World
Trump's legal debts top a half-billion dollars. Will he have to pay?
NEW YORK (AP) — Donald Trump’s legal debts might now exceed a half-billion dollars.
A New York judge ordered Trump and his companies Friday to pay $355 million in fines, plus interest, after ruling that he had manipulated his net worth in financial statements.
The stiff penalty comes just weeks after Trump was ordered to pay $83.3 million to the writer E. Jean Carroll for damaging her reputation after she accused him of sexual assault. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation.
Add interest payments on top of that and the judgments could deal a staggering blow to the personal fortune that remains core to Trump’s political appeal. He has adamantly denied wrongdoing and pledged to appeal, a process that could take months or even years.
In the meantime, here’s what we know about what Trump owes, whether he’ll have to pay up, and what comes next:
How much money does Trump owe now?
The verdict in the civil fraud trial requires Trump to pay interest on some of the deal profits he has been ordered to give up. New York Attorney General Letitia James, who brought the case, said the interest payments totaled $99 million and would “continue to increase every single day until it is paid.”
Between Friday’s ruling and the two judgments in Carroll’s case, Trump would be on the hook for about $542 million in legal judgments.
Trump owes another $110,000 for refusing to comply with a subpoena in the civil fraud case and $15,000 for repeatedly disparaging the judge’s law clerk in violation of a gag order. As part of Friday’s ruling, the judge also ordered both of Trump’s sons to pay $4 million apiece.
Trump’s court-ordered debts don’t end there. Last month, he was ordered to pay nearly $400,000 in legal fees to The New York Times after suing the newspaper unsuccessfully. He is currently appealing a judgment of $938,000 against him and his attorney for filing what a judge described as a “frivolous” lawsuit against Hillary Clinton.
Can he get any of these judgments reduced?
It’s not uncommon for the size of judgments, particularly high-dollar amounts, to be reduced on appeals.
The appeal in Trump’s civil fraud case will go before an intermediate-level court first. If it returns an unfavorable ruling, Trump could try to get the case taken up by New York’s top appellate court, though legal experts say that is unlikely.
How quickly does Trump have to pay?
Trump has already deposited $5 million owed to Carroll for the first defamation case into a court-controlled account, along with an additional $500,000 in interest required by New York law. Carroll will not have access to the funds until the appeals process plays out.
He may soon be forced to do the same for the $83.3 million judgment in the second Carroll verdict. Alternatively, he could secure a bond and pay only a portion up front — though that option would come with interest and fees and likely require some form of collateral. Trump would have to find a financial institution willing to front him the money.
In the civil fraud case, it will be up to the courts to decide how much Trump must put up as he mounts his appeal. And he may be required to pay the full sum immediately after the appellate court rules, which could come as soon as this summer, according to University of Michigan law professor Will Thomas.
“New York’s judicial system has shown a willingness to move quickly on some of these Trump issues,” Thomas said. “When we hear from the first appellate court, that’s a point where money is almost certainly going to change hands.”
Can Trump afford to pay?
Trump has claimed he’s worth over $10 billion. Most estimates, including an assessment by the New York attorney general, put that figure closer to $2 billion.
In his 2021 statement of financial condition, Trump said he had just under $300 million in “cash and cash equivalents.” He has since made a number of sales, including his New York golf course and his Washington, D.C., hotel, and may also soon get a windfall when his social media company, Truth Social, goes public.
But even with those income streams, it’s unclear whether Trump and his family members have enough cash on hand to pay all the money they now owe.
Could he use campaign contributions — or PAC money — to pay?
Federal election law prohibits the use of campaign funds for personal use. But the rules are far murkier when it comes to tapping political action committees — or PACs — for a candidate’s expenses.
Over the last two years, Trump’s Save America political action committee, his presidential campaign and his other fundraising organizations have devoted $76.7 million to legal fees. Campaign finance experts expect Trump will try to spend PAC money to defray the cost of his judgments in some way.
“The likelihood of the Federal Election Commission in its current configuration pursuing these violations is not terribly great,” said Daniel Weiner, director of the Brennan Center’s Elections and Government Program.
Can he or his businesses declare bankruptcy?
