Ocasio-Cortez Warns of Risk in Not Seizing Trump's Assets as Deadline Approaches
ICARO Media Group
In a recent interview on CNN's "State of the Union," Rep. Alexandria Ocasio-Cortez (D-N.Y.) expressed concern over the potential consequences of not seizing former President Donald Trump's assets amidst his ongoing legal battles. As Trump faces a looming deadline to post a bond in his $454 million fraud case in New York, Ocasio-Cortez emphasized the need to take action to prevent potential financial impropriety and political corruption.
Ocasio-Cortez highlighted the gravity of the situation, stating that the judgment against Trump coupled with his significant debt and financial pressures creates a precarious scenario. She noted the risk involved in not seizing Trump's assets and the potential window for him to secure funds through other means, mentioning recent transactions related to Truth Social, the social media platform launched by Trump. The congresswoman further stressed the real danger of political corruption if action is not taken.
Monday marks the deadline for Trump to pay the staggering bond amount. Should he fail to post a bond, New York Attorney General Letitia James has the power to seize his assets. However, Trump has openly criticized James over the past few days. Last week, his lawyers claimed that securing the full appeals bond amount would be "impossible" due to a lack of cash on hand. Contradicting this statement, Trump later declared that he has nearly $500 million in cash.
Ocasio-Cortez asserted that Trump should be treated equally under the law when considering the seizure of his assets. While acknowledging that the final decision lies with Attorney General James, she commended James for her handling of the case, emphasizing that all individuals should be subject to the same treatment.
The fate of Trump's assets hangs in the balance as Monday approaches. The ongoing legal battle and financial challenges faced by the former president continue to captivate attention as the potential outcome could have far-reaching implications. The decision on whether to seize Trump's assets will ultimately serve as a key test for the principle of equal treatment under the law.