Judge Approves Trump’s $175 Million Bond With New Restrictions in New York Civil Case

An agreement was reached between President Trump’s attorney and New York Attorney General Letitia James on the handling of the bond account.
Judge Approves Trump’s $175 Million Bond With New Restrictions in New York Civil Case
Former President and Republican presidential candidate Donald Trump looks on at Manhattan Criminal Court during his trial for allegedly covering up hush money payments linked to extramarital affairs, in New York on April 22, 2024. Angela Weiss/Pool/AFP via Getty Images
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Former President Donald Trump and New York Attorney General Letitia James reached an agreement on April 22 regarding his $175 million bond in his New York civil case, imposing additional restrictions while resolving concerns about the funds’ security.

The attorney general argued that Knight Specialty Insurance Company (KSIC) lacked a “certificate of qualification” and that President Trump still had access to the Charles Schwab account pledged to the insurer as collateral.