'Major blow': Judge finds Trump liable in New York fraud case

New York Judge Arthur Engoron on Tuesday found former President Donald Trump and others liable in a lawsuit brought by New York Attorney General Letitia James.

Engoron entered a partial summary judgment, finding Trump fraudulently manipulated the value of his assets. Trump's son Eric Trump and former Chief Financial Officer Allen Weisselberg are named in the lawsuit.

POLL: Should Trump be allowed to run for office?

According to New York Times reporters Jonah E. Bromwich and Ben Protess, "Engoron's decision narrows the issues that will be heard, effectively deciding that the trial was not necessary to find that Mr. Trump was liable and that the core of Ms. James's case was valid. It represents a major blow to Mr. Trump, whose lawyers had sought to persuade the judge to throw out many of the claims against the former president."

Engoron also ordered sanctions for Trump's attorneys. Each will have to pay $7,500.