ā€œAny foreign adversary seeking to buy a President knows the price,ā€ warns Rep. Sean Casten

A Democrat who sits on the House Financial Services Committee warned that former President Donald Trumpā€™s inability to secure a bondĀ for his $464 million fraud judgment makes him a ā€œmassive national security risk.ā€

Trumpā€™s lawyers in aĀ filingĀ on Monday told a New York appeals court that he cannot secure a bond after approaching 30 underwriters.

ā€œThe amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,ā€ the attorneys wrote.

The filing quoted an insurance broker who signed an affidavit stating that securing the bond is a ā€œpractical impossibility.ā€