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Monday, March 25, 2024

A $454 million deadline

Trump must post a costly bond or deposit to shield his assets. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Briefing

YOUR MORNING NEWS ROUNDUP

Mon Mar 25 2024

 

Nicole Fallert Newsletter Writer

@nicolefallert

Former US President and Republican presidential candidate Donald Trump (L) and former First Lady Melania Trump arrive to vote in Florida's primary election at a polling station at the Morton and Barbara Mandel Recreation Center in Palm Beach, Florida, on March 19, 2024.

Trump must post a costly bond or deposit to shield his assets.

Monday is former President Donald Trump's deadline to put up a bond or make a deposit of more than $450 million to shield his assets while he appeals a New York civil fraud trial loss. Also in the news: The Kremlin is pointing fingers at Ukraine following a deadly massacre at a concert hall and the world expressed support for Princess Kate after she revealed her cancer diagnosis.

🙋🏼‍♀️ I'm Nicole Fallert, Daily Briefing author.  Let this toddler's greeting brighten your Monday.

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Here's the news to know on Monday.

Trump's $454 million NY bond deadline is here

The 30-day window for former President Donald Trump to post an appeal bond or place cash with a New York court is expected to expire on Monday, meaning New York Attorney General Letitia James could move to freeze up Trump's assets or seize his property very soon.

The $454 million is a combination of interest and the money Judge Arthur Engoron determined last month that Trump got in better loan and insurance terms by fraudulently inflating the value of his assets over several years.

If James collected $454 million from Trump now and he won his appeal, he would be entitled to get the money back. But that doesn't necessarily mean he'd be made whole: if his property were sold as part of the process, there's no guarantee he could buy it back for the same price.
Can Trump's Truth Social deal save him from his financial woes? A deal to take his social media platform, Truth Social, and its parent company public could provide the former president a critical lifeline and net him more than $3 billion.
Meanwhile, more legal woes await Trump: The question of whether Trump's New York criminal hush money case will soon go to trial will be discussed in a Monday hearing.

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This photo illustration shows an image of former US President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.

STEFANI REYNOLDS, AFP via Getty Images

Putin announces arrests as concert attack death toll surpasses 100

Russia charged four men with terrorism after the Kremlin says they attacked a Moscow concert hall and killed at least 137 people. The militant Islamist group Islamic State claimed responsibility for Friday's rampage, the deadliest on Russian soil in years. President Vladimir Putin has vowed to punish those behind the attack. Russia has suggested the attackers are linked to Ukraine, despite emphatic denials from Ukrainian officials that Kyiv had anything to do with the attack. Read more

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People lay flowers at a makeshift memorial in front of the Crocus City Hall in Krasnogorsk as Russia observes a national day of mourning after a massacre that killed more than 130 people.

OLGA MALTSEVA, AFP via Getty Images

More news to know now

One person is dead and 5 others are injured, including a police officer, after a shooting near an Indianapolis bar.
A spring blizzard is brewing in the Northern Plains and Upper Midwest.
The Navy identified a Florida sailor who died while deployed in the Red Sea.
How did driving electric vehicles become political?
On today's The Excerpt podcast, a PAC scheme is helping pay Trump's legal fees. Listen on Apple Podcasts Spotify, or your smart speaker.

What's the weather today? Check your local forecast here.

Stopgaps end as Congress passes $1.2 trillion spending bill 

It's finally over: Congress passed the final six spending bills needed to fund the government until September after a short funding lapse early Saturday morning. The $1.2 trillion package capped a series of dramatic spending fights that stretched over months. The bill finalizes funding for several key agencies that represent around 70% of federal government spending, including the Department of Defense and Department of Health and Human Services, both of which administer hotly-contested operations abroad and at the U.S. Southwest border. Read more

How the Supreme Court case on the abortion drug mifepristone could affect 2024 election

The Supreme Court is expected to take up its first big abortion case since its divisive 2022 ruling in Dobbs v. Jackson Women's Health Organization, which overturned Roe v. Wade and handed abortion rights to individual states to determine. On Tuesday, the justices will consider if the Food and Drug Administration correctly allowed the abortion pill mifepristone to be dispensed through the mail; let nurse practitioners and physician assistants prescribe the drug in addition to doctors; and let patients take the drug up to ten weeks into a pregnancy instead of seven. And the course of the justices' decisions will likely influence how voters show up in November. Read more

Virginia protects abortion. Tennessee restricts it. America's abortion debate splits the town of Bristol right down the middle.

Keep scrolling

The feds just botched financial aid data for roughly 200K students.
Here's what pawn shops reveal about the state of the economy.
Why is breakfast becoming more expensive?
These experts say you should feel safe on a Boeing plane.
Chick-Fil-A will now allow antibiotics in its chicken.
VP Harris says the Biden administration doesn't want to ban TikTok.
Why are there more wildfires in the U.S.?

Men's and Women's March Madness recap

Upsets were hard to come by as the Round of 32 of the men's NCAA Tournament concluded with eight second-round games on Sunday. No. 1 seeds UConn — the defending national champions — Houston and Purdue all prevailed, while legacy teams such as Duke and Marquette also advanced to the Sweet 16. In the women's tournament, No. 1 overall seed and undefeated South Carolina defeated the No. 8 seeded North Carolina Tar Heels. And defending champion LSU rallied to beat No. 11 Middle Tennessee State. Read more highlights from the weekend of the women's and men's NCAA tournaments.

Why is LSU coach Kim Mulkey feuding with the Washington Post?

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The Connecticut Huskies faced off against the Northwestern Wildcats in the second round of the NCAA Men's Basketball Tournament at Barclays Center on March 24, 2024 in New York City.

Sarah Stier, Getty Images

Photo of the day: The world reacts to Princess Kate's cancer diagnosis

Princess Kate and Prince William expressed their gratitude for the outpouring of public support after Kate announced in a video she was diagnosed with an undisclosed form of cancer and is undergoing "a course of preventive chemotherapy treatment" following major abdominal surgery in January. Read more reactions from London

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People react to an announcement about the health of Britain's Catherine, Princess of Wales, outside Buckingham Palace in London, Britain, March 22, 2024.

Hollie Adams, REUTERS

Nicole Fallert is a newsletter writer at USA TODAY, sign up for the email here. Want to send Nicole a note? Shoot her an email at NFallert@usatoday.com or follow along with her musings on  Twitter. Support journalism like this – subscribe to USA TODAY here.

Associated Press contributed reporting.

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