Former President Trump spoke at a news conference in downtown Manhattan on Monday afternoon, shortly after the New York Court of Appeals cut the bond he must pay in New York Attorney General Letitia James’ case by more than half and set a trial date for the case. is scheduled to open. A case was brought against him by Manhattan District Attorney Alvin Bragg.
President Trump is scheduled to hold a press conference at 40 Wall Street starting at 1 p.m.
More than half of Trump’s $454 million judgment bond thrown out by appeals court ruling
The former president and potential 2024 Republican presidential nominee said he would comply with a New York appellate court ruling requiring him to post $175 million bail within 10 days.
New York’s attorney general says he is “prepared” to ask a judge to seize assets if former President Donald Trump cannot pay the $354 million judgment handed down in his civil fraud case. (ABC News/Screenshot/Brendan McDiarmid Poole/Getty Images)
The deadline for Trump to enter his initial $464 million judgment set by Judge Arthur Engoron is 11:59 p.m. Monday, after a months-long non-jury civil fraud trial. handed down the verdict.
Judge Arthur Engoron presides over the Trump Organization civil fraud trial in New York State Supreme Court in New York City on November 13, 2023. (Erin Schaff/Pool/AFP via Getty Images)
Mr. Trump’s news conference also came after Mr. Trump sat in a Manhattan courtroom for several hours Monday morning in a separate case filed by Mr. Bragg.
The judge overseeing the case, Juan Melchán, rejected President Trump’s motion to further delay the hush money trial. Machan announced that the trial would begin on April 15th.
Trump hush money trial begins April 15th, judge rules deny motion for postponement
The trial was originally scheduled to begin on Monday (March 25), but Mr. Marchand was asked to sit on the jury after the Justice Department turned over more than 15,000 records of potential evidence in a previous federal investigation. The selection has been postponed to mid-April. Mr Machan wanted to give the defense time to consider these documents.
Manhattan District Attorney Alvin Bragg (left) and former President Trump (right). (Victor J. Blue/Bloomberg via Getty Images//Brandon Bell/Getty Images)
Mr. Bragg indicted Mr. Trump on 34 counts of first-degree falsification of business records. Mr. Trump has pleaded not guilty to all charges.
Bragg alleged that Trump “repeatedly fraudulently falsified New York business records to cover up his criminal conduct in concealing information harmful to voters during the 2016 presidential election.”
The charges are related to allegations of hush money payments made during the 2016 presidential campaign.
In 2019, federal prosecutors in the Southern District of New York chose not to indict Trump in connection with payments to adult film actress Stormy Daniels and former Playboy model Karen McDougal.
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The Federal Election Commission also abandoned its investigation into the issue in 2021.
