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Posted: 2024-03-21T09:15:47Z | Updated: 2024-03-21T15:02:18Z

Former Trump White House press secretary Stephanie Grisham on Wednesday said she could envision Donald Trump declaring bankruptcy in a bid to stall the seizure of his assets as the former president struggles to meet the bond to appeal the $464 million damages he owes following his civil fraud trial.

CNN s OutFront anchor Erin Burnett noted how the presumptive GOP nominee had built his entire candidacy, his political career about being this billionaire, successful businessman and asked Grisham whether hed be willing to declare bankruptcy so close to the 2024 election, given the negative message it may send to voters. Trump has done so on multiple previous occasions .

I do, replied Grisham.

New York Attorney General Letitia James, who brought the civil case against Trump and his business, can next week begin the process of seizing his assets.

Grisham suggested that rather than lose Trump Tower, Mar-a-Lago or Bedminster, those top three for sure, he would declare bankruptcy.

Trump will then lean into it, she predicted.

Trump needs a lot of moneyand fast as a deadline approaches to pay a $464M bond. Bankruptcy could buy him more time. Would he be willing to do it? His former White House press secretary thinks so. pic.twitter.com/j3tFI0p87c

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Trump needs a lot of moneyand fast as a deadline approaches to pay a $464M bond. Bankruptcy could buy him more time. Would he be willing to do it? His former White House press secretary thinks so. pic.twitter.com/j3tFI0p87c

Erin Burnett OutFront (@OutFrontCNN) March 21, 2024

Privately, will he like it? No, hell hate it, Grisham said. But hell lean into it and say This is what I was forced to do, This is because of the left wing, This is because of the New York liberals, theyre doing this to me, This is just a business move to protect myself.

I can hear it now, said Grisham. He wont like it personally, but I can absolutely see him doing that.

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Grisham later suggested Trump, if he wins the 2024 election, may be able to reverse the move. A bankruptcy now would be all about stalling the loss of those properties, she added.

Support Free Journalism

Consider supporting HuffPost starting at $2 to help us provide free, quality journalism that puts people first.

Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.

The stakes are high this year, and our 2024 coverage could use continued support. Would you consider becoming a regular HuffPost contributor?

Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.

The stakes are high this year, and our 2024 coverage could use continued support. We hope you'll consider contributing to HuffPost once more.

Support HuffPost