ā€œAny foreign adversary seeking to buy a President knows the price,ā€ warns Rep. Sean Casten

A Democrat who sits on the House Financial Services Committee warned that former President Donald Trumpā€™s inability to secure a bondĀ for his $464 million fraud judgment makes him a ā€œmassive national security risk.ā€

Trumpā€™s lawyers in aĀ filingĀ on Monday told a New York appeals court that he cannot secure a bond after approaching 30 underwriters.

ā€œThe amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,ā€ the attorneys wrote.

The filing quoted an insurance broker who signed an affidavit stating that securing the bond is a ā€œpractical impossibility.ā€

  • TropicalDingdong@lemmy.world
    link
    fedilink
    arrow-up
    5
    arrow-down
    1
    Ā·
    9 months ago

    I mainly just donā€™t think that the majority of leaders are remotely qualified, nor do I think a career of seeking power qualifies you to wield it.

    Iā€™d rather you were President (so long as you meet some minimum qualifications).