Under the judge’s ruling Friday, Trump would still be liable to pay even if the Trump Organization declares bankruptcy. If Trump personally declared bankruptcy, the enforcement of the judgment against him would be paused. But political commenters say such a drastic step is unlikely.
Despite the fact that several of his previous companies have gone bankrupt, Trump has repeatedly bragged about the fact that he has never, personally, declared bankruptcy.
What if Trump simply refuses to pay the money?
Legally, Trump would face the same consequences as any American refusing to pay a legal judgment, including the possibility of having his assets seized and his wages garnished.
“The president is not a king and the president’s assets are not sacrosanct just because he happened to be the president,” Weiner said.
On Friday, the judge overseeing Trump’s civil fraud case appointed an additional monitor to oversee the Trump Organization’s finances, finding they could not be trusted to follow the law. In the event that Trump refused to hand over payments, the courts would have additional discretion to go after Trump and his businesses.
“They have a huge amount of power particularly for someone like Trump who has physical assets inside the state,” Thomas, the law professor, said. “The court might say we’re going to freeze your bank account. Or even worse, they could say, ’We’re seizing Trump Tower and we’re putting it up for sale.’”
World
Bystanders seen confronting Australian gunman during ISIS-inspired deadly rampage
NEWYou can now listen to Fox News articles!
Bystanders were seen on video confronting a gunman before his ISIS-inspired deadly mass shooting at Bondi Beach in Sydney, Australia, could begin.
Despite their efforts to disarm him, the gunman eventually overpowered the two bystanders and killed them, according to authorities.
The bystanders were later identified as Boris and Sofia Gurman, according to the Sydney Morning Herald. The outlet reported that the Gurmans were walking by as they saw the assailant exiting a vehicle. Though Boris had the upper hand for a moment after picking up the shooter’s rifle, the attacker allegedly picked up another rifle during the confrontation and fatally shot the couple, making them the first victims of the massacre.
“We are heartbroken by the sudden and senseless loss of our beloved Boris and Sofia Gurman,” the family said in a statement on Tuesday afternoon, according to the Sydney Morning Herald. “While nothing can lessen the pain of losing Boris and Sofia, we feel an overwhelming sense of pride in their bravery and selflessness.”
RABBI KILLED IN SYDNEY HANUKKAH ATTACK HAD WARNED AUSTRALIAN PM ABOUT RISING ANTISEMITISM
Bystanders were seen confronting one of the gunmen behind the deadly attack on a Hanukkah celebration at Australia’s Bondi Beach. (Jenny/Reuters)
In the video, obtained and verified by Reuters, an eyewitness replaying the dashcam footage recalls how the incident unfolded.
“You see the shooter here — he fired shots from here, shooting from here. And then look, this guy went and tackled him (shooter), knocking him to the ground. At that point, he had already grabbed the gun,” the witness, who was speaking in Mandarin, said in the video, according to a Reuters translation.
Authorities have identified the shooters as a father, 50, and a son, 24. The father was killed at the scene, while the son was shot by police and taken to the hospital in critical condition. Australian authorities also said that the shooters had improvised explosives and homemade ISIS flags in their vehicle.
On Sunday, the pair opened fire on families celebrating Hanukkah at Bondi Beach, killing 15 people and leaving more than two dozen injured. The Australian government is investigating the incident as a terror attack targeting the Jewish community.
GAL GADOT, ASHTON KUTCHER CONDEMN ANTISEMITIC TERROR ATTACK AT BONDI BEACH HANUKKAH EVENT
Police teams take security measures at Bondi Beach in Sydney, Australia, on Sunday after a terrorist attack targeting the Jewish community during the first night of Hanukkah. ( Claudio Galdames A/Anadolu via Getty Images)
During the deadly rampage, another bystander, Ahmed al Ahmed, an Australian immigrant, wrestled a gun away from one of the shooters. His attorney said that Ahmed does not regret intervening, despite being “riddled with bullets” and in intense pain.
“He doesn’t regret what he did. He said he’d do it again. But the pain has started to take a toll on him,” Ahmed’s attorney, Sam Issa, told The Sydney Morning Herald. “He’s not well at all. He’s riddled with bullets. Our hero is struggling at the moment.”
