BELLINGS

Trump loses longshot bid to erase hush money conviction

A federal judge again declined to erase President Trump 's hush money conviction on Friday, noting that the president's arguments were "neither new nor legally sufficient." Why it matters: The loss is another blow to the president, who has sought to get the conviction of 34…

A federal judge again declined to erase President Trump 's hush money conviction on Friday, noting that the president's arguments were "neither new nor legally sufficient." Why it matters: The loss is another blow to the president, who has sought to get the conviction of 34…

BELLINGS Intelligence Score: 5

Why it matters

This legal ruling on Trump's hush money conviction is a political and legal development with limited direct impact on credit markets, underwriting, or financial regulation relevant to sophisticated credit professionals.

Sources

  • Axios

    Trump loses longshot bid to erase hush money conviction

    A federal judge again declined to erase President Trump 's hush money conviction on Friday, noting that the president's arguments were "neither new nor legally sufficient." Why it matters: The loss is another blow to the president, who has sought to get the conviction of 34…