
President Trump's New York fraud debt tops $500 million
CBSN
President Trump's debt to New York from a civil fraud judgment passed $500 million on Tuesday, as interest continues to accrue while he appeals.
The figure has been growing ever since a lengthy civil fraud trial ended with Mr. Trump, two of his sons and a former Trump Organization executive ordered to pay back $364 million in disgorgement for "ill-gotten gains" and $100 million more in interest dating back years.
They appealed the February 2024 judgment but interest has continued to build, at a rate of more than $114,000 per day. The total for all defendants hit $500 million on Dec. 29.

This story previously aired on July 3, 2021. It was updated on June 17, 2025. NEWS REPORTS: The brutal murder of the Pelley family … Shot to death in their home Sunday morning … It thrust a small town into the national spotlight ... DET. BOTICH [ interrogation]: So. do you know who killed your mother and father, or your father and stepmother? DET. BOTICH [interrogation]: Did you have anything to do with it? NEWS REPORT: Tuesday lawyers laid out their cases to the jury in opening statements. NEWS REPORT: After calling more than 50 witnesses, prosecutors say all the facts point to Jeff Pelley. NEWS REPORT: The prosecutor started his closing argument letting the jury know it was his burden to prove the case. NEWS REPORT: But now the burden of deciding Jeff Pelley's fate is theirs. NEWS REPORT: One of Pelley's lawyers says his client is under a lot of stress now that the jury has the case.

Former Texas Rep. Blake Farenthold, who left Congress amid sexual harassment allegations, dies at 63
Former Rep. Blake Farenthold, who left Congress amid sexual harassment allegations, has died. He was 63.