National Politics

Appeals Court Lowers Trump's Half a Billion Dollar Bond to $175 Million

New York appeals courts cut Donald Trump a major break after ruling that the former president and his sons Eric and Donald Trump Jr. have 10 days to pay the new bond of $175 million.

“I greatly respect the decision of the appellate division and I’ll post the $175 million in cash or bonds or security or whatever is necessary very quickly within the 10 days, and I thank the appellate division for acting quickly,” said Trump.

In February, Engoron ruled that Trump and his sons, Eric and Donald Trump, Jr., must pay $464 million for crimes that include inflating the former president’s net worth. Trump was stated to have used a real estate tactic known as “comparables” to misrepresent the worth of his properties by comparing them to other properties worth considerably more money.

Trump has repeatedly made claims that he has hundreds of millions of dollars in liquid assets. However, he has struggled to come up with the money to pay his bond. According to Trump, much of the cash that he allegedly has is to be used toward his 2024 presidential campaign fund.

If he fails to pay, his assets could be frozen as a way of using his property as collateral. New York Attorney General Letitia James could consider using subpoenas and a seizing of assets. Trump has stated that he could possibly begin selling off his own assets and properties in an attempt to come up with the money.

“Donald Trump is still facing accountability for his staggering fraud. The court has already found that he engaged in years of fraud to falsely inflate his net worth and unjustly enrich himself, his family, and his organization. The $464 million judgment — plus interest — against Donald Trump and the other defendants still stands,” said Attorney General Letitia James's office.

Trump is still facing four separate lawsuits for federal election interference, mishandling classified documents, election racketeering and civil fraud.

Joshua Smith

Joshua Smith is a writer and recent graduate, majoring in English.

Recent Posts

Texas Lawmakers Hear Local Testimony After Devastating July 4 Floods

In the wake of one of the deadliest natural disasters in Texas history, state lawmakers…

2 days ago

LONESTAR — 8.1.2025 — Texas Senate Passes Bill Banning THC — Texas Mobilizes Emergency Response for Texas Panhandle — and More...

This week, the Texas Senate approved Senate Bill 5 (SB 5), a controversial bill that…

2 days ago

Texas Senate Passes SB 5 Banning THC

This week, the Texas Senate approved Senate Bill 5 (SB 5), a controversial bill that…

3 days ago

Texas Mobilizes Emergency Response Ahead of Panhandle Flood Threat

Governor Greg Abbott (R) has ordered the activation of emergency response resources as heavy rainfall…

3 days ago

LONESTAR — 7.31.2025 — Abbott Announces Disaster Unemployment Assistance — New Texas Map Adds Five GOP Seats — and More...

This week, Governor Greg Abbott (R) announced that the Texas Workforce Commission (TWC) is now…

3 days ago

Texas Leads U.S. in Veterans Using VA Education Benefits

Texas students are preparing to head back to school, and tens of thousands of veterans…

3 days ago