The outlet reported that Ahmed has undergone his first round of surgery and that Issa fears the hero bystander may lose his left arm.
“He’s a lot worse than expected. When you think of a bullet in the arm, you don’t think of serious injuries, but he has lost a lot of blood,” Issa said.
President Donald Trump praised Ahmed for his actions, calling him “a very, very brave person” and saying that he has “great respect” for him.
People attend a floral memorial in honor of the victims of a mass shooting that targeted a Hanukkah celebration on Sunday, at Bondi Beach, in Sydney, Australia, Dec. 16, 2025. (Flavio Brancaleone/Reuters)
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
The Bondi Beach attack is the worst mass shooting Australia has seen since the country implemented sweeping reforms after a shooter killed 35 people in Port Arthur, Tasmania, in 1996. Following the Bondi Beach attack, Australian leaders have vowed to strengthen the country’s already restrictive gun laws.
Prime Minister Anthony Albanese announced several proposed actions, including limiting the number of guns one can possess.
“The government is prepared to take whatever action is necessary. Included in that is the need for tougher gun laws,” he said after meeting with his National Cabinet.
Fox News Digital’s Louis Casiano, Bradford Betz and Alex Nitzberg contributed to this report.
World
Venezuelan opposition leader Machado injured on covert Nobel Prize trip
President Maduro’s rival was hurt as she sped on a boat through choppy waters in secret escape from hiding to reach Oslo ceremony.
Published On 16 Dec 2025
Venezuelan opposition leader Maria Corina Machado was injured as she made a clandestine dash to collect her Nobel Peace Prize last week, her spokesperson has said.
Claudia Macero said late on Monday that the right-wing opposition figure fractured a vertebra during a choppy boat ride that had formed part of a risky cloak-and-dagger journey to reach the Norwegian capital, Oslo, for the Nobel award ceremony.
list of 4 itemsend of listRecommended Stories
Machado has been in hiding since she was banned from running in Venezuela’s July 24 presidential election, fearing that her life is under threat from long-time Venezuelan President Nicolas Maduro.
“The vertebra fracture is confirmed,” Macero told the AFP news agency, adding that no further details would be released beyond what had been reported in the Norwegian daily Aftonbladet.
The newspaper had earlier reported that the 58-year-old Machado sustained the fracture while crossing the sea in a small fishing boat battered by high waves.
The opposition leader was examined by doctors at Oslo University Hospital during her time in the city.
Dangerous dash
Media reports in the United States said Machado’s escape last week involved wearing a disguise, including a wig, and travelling from a small Venezuelan fishing village on a wooden boat to the island of Curacao, before boarding a private plane to Norway.
Machado has said she feared for her life during the voyage, which saw US forces situated in the Caribbean alerted to avoid a strike on the vessel.
Several similar boats have been attacked in recent months in a campaign that the Trump administration asserts is a bid to avert drug smuggling into the US.
Maduro has accused Washington of seeking to engineer regime change in the hope of seizing Venezuela’s large oil reserves.
The leader of the opposition Vente Venezuela party was attempting to reach the ceremony at which she was due to be presented with the Nobel Peace Prize.
She was announced the winner of the prestigious award in October, with the selection committee praising her role in the country’s opposition movement and her “steadfast” support for democracy.
‘Broken soul’
Despite her speedy trip, Machado failed to reach Oslo in time for the ceremony. Her daughter received the award on her behalf and delivered a speech that slammed Maduro and warned of the need to fight for democracy.
Hours after the ceremony, early on Thursday morning, Machado greeted supporters from an Oslo hotel balcony in what was her first public appearance in a year.
Despite the fracture, she climbed over a barrier to greet supporters outside the hotel, AFP reported.
Machado said authorities in Venezuela would have attempted everything possible to prevent her journey to Norway.
Appearing set to challenge Maduro in the vote, the opposition leader was barred from running in the country’s presidential election in July last year.
She then announced that she would be going into hiding within Venezuela due to fear for her life while Maduro is in power.
The Venezuelan president commented dismissively on the reports of Machado’s injury on television on Monday.
Machado “says she has a broken vertebra”, he said. “What’s broken is her brain and her soul because she’s a demon – she hates Venezuela.”
