, shedding light on the power dynamics at play in the American legal system. As the deadline draws near, all eyes are on New York as the battle over Trump’s assets unfolds.
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