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submitted 9 months ago by MicroWave@lemmy.world to c/politics@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 for his $464 million fraud judgment makes him a “massive national security risk.”

Trump’s lawyers in a filing 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.”

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[-] EatATaco@lemm.ee 102 points 9 months ago

When I got my security clearance, one of the things they drove home was reporting people who were having money problems because, as this points out, having money problems makes you prone to being bribed, and thus a threat.

this post was submitted on 19 Mar 2024
615 points (98.1% liked)

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