On Friday US time, the three-month hearing focused on Donald Trump’s business dealings in New York came to an end. Trump was ordered to pay back more than $US350 million , plus interest. He and two of his associates are banned from directing any business in New York for three years. His two sons, Donald Jr and Eric Trump, have also been handed two-year bans, and ordered to pay US$4 million each.
Coverage of the case and its stunning end has consistently focused on Trump’s celebrity – after all, he built his national profile on the back of his supposed business acumen, trading on his long stint as host of the popular television show The Apprentice. This has led some commentators to argue this most recent case represents a “stunning”, “devastating” and “shocking blow” to the image of Trump as a successful real estate mogul better placed than anyone to run the world’s largest and most important economy.
Trump’s ability to tap into a particularly American form of racial revanchism – his political acumen in marrying conspiracy, racism, and political grievance in an increasingly unequal society – is what brought him to power. It is what sustains him still. Nothing, or everything, might change That does not mean, however, that continued support for Trump is inevitable.
If it goes ahead as planned, a late March trial date will likely mean these hearings will barely be over before the next set begins. The classified documents case, centering on Trump’s alleged illegal removal of highly classified documents from the White House, is scheduled to begin in Florida in late May. Scheduling for the other two cases, focused on on Trump’s role in the January 6 insurrection and election interference in the state of Georgia, remains unclear.