Donald Trump’s Wealth Under Siege From Civil Lawsuits

Donald Trump’s Wealth Under Siege From Civil Lawsuits

February 1, 2024, Wall Street Journal

Zack Parks’ commentary was included in a Wall Street Journal article examining how ongoing civil litigation against former President Donald Trump could end up costing Trump and his family real-estate conglomerate as much as half a billion dollars and complicate his affairs as he seeks the presidency.

Zack commented on how Trump might use donations to his presidential campaign to pay the costs associated with these cases, saying that “under the law, candidates can use campaign funds to pay for costs that are connected to their candidacies and aren’t for personal use. Trump could attempt to argue that the judgments fall into that category.”

He added that “Trump also could attempt to pay for judgments through other political-action committees, where donations can arguably be used for a broader range of purposes. The Federal Election Commission has offered little guidance on whether such funds can be used to pay court judgments.”