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'SHOULD BE AFRAID:' NYC Trump ruling worries businesses

Fox News contributor Charles Payne joined 'America's Newsroom' to discuss why some businesses in the Big Apple are worried after the Trump ruling. #FoxNews Subscribe to Fox News! https://bit.ly/2vBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 18 consecutive years. According to a 2020 Brand Keys Consumer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. A 2017 Gallup/Knight Foundation survey also found that among Americans who could name an objective news source, FOX News was the top-cited outlet. Owned by FOX Corporation, FNC is available in nearly 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre. Watch full episodes of your favorite shows The Five: https://www.foxnews.com/video/shows/the-five Special Report with Bret Baier: https://www.foxnews.com/video/shows/special-report Jesse Watters Primetime: https://www.foxnews.com/video/shows/jesse-watters-primetime Hannity: https://www.foxnews.com/video/shows/hannity The Ingraham Angle: https://www.foxnews.com/video/shows/ingraham-angle Gutfeld!: https://www.foxnews.com/video/shows/gutfeld Fox News @ Night: https://www.foxnews.com/video/shows/fox-news-night Follow Fox News on Facebook: https://www.facebook.com/FoxNews/ Follow Fox News on Twitter: https://twitter.com/FoxNews/ Follow Fox News on Instagram: https://www.instagram.com/foxnews/

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9 days ago

33 pass 30 days even if we choose to appeal this which we will we have to post the bond which is the full amount and sum um and uh we will be prepared to do that they picked the wrong guy to pick on in my opinion because he's strong he's resilient and he happens to have a lot of cash as his lawyer said Donald Trump is not going down without a fight the former president vowing to appeal the ruling in his New York City fraud trial that resulted in a staggering $355 million fine and banned him from
operating a business in the city for 3 years meantime questions now about the fate of his business Empire joining us now Charles Payne host of making money on Fox Business want to play for you what governor Kathy hoko says New Yorkers she thinks it's all fine watching yeah this is really uh an extraordinarily unusual circumstance that the law- Abiding and Rule following New Yorkers who are business people have nothing to worry about because uh they're very different than Donald Trump and his be
havior Charles should what you I mean do you think business people in New York agree oh oh no they have to be afraid and a lot of them aren't going to actually come out and say anything but we're going to see they don't want to get they don't want to get targeted exactly if you can anyone who's who's who's thinking in their right mind has to understand you may be in favor you know the the government in power may like you now but if they can do this to someone they don't like eventually they can
do it to you as well and so I don't see a whole lot of business folks out there cheering this uh you were talking about a victimless crime banks that voluntarily did business with President Trump uh Banks who would do more business with former president Trump uh and and so they find an ordinance or law that has never been used ever before and anyone else you can't say it's not targeting and and again following the report just now from Brian Brian yit I mean think about this uh you know it's we'r
e in a city where that's already a trillion dollars has left this city uh in business uh where real estate commercial real estate is at 52% occupancy we've got one Bank New York Community Bank that's stock is down over 50% this year in the last few weeks because there's so much concern over you know these buildings being empty these Office Buildings and how many can we quickly convert to apartments and things like that it's an awful business environment to begin with uh and and this has made it
even more imp Pleasant just a comment and then a question for you I I I I heard her sound bite a lot when she says Donald Trump and his behavior yeah yeah okay she she didn't say his actions or the decisions he made as a businessman she said his behavi Behavior we know the Democrats hate Trump for his behavior they've made a clear I thought it was an interesting choice of words from her secondly who gets the money I you know every time I see these fines like a wall a bank is f you know $4 billio
n do right in the secc takes the the the victims had never seen anything right they don't I don't know who's going to see this money again no one filed a charge no one filed the complaint uh so it's just an old school but I want to pick up on what you said because the judge made a similar comment uh in this right he says speaking of President Trump they did not rob a bank at gunpoint Donald Trump is not burning maid off yet the fants are incapable of admitting the error of their ways it feels li
ke the whole plan was to make president Trump bow to make him to Humble him to to take away his his swag to you know to remove the veneer of of of you know know the anti-establishment veneer to break him down that's what they're looking for like they're going for more than anything else and it keeps back firing and every time it backfires someone sees themselves in president Trump like okay there's all these cases out there maybe some are good some aren't but the bottom line is it feels like whe
n you get something like this and you hear the commentary they feel like that's me you know the system is trying to bring me to my knees and I don't have the wherewithal but I have a person who's out there fighting for me uh and you know and I just I I I just think there's so many things legit legitimate things out there that can be pursued but there are so 92 indictments right it's just it's such Overkill and then that then the sort of after the victory laps afterwards is like you know we're go
ing to beat this guy down I I don't or like in the EEG Carol Case where her and her team are basically like we're going to go shopping you know they try to take that back but they said it and they meant remember they were laughing and I don't think a lot of businesses are laughing it's it's a tough thing you know and again New York City New York City is the the brokest city in America with respect to the to the burdens out there the tax the average taxpayer Burton is $61,000 in this city uh it i
t you know we they listen offering cards to to illegal immigrants $10,000 credit cards you know they're meeting people at the bus stations greeting them it's just it's just a city that feels like it has its priorities wrong and the problem here is that I watch Europe a lot as a as a economic cautionary ta oh and and because I don't want America to go down the same path particularly Germany and we are going down that path of uncontrolled borders of personal vendettas of regulations too many regul
ations too many rules I mean it's just and we've been gifted so many different things right and we're giving that up voluntarily giving it up for really pettiness and it's it's scary something we shall watch nice to see you o appreciate it thanks P there he is I'm Steve juy I'm Brian kilme and I'm Angley aart and click here to subscribe to the Fox News YouTube page to catch our hottest interviews and most compelling analysis

