March 25, 2024 12:52 PM ET
President Trump says he will post $175 million bail within 10 days
Mary Altafer/Pool/Reuters
Donald Trump has been given an additional 10 days to post bail as the former president appeals a civil fraud verdict against him and an appeals court reduces the required amount to $175 million. praised the ruling.
Outside a separate hearing in the hush-money case in New York, President Trump addressed the ruling, saying he “absolutely” respects the court's decision.
The former president said he would post $175 million “promptly within 10 days, in cash, bonds, securities, and whatever else is needed.”
As he left the courtroom at the end of Monday's hearing, Trump added, “It's an honor to post.” Later, President Trump said in response to a reporter's question that he would use cash as collateral.
President Trump also attacked Judge Arthur Engoron, who ruled that the former president must pay the full $464 million judgment in a civil fraud case.
“What he did was so egregious that it should never be forgiven, and New York State has been hurt by his decisions,” Trump said. He added that he was “a disgrace to this country.”
CNN's Kristina Sgueglia and Nicki Brown contributed reporting to this post.