Breaking News
Breaking News
from Washington and beyond

What Idiot Backed Trump’s Bond in E. Jean Carroll Trial? This One.

Good luck to this man.

Evan Greenberg sits on a chair and is speaking
Yukie Nishizawa/POOL/EPA-EFE/Shutterstock
Chubb CEO Evan Greenberg

Donald Trump raised a lot of eyebrows on Friday when he finally posted bond for E. Jean Carroll’s defamation lawsuit against him, amid reports that the former president is broke.

Trump posted a $91.6 million bond, which covers the $83.3 million he was ordered to pay in damages for defaming Carroll and interest for putting off payment for so long. He had repeatedly tried to get the deadline to pay delayed or get the total ruling amount reduced, but the presiding judge struck him down every time.

But the question on everyone’s mind is, how did Trump get that money together? He appears to be struggling to post bond in his multiple lawsuits and reportedly only has about $413 million in liquid assets. That’s not nearly enough to cover everything he owes in legal fines.

It turns out that Trump may have called in a major favor: Court records filed Friday show that the bond was guaranteed by the Chubb Corporation, an insurance group. In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.

Trump only just managed to make his deadline to post bond. He had to post and then appeal by March 11, or Carroll’s lawyers could start collecting on damages. But his financial woes are far from over.

The former president still owes Carroll $5 million for her first lawsuit, when he was found liable for sexually abusing her and defaming her when denying the attack. Trump also owes more than $466 million for committing real estate–related fraud in New York. He was initially fined $354 million, but interest adds an additional $112,000 per day.

He owes $400,000 to The New York Times and has racked up thousands more in fines and gag-order violations during his myriad lawsuits. And just Thursday, Trump was ordered to pay $382,000 in legal fees for Orbis Business Intelligence, the consulting firm owned by former British intelligence officer Christopher Steele.* Trump had sued Orbis over a dossier Steele compiled in 2016 that alleged Trump and members of his inner circle had been “compromised” by Russia’s security service.

* This article originally misstated the name of Christopher Steele.

Trump Is About to Face an Avalanche of January 6 Lawsuits

Donald Trump’s legal woes are multiplying after that stupid immunity claim.

Joe Raedle/Getty Images

Donald Trump’s legal woes continue to grow, as three more lawsuits against him were greenlit on Friday to proceed.

The U.S. Court of Appeals in Washington, D.C., has approved three lawsuits related to Trump’s role in the January 6 attack. One of the suits, Moore v. Trump, was brought by Capitol Police Officer Marcus Moore. Moore, who has been on the force for more than 10 years, accused Trump of inflicting “physical and emotional injuries” on him via his actions surrounding the insurrection.

The appellate court order listed Moore’s case and the case numbers for two other lawsuits. “These appeals raise the same question that this court recently decided in Blassingame,” the three-judge panel wrote, referring to the ruling that Trump does not have presidential immunity from prosecution.

“As a result, the merits of the parties’ positions are so clear as to warrant summary action,” the judges said, meaning they can make a decision without releasing a legal opinion.

Trump has already lost two major cases via summary order. The first was E. Jean Carroll’s second lawsuit against him for defamation. The presiding judge determined that since Trump had already been found liable for sexually abusing Carroll and defaming her while denying it, his other comments about her were by default defamatory.

The second was when a judge ruled that there was sufficient evidence to prove Trump had committed real estate–related fraud in New York. A trial was only necessary to set damages, not to prove whether the allegations against him were true.

The D.C. appeals court ruled in early February that Trump does not have “presidential immunity.”

“For the purpose of this criminal case, former President Trump has become citizen Trump, with all of the defenses of any other criminal defendant. But any executive immunity that may have protected him while he served as President no longer protects him against this prosecution,” the judges said in the ruling.

That ruling, however, could soon be overturned. The Supreme Court agreed to hear Trump’s appeal on immunity. The justices will hear arguments on April 25.

Trump Posts Whopping $92 Million Bond in E. Jean Carroll Trial

The Republican Party’s front-runner is in a ton of debt.

Win McNamee/Getty Images

The former host of The Apprentice just lost a boat load of “money, money, money, money.”

On Friday, Donald Trump posted a $91.6 million bond in the second defamation case brought against him by writer E. Jean Carroll. Trump is still working to appeal the ruling, which hit him with $83.3 million in damages in January for continuing to defame Carroll, claiming he hadn’t raped her and she had made up allegations for her book, despite a prior ruling in which a jury found Trump liable for having sexually assaulted her in the mid-1990s.

But, of course, it isn’t Trump’s money on the line. Instead, it appears that Trump had to cash in one of his favors to cover the multi-million expense, which was guaranteed by Federal Insurance Company, a subsidiary of the Chubb Group—whose CEO, Evan Greenberg, Trump appointed to the Advisory Committee for Trade Policy and Negotiations in 2018.

The “grab ‘em by the pussy” former president narrowly skirted his deadline for posting bond, which was set for Monday. In a written order released Thursday, Judge Lewis Kaplan rejected Trump’s efforts to delay the posting date, deciding that the appeals process should not get in the way of Trump setting aside what he rightfully owes Carroll.

And appeal he did, with his legal team filing to do so moments after posting the bond.

Trump spent his time in and out of the courtroom attacking every character involved in the defamation trial, including Kaplan, whom he decried as “abusive” and Trump-hating, while claiming the entire case was a “hoax” akin to “election interference at a level never seen before.”

But for all his complaining, Trump can only thank himself for the magnitude of the fine, which came after the court considered what an appropriate penalty would be for a self-purported billionaire who has bragged about his wealth in every format, from deposition videos to TV appearances.

