Trump’s Cash Crunch

[alabdy]

Last week, when a civil court judge in New York ruled against Donald J. Trump, he imposed a set of penalties so severe that they could temporarily sever the former president from his real-estate empire and wipe out all of his cash.

Jonah Bromwich, who covers criminal justice in New York, and Maggie Haberman, a senior political correspondent for The Times, explain what that will mean for Mr. Trump as a businessman and as a candidate.

Guests: Jonah E. Bromwich (https://www.nytimes.com/by/jonah-e-bromwich?smid=pc-thedaily), a criminal justice correspondent for The New York Times; and Maggie Haberman (https://www.nytimes.com/by/maggie-haberman?smid=pc-thedaily), a senior political correspondent for The New York Times.

Background reading:


Mr. Trump was met with a $450 million blow (https://www.nytimes.com/2024/02/17/nyregion/trump-civil-cases-millions.html?smid=pc-thedaily) to his finances and his identity.
Here’s a guide to the New York law (https://www.nytimes.com/2024/02/16/nyregion/trump-fraud-trial-ny-law.html?smid=pc-thedaily) that made the fierce punishment possible.
For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily?smid=pc-thedaily). Transcripts of each episode will be made available by the next workday.



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