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What Shady Banker Backed Trump’s Civil Fraud Bond? This One.

Meet Don Hankey, who is believed to be the largest shareholder in Axos Financial.

Donald Trump waves
Andrea Renault/Star Max/GC Images

Stock in Donald J. Trump has—literally and figuratively—taken a nosedive.

On Monday night, it emerged that the only group willing to loan Trump a dime to cover the $175 million bond from his New York bank fraud trial is a company owned by the so-called “king of subprime car loans,” billionaire Don Hankey.

Hankey owns Knight Specialty Insurance Company, the group that underwrote Trump’s bond, and is also believed to be the largest shareholder in Axos Financial, according to MSNBC’s Lisa Rubin. Axos is no stranger to lending Trump a hand with his financial woes, either. In 2022, the financial institution refinanced more than $50 million of Trump’s loans on Trump Tower and Trump National Doral Miami, according to documents filed with the Office of Government Ethics.

Hankey told Forbes that Knight initiated the deal with the criminally charged GOP presidential nominee, and explained that Trump had used both cash and investment-grade bonds to secure the money with his insurance company. Hankey added that he had never met Trump but had been a supporter of his previous campaigns.

“This is what we do at Knight insurance,” Hankey told Forbes on Monday. “I’d never met Donald Trump. I’d never talked to him on the phone. I heard that he needed a loan or a bond, and this is what we do. So, we reached out, and he responded.”

Trump and his co-defendants still owe more than $464 million in the case, but the bond—which comes ahead of Trump’s Thursday deadline—will keep New York Attorney General Letitia James from seizing his real estate assets while he appeals the case. It’s unclear how long the case will take to appeal, but that won’t stop the interest on his disgorgement from accruing at a rate of more than $111,000 a day.

* This headline has been updated to reflect the correct Trump trial.

Here’s How Dems Are Responding to a Republican Calling to Nuke Gaza

Spoiler alert: not at all.

Tim Walberg stands with his mouth partially open
Bill Clark/CQ-Roll Call, Inc/Getty Images
Representative Tim Walberg

Michigan Representative Tim Walberg’s remarks last week urging Israel to deal with Gaza like “Hiroshima and Nagasaki” has drawn swift condemnation, with several Democrats calling the Republican’s comments extreme and shocking. But some Democratic lawmakers have been noticeably silent.

Twenty-two Democrats voted in November to censure Michigan Representative Rashida Tlaib, the only Palestinian American member of Congress. Tlaib was punished for supposedly “promoting false narratives” about Hamas’s October 7 attack on Israel and allegedly calling for the destruction of Israel for using the phrase “From the river to the sea.” Walberg himself also voted to censure Tlaib, saying in a statement that he “will not support the right to call for a violent genocide.”

How do those 22 Democrats feel about Representative Walberg’s comments, which outright allude to dropping nuclear bombs on Palestinians in Gaza?

Journalist Marisa Kabas reached out to those Democrats for her newsletter, The Handbasket, to see if they would weigh in on Walberg’s comments and whether they believed he should be censured. Only three responded: Representatives Ritchie Torres from New York, Greg Landsman from Ohio, and Brad Schneider from Illinois. While they all condemned Walberg’s remarks, only Landsman said he would vote to censure Walberg.

It’s a clear double standard, especially since pro-Palestinian activists point out that “From the river to the sea” has to do with the Palestinian right to self-determination between the Jordan River and the Mediterranean Sea.

Walberg’s spokesman, Mike Rorke, said that the congressman’s remarks were taken out of context, stating that “he clearly uses a metaphor to support Israel’s swift elimination of Hamas, which is the best chance to save lives long-term and the only hope at achieving a permanent peace in the region.”

So far, there has been no discussion among members of Congress to censure Walberg, nor has there been any criticism from within his own party. The only pushback from a right-leaning figure has come from former Representative Justin Amash, who is currently running for the Republican nomination for Michigan’s seat in the U.S. Senate.

“The people of Gaza are our fellow human beings—many of them children trapped in horrific circumstances beyond their individual control. For him to suggest that hundreds of thousands of innocent Palestinians should be obliterated, including my own relatives sheltering at an Orthodox Christian church, is reprehensible and indefensible,” Amash, who is Palestinian American, said on X (formerly Twitter) on Saturday.

Mike Johnson Has Most Unhinged Defense Yet of January 6

The House speaker says rioters were just taking a walk.

Mike Johnson walks through the Capitol
Kevin Dietsch/Getty Images

House Speaker Mike Johnson is trying out some new language to describe the riotous mob that swarmed the U.S. Capitol on January 6: innocent Americans that were just there, “walking through the building.”

In an interview with Newsmax’s Eric Bolling on Monday night, the Republican leader seemed to suggest that the 2,000 people who charged the halls, destroyed federal property, and interrupted the peaceful presidential transfer of power—1,265 of whom have been charged by federal authorities—were actually mere innocent bystanders.

“I made a commitment immediately after I got the gavel that we would start releasing that,” Johnson said, referring to tapes of the insurrection. “Originally we were trying to blur some of the faces to protect the innocent, you know, people who were there and just happened to be walking through the building.”