Comments

@bufbooth

The fact that the NY Governor had to make a statement about businesses not having to worry, is a sign itself that businesses need to worry...a lot!!!

@TerryDarellCaldwell

I've said it a couple times and I'll say it again. I've never seen someone hated on for nothing and pocket watched in my lifetime more than Donald J Trump. Trump 2024 🇺🇸

@kevinchambers1101

Every owner of a building in New York has done the same thing as President Trump and therefore are in danger of being charged with committing the same financial actions.They better all worry.

@yisroelkatz-xj6pq

If you want to get the truth never ask a Democrat!

@timz.4000

If I offer the judge $100 for his house, he MUST accept it. How dare he ask for a larger amount!

@aware24

Should sue the justices for targeting Trump

@CptnManchester

Here i have to pay 37% tax - and they're handing money out like candy to people who aren't Americans.

@janstolk486

the governor basically said don't worry we have different laws for trump and everybody else . got it !

@user-ye5fz4kb2b

BUSINESS NEEDS TO LEAVE NEW YORK AS SOON AS POSSIBLE JUDGES ARE CORRUPT.

@lasersbee

If you have a business...... GET OUT NOW.

@Nanobits

Corporations should bail on NYC, i guarantee they just proved they will prosecute you if you do not align politically, we all know this is political and we all know Letitia James should have been disbarred for her actions in this entire case. People no longer trust the legal system in the United States, we are at a point where the people will no longer accept the rule of law since the government itself no longer follows a moral code of law.

@davidwood2387

They picked on Trump, they picked on all of us . What happening in this country , should be a concern for everyone .

@DerekHiser-wn8zb

This is the biggest political hack of all time.

@jamescaputo5095

Payne nails it.

@petercristo992

Charles Payne makes good points. 🇺🇲

@tonyr.4778

So the Governor basically admitted this case is only against one person, trump. That is admitting its a political persecution since what trump did was the norm for real estate developers.

@carloscendejas3125

Accurate commentary! Thank you, Charles. Very disappointed in the NY judicial system. All politics aside, this is truly appalling.

@VK-zt6sw

NY governor talking about businesses not having to worry? Well - businesses are extremely worried and will certainly leave not business friendly place.... That's unfortunate and not just for business owners and but for New Yorkers as well.🇺🇲

@kevinfreeman5346

Truckers for Trump 2024 let's take back our country

@keniamercedes8059

When the government come out to reassure you that you do not have to worry. It is the time that you have to worry the must.