Before 12 New Yorkers branded Donald Trump a felon, a very different kind of jury had reached a verdict of its own at a ritzy Manhattan hotel.
, a very different kind of jury — one assembled at the sumptuous Pierre hotel on Fifth Avenue — had reached a verdict of its own.
A big reason, in a word: money. Trump has promised to cut taxes for the wealthy and eliminate regulations. President Joe Biden wants the opposite. A spokesperson for Ackman declined to comment, while Schwarzman and Lutnick couldn’t be reached for comment after the guilty verdict. After two days of deliberation, the jury of Trump’s peers found him guilty of falsifying business records to conceal a hush-money payment to a porn star. The verdict capped an extraordinary seven-week-long trial that transformed familiar scenes and traditions of election-year politics into a split-screen tableau of sex and scandal.
Scott Bessent, the former Soros Fund Management chief investment officer who is among those seen in the running to be Trump’s treasury secretary, said he was “personally disappointed” by the verdict but doesn’t think it will matter come November. Trump’s Wall Street backers insist this is about more than money. Some point to what they view as an increasing tolerance for antisemitism among progressive Democrats, especially after the October 7 attack by Hamas on Israel and the country’s subsequent bombing campaign in Gaza.
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