A New York appeals court has significantly lowered the bond Donald Trump must pay to $175 million, against the originally ordered $464 million in his civil fraud case, granting him 10 days for payment. This decision prevents the immediate seizure of Trump’s assets by Attorney General Letitia James.
Trump, expressing his satisfaction, committed to meeting the new requirement swiftly. This ruling comes amidst claims of the initial bond being unaffordable, with Trump’s lawyers highlighting the refusal of loans from 30 lenders to cover the original amount.
Meanwhile, in Trump’s separate hush money case, Judge Juan Merchan has scheduled jury selection to begin on April 15. This trial will explore whether Trump violated New York’s finance and tax laws during the 2016 campaign by paying $130,000 to Stormy Daniels. Despite attempts to dismiss or delay the case, Merchan has declared a sufficient preparation period has been granted.
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