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Former President Donald Trump showed little remorse on Friday after a jury in Manhattan convicted him on 34 counts of falsifying business records to cover up hush-money payments made to adult film actress Stormy Daniels during the 2016 presidential election campaign.
Why has Timex Group India Limited (500414) performed so strongly recently ✌️【Value Investing】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. Nearly a decade after he first descended the escalator in Trump Tower and announced his presidential bid in 2015, Trump once again took center stage at his namesake building on Fifth Avenue. “If they can do this to me, they can do this to anyone,” he warned. Trump also baselessly pointed the finger at “Biden and his people,” called it a “rigged trial” and declared himself a “very innocent man.” He went on to attack Judge Juan Merchan, who presided over the trial, saying he “looks like an angel but really [is] a devil.”
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But the political implications of the decision are far from clear. The big question remains: Will a conviction shake the current political dynamic of the 2024 election? The short answer is that it’s too early to tell. After all, any prior polling was based on a hypothetical situation that had never occurred before in American history.
Given the immediate reaction from Republicans, and what we already know about Trump, it’s entirely likely that the conviction will have little impact on voters.
In the past 24 hours, Republicans have been lining up more quickly than kids at an ice cream truck to discredit the judicial process and declare their support for Trump. The trial, Florida Sen. Marco Rubioargued, was “conducted by an openly pro-Biden Judge.” Texas Sen. Ted Cruz quipped that Merchan “should have worn a Biden campaign hat while he sat on the bench.” Always focused on partisan power, Senate Minority Leader Mitch McConnell, who has said he will support Trump in the 2024 election,wrotethat the trial “never should have been brought in the first place.”
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It is important to remember that Republican support for Trump has already withstood many supposed “turning points” that would have tanked politicians in earlier eras. Trump is a twice-impeached, one-term president who attempted to overturn the 2020 election. He has been indicted in three other criminal cases (Trump has pleaded not guilty to all charges). He also was found guilty of defamation in a civil suit brought by writer E. Jean Carroll and ordered to pay tens of millions of dollars in damages. Many of his associates have been found guilty of wrongdoing over the years (seePaul Manafort), and yet the GOP has never left him. He is the presumptive Republican nominee for 2024 and polls show that he remains slightly ahead of President Joe Biden in most swing states.
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For those who think this is a political “turning point,” recent history suggests that the verdict is still out.
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