That same strategy earned him another shocking fine—nearly half a billion dollars—after he was found to have committed bank fraud in New York State. Trump has until March 25 to implement a stay on that order, by which he would need to cough up the money, assets, or an appeal bond to cover the $466 million disgorgement.*

But all this, of course, has not stopped Trump from continuing to flaunt his wealth, insisting to anyone that will listen that he’s not worried about the fines that cut so deep they threaten his real estate empire. “I have a lot of money,” Trump told Fox News on Tuesday. Let’s see how that works out for him.

This article has been updated, including a correction of the amount Trump owes for committing bank fraud.

More on Politics:

Republicans Torch Their Own “Creepy” State of the Union Response

Alabama Senator Katie Britt gave a truly bizarre SOTU rebuttal—and even other Republicans are baffled by it.

Katie Britt smiles and stares off camera
Kevin Dietsch/Getty Images

Nobody seemed to enjoy Alabama Senator Katie Britt’s melodramatic response to the State of the Union address on Thursday, least of all Republicans, who had no qualms about mocking their colleague’s breathy, overenunciated speech.

Locked in a kitchen, Britt appeared on the verge of tears for more than 17 minutes as she complained about the curtailing of rights (but didn’t refer to the reversal of Roe v. Wade), used a sexual assault anecdote from a migrant sex-trafficked by a Mexican cartel (while arguing that we should restrict asylum into the United States), and accused Biden of making the country look bad while international threats loom, like Vladimir Putin’s escalations in Ukraine (while failing to mention former President Donald Trump’s cozy relationship with the Russian dictator).

Republicans flatly panned the performance, calling the address “creepy” and “scary.”

“Well, that Katie Britt experience was … experiential,” posted Michael Steele, former chair of the Republican National Convention, on X, the platform formerly known as Twitter.

The prerecorded speech quickly became a gossip item overnight with operatives connected to Trump, according to Republicans who spoke to The Daily Beast.

“Everyone’s fucking losing it,” one GOP strategist told the outlet, likening the moment to Marco Rubio’s water-break faux pas. “It’s one of our biggest disasters ever.”

One Trump adviser was so frustrated by Britt that they reached out to Rolling Stone, facetiously asking “What the hell am I watching right now?”

That’s a stark reversal and a major loss for the freshman lawmaker, who had been set on the rising-star fast track and was even being floated as a potential vice president pick for Trump, whose draft for the “most insignificant office” seems to be growing longer by the day.

Even those that liked her couldn’t bear to endure the performance.

“Katie Britt is exactly the right pick for the response, but this is hard to watch. She’s acting instead of just speaking,” conservative podcaster Allie Beth Stuckey wrote on X.

“Senator Katie Britt is a very impressive person. She ran a hell of race in [Alabama],” Alyssa Farah Griffin, The View co-host and Trump’s 2020 White House communications adviser, posted on X. “I do not understand the decision to put her in a KITCHEN for one of the most important speeches she’s ever given.”

Media commentators, meanwhile, had a field day coming up with snark worthy of throwing at Britt’s response, taking particular aim at her shoddy acting chops.

“The acting chops on display here are somewhere between porn and high school play,” wrote Puck News’s Julia Ioffe.

“There is no way that this Katie Britt address does not end up as part of the SNL cold open,” posted The Atlantic’s Tom Nichols, looking ahead to Saturday Night Live.

“Gee, #KatieBritt looks like she’s doing all right. Nice kitchen! Shame she’s such a bad actress. Big smile, the cross (always), all the accouterments, even a fake catch in her voice. But she’s fake fake fake as Kari Lake,” posted actress Bette Midler, later adding her surprise upon discovering that Britt is, in fact, a senator.

“She’s been in Community Theater too long. Delivery? D-, Kitchen B, Text -2, Policies F,” Midler wrote.

There’s a New Republican Whine About Biden’s Energy, and It’s Insane

Republicans are harping on an unbelievable part of Joe Biden’s State of the Union address.

Al Drago/Bloomberg/Getty Images

Republicans are annoyed that Joe Biden successfully delivered the State of the Union address, disproving their many potshots about his mental and physical infirmity.

Biden was animated during his Thursday night speech, successfully going back and forth with GOP hecklers. Apparently, his energy did not sit well with a Republican Party that has long mocked him as “Sleepy Joe.”

Immediately after the address, Fox News host Sean Hannity described Biden’s speech as “so hyped-up it was bizarre” and even “frightening.” Later in his segment, during an interview with House Speaker Mike Johnson, Hannity said Biden was “very jacked up” and “overcaffeinated.”

Republican presumptive nominee Donald Trump, at whom Biden took aim several times throughout the speech, made several all-caps comments about the State of the Union on Truth Social.

THIS IS LIKE A SHOUTING MATCH, EVERY LINE IS BEING SHOUTED,” Trump complained on Truth Social.

He also suggested that “THE DRUGS ARE WEARING OFF!”

Trump’s favorite doctor, Texas Representative Ronny Jackson, also posited Biden was overmedicated. We should probably trust Jackson on this one, as he allegedly knows a thing or two about overmedicating people in order to get results.

Ari Fleischer, who served as George W. Bush’s White House press secretary, insisted that Biden’s energy was still a sign of the president’s age. “Biden sounds like an elderly man arguing with his family because they’re trying to convince him he shouldn’t drive,” Fleisher wrote on social media.

Republican political consultant Frank Luntz warned that Biden’s volume levels could be off-putting to undecided voters.

The GOP has insisted throughout all of Biden’s presidency, as well as his two campaigns, that he is too old to hold office. Republicans insist he is suffering from cognitive decline (while ignoring Trump’s own many gaffes and fumbles).

Many people were quick to point out that Republicans cannot have it both ways.

“You people are actually pathetic,” reporter Elie Mystal replied to Fleischer. “‘Biden’s too old’ to ‘Biden’s too loud’ in sixty seconds.”