CNS News– Following former President Donald Trump’s civil fraud trial verdict, New York Governor Kathy Hochul sought to reassure business owners in the state, affirming that there is “nothing to worry about” regarding the impact of the ruling on the commercial climate. Trump was fined $355 million and temporarily banned from engaging in commerce in the state after losing the trial.
In an interview on the New York radio show “The Cats Roundtable,” Governor Hochul addressed concerns raised by some business leaders regarding the potential chilling effect of the penalties imposed on Trump. She emphasized that law-abiding businesspeople in New York need not fear repercussions, emphasizing the uniqueness of the circumstances surrounding Trump’s case.
Hochul highlighted the fraudulent business practices revealed during the trial, indicating that Trump’s case was an outlier rather than reflective of typical business conduct in the state. She underscored the importance of upholding legal standards and prosecuting wrongdoing while assuring that most New York business owners operate with integrity and compliance.
New York governor seeks to quell business owners’ fears after Trump ruling https://t.co/fzhv5K3Qh8
— Guardian US (@GuardianUS) February 18, 2024
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The governor’s remarks aimed to alleviate concerns among business communities and investors regarding the broader implications of Trump’s legal troubles on the state’s commercial environment. By emphasizing the exceptional nature of Trump’s case, Hochul sought to reassure stakeholders and maintain confidence in New York’s business climate.