“But then we realized a lot of this is out there in the public anyway,” Johnson continued. “We had to hire new staff to do it, they’re up late … it’s a 24-hour operation, all that tape will be out there as soon as possible. Thirteen thousand hours are available now.”

There’s no reason to give Johnson the benefit of the doubt on whom he’s referring to, especially since he unequivocally admitted in December that the conservative party was working on a project to doctor footage of the January 6 insurrection in an effort to thwart the identification of the rioters in an investigation by the Justice Department.

“We have to blur some of the faces of persons who participated in the events of that day because we don’t want them to be retaliated against and to be charged by the DOJ,” Johnson said at the time. “That’s a slow process to get it done, we’re working steadily on it. We’ve hired additional personnel to do that and all of those tapes ultimately will be out so everybody can see them and draw their own conclusions.”

You Will Not Believe Why RFK Jr. Thinks Biden Is a Threat to Democracy

The independent presidential candidate was asked to compare Joe Biden and Donald Trump.

Robert F. Kennedy Jr. speaks into a microphone while gesturing
Mario Tama/Getty Images

Robert F. Kennedy Jr. thinks that President Joe Biden is worse for American democracy than the guy who attempted to overturn the 2020 election results and said he’d be a dictator “on day one”—all because the independent candidate’s conspiracy-laden social media posts keep getting taken down.

In an interview with CNN’s Erin Burnett on Monday night, Kennedy accused Biden of “weaponizing the federal agencies” in order to censor political speech, citing deleted posts while claiming that the major tech companies essentially hand over their data to U.S. intelligence agencies.

“I can say that because I just won a case in the Federal Court of Appeals, and now before the Supreme Court, that shows that he started censoring not just me—37 hours after he took office, he was censoring me,” Kennedy continued.

“No president in the country has ever done that. The greatest threat to democracy is not somebody who questions election returns, but a president of the United States who uses the power of his office to force the social media companies—Facebook, Instagram, Twitter—to open a portal and give access to that portal to the FBI, to the CIA, to the IRS.”

But if it’s between Donald Trump and Biden, Kennedy said the latter is the worse pick for the country because the First Amendment is the “most important.”

“So just to be clear, you’re saying you could make an argument that President Biden is a worse threat to democracy than Donald Trump?” prompted Burnett.

“Absolutely,” Kennedy responded. “What president in history has ever tried to censor political opponents? What president has weaponized the federal agencies?”

But the kind of speech Kennedy is fighting for isn’t the kind that’s protected by the First Amendment. The 70-year-old has been singled out by members of Congress for using his social media platforms to spread baseless conspiracies, including the debunked lies that vaccines cause autism, that the Covid-19 vaccine was “targeted to attack Caucasians and Black people” and spare people who are “Ashkenazi Jews and Chinese,” and that Jews in Nazi Germany had more freedom to roam about than American citizens living through the pandemic.

“This is not the kind of free speech that I know of,” Representative Stacey Plaskett said in July, during a hearing on the alleged weaponization of the federal government. Kennedy testified during that hearing.

Meanwhile, Trump has openly celebrated RFK Jr’s contributions in the race—or rather, his potential to pull votes away from Biden.

“RFK Jr. is the most Radical Left Candidate in the race, by far. He’s a big fan of the Green New Scam, and other economy killing disasters,” Trump wrote on Truth Social last week. “I guess this would mean he is going to be taking votes from Crooked Joe Biden, which would be a great service to America.”

“It’s great for MAGA, but the Communists will make it very hard for him to get on the Ballot,” Trump continued. “He is Crooked Joe Biden’s Political Opponent, not mine. I love that he is running!”

Trump Completely Melts Down Over New Gag Order in Hush Money Trial

Well, well, well, if it isn’t the consequences of his own actions.

Donald Trump talks while gesturing with both hands
Brendan McDermid/Reuters/Bloomberg/Getty Images

Donald Trump’s gag order in his hush-money trial has been expanded after he repeatedly attacked the judge’s daughter, and the former president has responded to the decision with shame and humility.

Nah, just kidding.

On Truth Social Tuesday morning, Trump complained that the expanded gag order was unfair, that the case against him shouldn’t have been brought, and that Judge Juan Merchan should be recused with the case thrown out. And for good measure, he called the whole thing “ELECTION INTERFERENCE at its worst!”

A screenshot of Donald Trump's Truth Social post
Screenshot

Trump was slapped with a gag order last week prohibiting him from talking publicly about jurors, witnesses, prosecutors, court staff, and the family members of the last two. The gag order was expanded Monday night to include the family members of the court and the judge’s family.

The expanded terms of the gag order still allow Trump to talk about the judge and Manhattan District Attorney Alvin Bragg, but it’s anyone’s guess as to whether the former president will limit his insults and criticism to just those two. He’s already proven he can’t abide by other gag orders in the past, and was even hit with a $5,000* fine for violating the order in his bank fraud trial.

Trump is on trial for allegedly using his former lawyer and fixer Michael Cohen to cover up an affair with adult film actress Stormy Daniels before the 2016 presidential election, and faces 34 felony counts for falsifying business records with the intent to further an underlying crime. The trial is scheduled to begin on April 15 with jury selection.

Can the former president keep his mouth shut until then?

*This article originally misstated the amount Trump was fined for violating the gag order.