NY Judge Orders Trump to Pay $2 Million in Charity Settlement

A state judge ordered President Trump to pay $2 million in damages to a collection of nonprofit groups on Wednesday as part of a settlement of a lawsuit that accused the Donald J. Trump Foundation of financial mismanagement.

The settlement, finalized last month and announced on Wednesday in the judge’s order, brought an end to a protracted legal battle over the foundation, whose giving patterns and management became a flash point during Mr. Trump’s run for office. The settlement included a detailed admission of misconduct: rare for the president, who...

A judge has ordered President Trump and his children to pay $2 million to a group of nonprofit organizations as part of a settlement with the New York state attorney general's office involving "persistent" violations of charities law, reports CNN.

Why it matters: The lawsuit alleges that the Trumps violated state and federal campaign finance laws in 2016 by using the Donald J. Trump Foundation's tax-exempt status "as little more than a checkbook to serve Mr. Trump's business and political interests." The Trump Foundation agreed to dissolve last December in...