Donald Trump’s bond is now in even more danger of being rejected
It was never clear if Donald Trump was going to be able to come up with the bond in his New York civil fraud trial. But what was intuitively clear was that if he tried to post bond and it wasn’t on the up and up, NY AG Letitia James and Judge Arthur Engoron – two savvy straight shooters – weren’t going to let him get away with it.
To that end, after Trump posted a reduced bond at the last minute, James began raising questions about its validity. Accordingly, Engoron scheduled a hearing for next week in order to determine whether the bond should be allowed to stand.
Now Letitia James has made her formal filing for that hearing, and she’s concluded that the bond is indeed illegitimate. She says that it fails to meet the “requirements of trustworthiness and competence” and wants the judge to reject it.
Now it’s up to Judge Engoron, who will have to look at the facts and make his own decision. But given that Letitia James has done a compelling job of poking holes in Trump’s bond filing, there’s good reason to expect that it could indeed be rejected next week. This would clear the way for James to begin seizing Trump’s assets.
Bill Palmer is the publisher of the political news outlet Palmer Report