Trump News

President Donald Trump gloated in a 514-word social media post after an appeals court tossed out the massive judgment imposed on him for civil fraud, and he attacked other judges and their family members in other cases against him.

New York Judge Arthur Engoron found the president liable for fraud in September 2023 and imposed more than $500 million in penalties, accounting for interest, but an appeals court ruled Thursday the fine was "excessive," although they were split on whether the finding was justified – leaving the door open for New York Attorney General Letitia James to appeal.

An appeals court has thrown out the massive penalty against President Donald Trump in his civil fraud case, but "profound disagreement" among the judges who decided the ruling means their decision won't likely be the final word.

CNN's Kara Scannell reported that the five-judge panel tossed the nearly half-a-billion-dollar judgment against Trump imposed by New York Judge Arthur Engoron in a case brought by state Attorney General Letitia James, who accused the president of fraudulently inflating the value of his real estate holdings to obtain better loan terms from banks.

A panel of appeals court judges decided Thursday that while President Donald Trump was found to have broken the law and guilty of felonies, the panel thought that the civil fraud penalty was "excessive" at $464 million.

Legal experts complained about the decision, noting that the penalties aim to stop the unlawful behavior.

A proposal by Donald Trump’s commerce secretary that tech industry giant Intel should hand over an equity stake to the U.S. government in exchange for CHIPS Act funds set off laughter and incredulity on MSNBC on Thursday morning.

On Tuesday, Trump appointee Howard Lutnick made the suggestion during an appearance on CNBC, where he proposed, “We should get an equity stake for our money. So we’ll deliver the money, which was already committed under the Biden administration. We’ll get equity in return for it.”

A voter who supported Donald Trump in the presidential election begged the White House to end its tariff policy because his daughter's business was being "crushed."

Holly Eve told the Economic Times that she may have to close her California-based deodorant business after tariffs raised the prices on necessary components.

An appeals court tossed out the massive civil fraud penalty against President Donald Trump nearly a year after he challenged the ruling.

A five-judge panel in New York’s mid-level Appellate Division ruled the $355 million penalty imposed by Judge Arthur Engoron, which would have ballooned to $515 million with interest, was "excessive," and threw out the verdict, reported the Associated Press.

President Donald Trump's administration has published the terms of the trade deal with the European Union, but some of the promises Trump claimed were coming didn't materialize after all, according to one economics expert.

University of Michigan economics and public policy professor Justin Wolfers wrote on X that after perusing the deal, he discovered Trump's promise of $600 billion being sent to the U.S. from the E.U. isn't on the list.

A Democratic lawmaker revealed her concerns about a comment by President Donald Trump about the Russian invasion of Ukraine.

The U.S. president's whispered comments to French President Emmanuel Macron earlier this week were unwittingly picked up on a nearby microphone, and Rep. Madeleine Dean (D-PA) told "CNN News Central" what worried her about Trump saying that Russian President Vladimir Putin would agree to end his invasion of Ukraine to hand him a victory – "as crazy as it sounds."

The Department of Justice went 0-for-3 in requests to release grand jury testimony and evidence in the Jeffrey Epstein case, and a legal expert explained what could come next as the public clamors for more information about the notorious sex offender's crimes.

A federal judge on Wednesday rejected the DOJ's efforts to unseal the transcripts and exhibits, finding the government itself was the “logical party” to release the files and describing its motion as a "diversion," and CNN legal analyst Elie Honig analyzed the court decision.