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The Guardian - US
The Guardian - US
World
Edward Helmore

Car loan financier who put up $175m bond for Trump was ‘happy to do it’

man in a suit and red tie
Donald Trump arrives at 40 Wall Street after a court hearing in New York last month. Photograph: Charly Triballeau/AFP/Getty Images

The California auto loan king behind Donald Trump’s $175m bond to stave off collections while he appeals a $454m civil fraud judgment has said he was “happy to do it”.

Don Hankey, chair and majority shareholder of Knight Specialty Insurance, told CNN that his underwriting of Trump’s loan was “what we do”.

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