KEY POINTS
  • Former President Donald Trump on Tuesday lost an effort at a New York appeals court to stay a contempt of court order, and as a result, still owes a fine of $10,000 per day.
  • Trump was found in contempt for failing to comply with a subpoena from Attorney General Letitia James seeking records she wants for her civil probe of the Trump Organization.
  • James is investigating allegations that the company improperly manipulated the stated valuations of real estate assets to obtain more favorable financial terms on loans, insurance and taxes.
Former U.S. President Donald Trump speaks at a rally at The Farm at 95 on April 9, 2022 in Selma, North Carolina.

Former President Donald Trump on Tuesday lost an effort at a New York appeals court to stay a contempt order, and as a result still owes a fine of $10,000 per day.

Trump on April 25 was found in contempt by Manhattan Supreme Court Judge Arthur Engoron for failing to comply with a subpoena from New York Attorney General Letitia James, who is seeking records for her civil investigation of his company, the Trump Organization.