“Any foreign adversary seeking to buy a President knows the price,” warns Rep. Sean Casten

A Democrat who sits on the House Financial Services Committee warned that former President Donald Trump’s inability to secure a bond for his $464 million fraud judgment makes him a “massive national security risk.”

Trump’s lawyers in a filing on Monday told a New York appeals court that he cannot secure a bond after approaching 30 underwriters.

“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” the attorneys wrote.

The filing quoted an insurance broker who signed an affidavit stating that securing the bond is a “practical impossibility.”

  • ramble81@lemm.ee
    561·
    3 months ago

    So that’s an interesting question there. An elected official gets to see top secret information that anyone else would have to go through a stringent check on. Why shouldn’t the elected official be held to the same standard as they will be accessing the same information? Why does being elected override that?

    • Cethin@lemmy.zip
      English
      4·
      3 months ago

      Well, in my opinion, I’d rather have a homeless person as president than a rich bastard. I don’t think wealth should influence electability, but it does anyway. There should be plenty of checks in place though, just not requiring wealth.

    • TropicalDingdong@lemmy.world
      48·
      3 months ago

      I mean I agree.

      I also think that we could do away with primaries and parties together, then put together a list of qualifications for all the available elected positions; each voter is required to when registering to list their qualifications; then at random we select a pool of potential applicants for a given campaign cycle. We then vote on the candidates and decide. Public office shouldn’t be a career, it should be a civic obligation like jury duty. Unless you have a valid reason to not hold office, welp, if your number comes up…