Mark Gilbert , Columnist

The Next Presidency Hinges on Trump's Court Case

The former US president’s indictment on federal charges breaks all new ground constitutionally and politically.

June 9, 2023 at 5:12 PM UTC

Mark Gilbert is a Bloomberg Opinion columnist covering asset management. A former London bureau chief for Bloomberg News, he is author of “Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable.”

For some, nothing will change.
Photographer: Michael M. Santiago/Getty Images

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The indictment of former President Donald Trump on federal charges creates an unprecedented legal quagmire. He is reportedly charged with willful retention of national defense information, corruptly concealing documents, conspiracy to obstruct justice and making false statements. Violating the Espionage Act by retaining national defense information can carry up to 10 years in prison, and obstructing justice can result in as many as 20 years behind bars.