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Axios

Politics

Trump's $464M bond reduced in N.Y. civil fraud case: Here's what to know

Eric Trump Letitia James New York

Former President Trump was facing a Monday deadline to post a $464 million bond in his New York civil fraud case when a New York appeals court agreed to slash it by nearly $300 million.

Why it matters: The appeals court also extended by 10 days Trump's deadline to post the reduced $175 million bond. The temporary reprieve staved off a worst-case scenario for the likely 2024 GOP presidential nominee.

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