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Politics

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Trump Claims He Has $500 Million in Cash

“Donald Trump claimed on Friday that he had ‘almost $500 million’ in cash, undercutting his lawyers’ previous statements that he would not be able to pay a bond of more than $450 million to secure a massive judgment in his New York civil fraud case,” the Washington Post reports.

Said Trump, on Truth Social: “I currently have almost five hundred million dollars in cash, a substantial amount of which I intended to use in my campaign for president.

“Trump’s suggestion sharply contrasts what his lawyers told a New York appellate court earlier this week that it would be ‘a practical impossibility’ for him to post a bond covering the full amount. His lawyers cited rejections from 30 bond underwriters in their request for a stay of enforcement on the judgment.”

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