Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 Million

Donald Trump vowed to post a $175 million bond in New York’s civil fraud lawsuit after an appeals court slashed it by more than two thirds and handed him a crucial financial lifeline as state authorities were preparing to start seizing his assets.

The decision Monday was delivered as Trump faced a deadline to either pay the full $454 million verdict or post a standard bond for 120% of the judgment to put it on hold while he appeals. That would have amounted to nearly $545 million dollars, more cash than Trump said he had on hand.

The former president, ...