"Letitia James Challenges Trump's Bond Deal as Billionaire Questions Pricing"

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Source: Fox News
"Letitia James Challenges Trump's Bond Deal as Billionaire Questions Pricing"
Photo: Fox News
TL;DR Summary

Don Hankey, the billionaire chairman of Knight Specialty Insurance, who provided a $175 million bond for Donald Trump's New York civil fraud trial, says he may not have charged Trump enough for the service, citing unexpected legal complications and intense scrutiny from officials. Hankey, a Trump supporter, revealed that his company has faced challenges from New York Attorney General Letitia James' office and others, and expressed surprise at the level of scrutiny on the bond. Trump's bond was initially set at $454 million, but was later reduced to $175 million, with Hankey providing financial services after Trump struggled to find firms willing to take on the risk.

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