Mary Trump Says Donald Trump Has Three Major Problems

Mary Trump is not shy when it comes to criticizing Donald Trump—and now she's detailed the three problems her uncle faces when it comes to paying an enormous fine ordered by a New York court.

In a lawsuit filed in September 2022, New York Attorney General Letitia James accused Trump, his two adult sons Donald Jr. and Eric, The Trump Organization and two firm executives, Allen Weisselberg and Jeff McConney, of fraudulently overvaluing assets to secure more favorable bank loans and taxation deals.

On Friday, Judge Arthur Engoron ruled that Trump will be fined roughly $355 million and barred from doing business in New York for three years after a monthslong civil trial from late last year into early January. In total, he owes $453.5 million due to the court applying $98.6 million in pre-judgment interest. The trial was to decide the damages Trump would face after Engoron found that he committed fraud by inflating the value of his assets.

Writing in an edition of her newsletter The Good in Us delivered to subscribers on Wednesday entitled "Letitia James: I'll Take 40 Wall Street," Mary Trump laid out the potential difficulties her family member may face.

Mary Trump and uncle Donald Trump
Mary Trump attends Jim Owles Winter Pride Gala Award Ceremony at Hard Rock Cafe - Times Square on January 20, 2023, in New York City and Donald Trump speaks during a Fox News town hall... Johnny Nunez/Justin Sullivan/WireImage/Getty Images

Newsweek contacted Mary Trump and Donald Trump for comment via email Thursday.

Mary Trump said she thinks her uncle's first problem is that while his attorney Alina Habba promised to appeal the judgment, James has "already signaled it will be a waste of time."

"In remarks during her interview with ABC News, James emphasized that she is 'very confident' about the strength of her case on appeal. Why? Because Engoron's conclusions themselves were based on hard evidence —evidence that includes documents that 'clearly contain fraudulent valuations that defendants used in business,'" she wrote.

These documents include financial records, loan applications and internal communications within the Trump Organization. The writer, who is a prominent critic of her uncle, said "no appellate court will be able to ignore such evidence."

According to Mary Trump, Donald Trump's second problem is that James has threatened to seize his assets, including his Manhattan skyscraper 40 Wall Street, if he doesn't pay the fine. She said this is a statement that will "push him closer to the edge."

"First, James implies that there's a possibility Donald does not have enough cash to satisfy the judgment; that alone is enough to enrage him. Readers of The Good in Us know that Donald is obsessed with his net worth and he goes to great lengths to convince people he is enormously wealthy. It's a significant part of his identity," she wrote.

"The urgency with which he clings to the false idea that he is richer, more successful, and more talented than he is serves to hide the truth–not just from us, but from himself–that he is, quite simply, a loser."

Her uncle's third potential problem is the fact that he is reported to have approximately $400 million in cash, according to a report by CNN, which would not cover the entirety of the penalty he owes.

Mary Trump said that due to the E.Jean Carroll case, in which he was ordered to pay $83.3 million for defaming her, he could be at risk of liquidation. "If you consider that his debt is constantly increasing, because interest is calculated daily, his chances of avoiding liquidation are in serious jeopardy," she wrote.

Per Engoron's judgment, Donald Trump can't get a loan from any bank chartered in New York. Mary Trump added that because he was found liable for fraud, he may struggle to get a bank to lend him money anyway.

It is unclear if the judge in the civil fraud trial will agree to delay the start of when Donald Trump must pay the $355 million or post the cash bond to appeal.

She concluded the post: "Thank you for ALL you do in this fight. Donald's nightmares are only beginning."

Uncommon Knowledge

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

About the writer


Billie is a Newsweek Pop Culture and Entertainment Reporter based in London, U.K. She reports on film and TV, trending ... Read more

To read how Newsweek uses AI as a newsroom tool, Click here.
Newsweek cover
  • Newsweek magazine delivered to your door
  • Newsweek Voices: Diverse audio opinions
  • Enjoy ad-free browsing on Newsweek.com
  • Comment on articles
  • Newsweek app updates on-the-go
Newsweek cover
  • Newsweek Voices: Diverse audio opinions
  • Enjoy ad-free browsing on Newsweek.com
  • Comment on articles
  • Newsweek app updates on-the-go