Appeals court judge denies Trump’s motion to delay more than $454 million penalty

Justice Anil Singh on Wednesday denied former President Donald Trump’s 1,794-page motion to stay a collection of civil business fraud fines. New York State Supreme Court Judge Arthur Engoron had ruled that Trump owed more than $450 million in fines after finding him liable for falsifying the net worth on paperwork used in business deals. Trump has denied wrongdoing and said that no one suffered harm as a result of anything in the paperwork in question.

What does this new ruling mean? Even as the appeals process goes forward, Trump now has to pay the full fines, though he had requested to pay only a $100 million bond. However, Singh said Trump could receive loans from New York financial institutions to help with that.

Dig deeper: Read Carolina Lumetta’s report in The Stew about how the Supreme Court seemed to favor keeping Trump on states’ primary ballots in recent oral arguments.