President Donald Trump could see his vast personal fortune wiped out by a judge's ruling relating to the January 6 Capitol Hill attack, a legal analyst wrote Sunday.
The insurrection occurred as Congress met to certify the 2020 presidential election results, which Trump had refused to accept. Veteran legal analyst Sabrina Haake believes that Trump could see his personal fortune wiped out should a judge rule he is personally liable for damages accrued during the insurrection.
Haake wrote, "Measuring the amount of corruption lining Trump’s pocket is like shoveling on a snowy day. As of late January, Trump had pocketed upwards of $4 billion from untraceable cryptocurrency ventures, suspicious market manipulations, and outright bribery from foreign and domestic sources during his first year back in office.
"He’d better be thinking on how to hide it, because U.S. District Judge Amit P. Mehta has ruled that Trump. Is. Civilly. Liable for the damages he caused on January 6, 2021."
Last month, Mehta ruled that Trump was not immune against civil claims for damages regarding Jan. 6.
"Judge Mehta’s cautious 79-page ruling denied Trump civil immunity through a careful analysis largely devoted to distinguishing between Trump’s criminal actions as an office-holder (official-acts immunity), and his actions in seeking office, which were not official acts and therefore are not immune.
"The decision carefully followed the Supreme Court’s immunity ruling, and will allow claims against him from members of Congress and Capitol police officers to proceed to trial."
Rep. Barry Loudermilk, who chairs the new GOP Select Subcommittee on the Jan. 6 attack, suggested federal agencies had advance warning of violence ahead of the deadly Capitol attack, insisting, “there’s no way they could miss that.”
“There was intelligence from both groups on the left and the right,” Loudermilk told Raw Story this month. "Why wasn't something done? Was it incompetency? I can't believe that it's that level of incompetency across several agencies.”
Rep. Zoe Lofgren (D-CA) blasted Loudermilk’s line of attack as “embarrassing,” and accused Republicans of ignoring the root cause of the riot. "What happened was that Trump incited a mob and asked them to come and attack the Capitol violently," Lofgren said.
