All right, this civil penalty that Donald Trump has to
pay is a lot more than the three to $54
billion you heard with back interest.
It actually balloons by another 100 million,
about $454,000,000. And now the word from the judge in
the case working at the behest and the recommendation of
the attorney general in New York,
Leticia James. Donald Trump, is not going to get any
special,
you know, dispensation to push back paying this money.
Money he's going to have to put up anyway as
he continues to appeal this.
Madeline Rivera has more from Washington.
Madeline. Good morning, Neil. The clock is ticking for former
President Trump to address roughly $454,000,000 in fines and interest
in his New York civil fraud case.
On top of that, he's racking up more than $100,000
of interest each day until it is paid.
Trump now has 30 days to appeal after the judgment
was finalized Friday,
which they have promised to do.
And according to New York Attorney General's office,
Trump has to post bond or deposit sufficient funds with
the court.
The amount will likely be at least a full amount
of the judgment and maybe some additional funds to cover
the post judgment interest that builds up during the appeal.
This comes after Judge Arthur and Goran rejected the Trump's
team's efforts to delay the judgment.
And go around saying they have failed to explain,
much less justify any basis for a stay.
Speaking exclusively to Fox and Friends,
Trump took a swipe at the judge's decision.
Well, nobody's ever heard of such a thing.
He comes out with a verdict and you're supposed to
put up a bond.
It takes you a period of time to get a
bond.
You have to go to a bonding institution.
That it's a sham. It's a horrible thing.
New York Attorney General Letitia James is determined to make
Trump pay.
She is potentially eyeing properties from his sprawling real estate
portfolio,
like 40 Wall Street and Trump Tower if he can't
cover his fine.
If he does not have funds to pay off the
judgment and then we will seek,
you know, judgment enforcement mechanisms in court and we will
ask the judge to seize his assets.
Also on Friday, Trump's attorneys ask a federal judge to
delay the enforcement of the $83 million verdict in the
E Jean Carroll defamation case,
saying the damages are excessive and will likely be reduced
or eliminated on appeal.