Letitia James Challenges Trump’s Bond Deal With Subprime Car Loan Billionaire, as Defense Slams Her ‘Vindictive Political Crusade’

James says she ‘takes exception’ to the unorthodox bond arrangement, which blocked her from moving to seize Trump’s trophy assets.

Michael M. Santiago/Getty Images
Attorney General Letitia James arrives for a press conference following a verdict against President Trump in a civil fraud trial on February 16, 2024, at New York City. Michael M. Santiago/Getty Images

New York’s attorney general Letitia James challenged the $175 million bond that President Trump secured to cover the much larger judgment as he appeals the verdict in his New York state civil fraud case. Ms. James is questioning whether the California billionaire Don Hankey, known as “the king of subprime car loans,” is qualified to post the bond for  Mr. Trump.

Have an account? Log In

To continue reading, please select:

Limited Access

Enter your email to read for FREE

Get 1 FREE article

Continue with
or
Unlimited Access

Join the Sun for a PENNY A DAY

$0.01/day for 60 days

Cancel anytime

100% ad free experience

Unlimited article and commenting access

Full annual dues ($120) billed after 60 days

By continuing you agree to our
Privacy Policy and Terms of Service.
Advertisement
The New York Sun

© 2025 The New York Sun Company, LLC. All rights reserved.

Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.

The New York Sun

Sign in or  Create a free account

or
By continuing you agree to our Privacy Policy and Terms of Use