United States | News & Politics

A week into his bank fraud trial, Donald Trump late Thursday night dropped his oddly aggressive lawsuit against the judge overseeing the case—a move that had been seen as a last-minute scramble to avert a potential unraveling of the tycoon’s real estate empire.

But that happened anyway when Justice Arthur F. Engoron concluded the former president was a serial liar who faked the size of his buildings and value of his properties for years, ordering the family business’ licenses to be revoked.