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Market Reaction to Trump Indictment

Bloomberg Businessweek

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The Next Legal Steps in the Criminal Case Against Former President Donald Trump

We don't know what the charges are because it's under seal. The arraignment itself happens on Tuesday. In order to take that up to a felony, the prosecutors will have to prove that Trump falsified records to cover up a second crime such as violating federal campaign finance law. That's a novel kind of theory. New York prosecutors have never tried that before.

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