Hunter Biden is scheduled to sit for a private deposition with the House Oversight Committee this week. However, the date was set before the arrest of the committee's key witness, Alexander Smirnoff. Smirnoff, a former FBI informant, has been indicted for lying about the Biden family and their alleged dealings in Ukraine and has been arrested twice.
The impeachment investigation has faced challenges as Smirnoff's credibility has come into question. The arrest of a central witness has raised doubts about the basis for proceeding with Hunter Biden's deposition. Legal analyst Norm Eisen highlighted concerns about the impeachment inquiry, stating that there is no evidence of wrongdoing by President Joe Biden.
Eisen criticized the impeachment inquiry as baseless and suggested that Chairman James Comer should consider calling off the deposition. However, he acknowledged the partisan nature of the current political climate may prevent such actions.
Shifting focus to former President Donald Trump, recent developments in his legal battles have drawn attention. Trump was fined $355 million plus interest in a trial for falsifying business records. The interest on the fine is accruing at a rate of over $100,000 per day, bringing the total amount owed to over $464 million.
New York Attorney General Letitia James has been vocal about the fines, threatening to seize Trump's real estate assets if he fails to pay. Eisen analyzed the legal implications of the judgment against Trump, noting the challenges he faces in appealing the verdict.
Trump's appeal process is complicated by the substantial amount owed, including interest and additional costs. The AG will wait for the 30-day appeal period to expire before taking further action. Trump is expected to seek a stay to delay payment while he prepares for the appeal.
The financial implications of Trump's legal troubles raise questions about his ability to meet the financial obligations imposed by the court.