World
Sen. Cruz wants restrictions on military flights approved soon to prevent another midair collision
WASHINGTON (AP) — Republican Sen. Ted Cruz says he wants restrictions on military flights approved before government funding runs out at the end of next month to prevent another midair collision like the one over Washington, D.C., that killed 67 people in January.
Cruz and Democratic Sen. Maria Cantwell held a news conference Monday with some of the victims’ families to denounce provisions in a massive defense bill that’s expected to pass this week. The provisions would allow military aircraft to get a waiver to return to operating without broadcasting their precise location, just as they were before the Jan. 29 crash between an airliner and an Army helicopter.
Cruz and Cantwell want the provisions removed, but changing the bill would send it back to the House, potentially delaying raises for soldiers and other key provisions. With that unlikely, Cruz said he’ll seek action to reimpose the restrictions on military flights as part of a government funding package in January.
“I’m seeking a vote on the ROTOR Act as part of any appropriations measure before the current continuing resolution expires at the end of next month,” Cruz said. ROTOR stands for “Rotorcraft Operations Transparency and Oversight Reform.”
The provision in the defense bill has rekindled debate over air safety near the nation’s capital. Before the crash in January, military helicopters routinely flew through the crowded airspace around the nation’s capital without using a key system called ADS-B to broadcast their locations. The Federal Aviation Administration began requiring all aircraft to do that in March.
National Transportation Safety Board Chairwoman Jennifer Homendy, senators, airlines and key transportation unions all sharply criticized the new helicopter safety provisions in the defense bill when they came to light.
Cruz said the defense bill provision “was airdropped in at at the last moment,” noting it would unwind actions taken by President Donald Trump and Transportation Secretary Sean Duffy to make the airspace around D.C. safer.
“The special carve-out was exactly what caused the January 29th crash that claimed 67 lives,” Cruz said.
The families of the crash victims said that bill would weaken safeguards and send aviation safety backwards. Amy Hunter, who lost her cousin and his family in the crash, said Trump and his administration had worked to implement safety recommendations from the NTSB, but warned those reforms could be lost in the military policy bill.
Hunter said it “now threatens to undo everything, all the progress that was already made, and it will compromise the safety around Reagan National Airport.”
The NTSB won’t release its final report on the cause of the crash until sometime next year, but investigators have already raised a number of key concerns about the 85 near misses around Ronald Reagan National Airport in the years before the crash and the helicopter route that allowed Black Hawks to fly dangerously close to planes landing at the airport’s secondary runway.
The bill Cruz and Cantwell proposed to require all aircraft to broadcast their locations has broad support from the White House, the FAA, NTSB and the victims’ families.
Senate Majority Leader John Thune, R-S.D., said he hoped the air safety legislation Cruz and Cantwell introduced last summer, called the ROTOR Act, could be added to the funding package that the Senate may start considering this week ahead of the holiday break.
“I think we’ll get there on that, but it would be really hard to undo the defense authorization bill now,” Thune, R-S.D., said.
__
This story has been updated to delete erroneous reporting that Sen. Ted Cruz was threatening another federal government shutdown if new restrictions on military flights are not approved by the end of January. Rather, Cruz said he’ll seek action to reimpose the restrictions as part of a government funding package. AP members must NOT use earlier versions of US–Aviation Safety.
-
Alaska1 week agoHowling Mat-Su winds leave thousands without power
-
Texas1 week agoTexas Tech football vs BYU live updates, start time, TV channel for Big 12 title
-
Washington7 days agoLIVE UPDATES: Mudslide, road closures across Western Washington
-
Iowa1 week agoMatt Campbell reportedly bringing longtime Iowa State staffer to Penn State as 1st hire
-
Iowa3 days agoHow much snow did Iowa get? See Iowa’s latest snowfall totals
-
Iowa1 day agoAddy Brown motivated to step up in Audi Crooks’ absence vs. UNI
-
Miami, FL1 week agoUrban Meyer, Brady Quinn get in heated exchange during Alabama, Notre Dame, Miami CFP discussion
-
Cleveland, OH1 week agoMan shot, killed at downtown Cleveland nightclub: EMS