A panel of New York appellate judges has reduced Donald Trump’s bond in the New York Attorney General’s civil case to $175 million, an amount he can probably afford. Ken and I discuss possible reasons the court took this surprise action — as is typical for this kind of decision in New York, the judges didn’t really explain their reasoning — and the likely course of Trump’s appeal to come later this year. Meanwhile, in New York Supreme Court (which is the trial court), Trump’s criminal trial over falsification of business records starts next month — we have pretrial updates, including on the gag order for the former president modeled on another recent gag order.

Plus: why are law clerks quitting Judge Aileen Cannon's chambers? And Rod Blogojevich is told to "just go."

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