“Desperate” Trump’s inability to get fraud bond makes him “massive national security risk,” Dem says - Lemmy.World

“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 [https://www.salon.com/2024/03/18/admits-he-cant-get-fraud-bond-in-filing-suggesting-he-is-much-less-wealthy-than-he-portrays/?in_brief=true] for his $464 million fraud judgment makes him a “massive national security risk.” Trump’s lawyers in a filing [https://www.salon.com/2024/03/18/admits-he-cant-get-fraud-bond-in-filing-suggesting-he-is-much-less-wealthy-than-he-portrays/?in_brief=true] 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.”