Key insights
- The trial of James Comey, charged with threatening President Trump via a social media post, has been delayed to October. While politically charged, the event has a negligible direct impact on US equity markets. The delay introduces a minor element of political uncertainty.
Investing.com -- A U.S. judge on Tuesday delayed the trial of former FBI Director James Comey to October 21. The trial concerns a social media post featuring seashells that prosecutors say was a threat against President Donald Trump.
U.S. District Judge Louise Wood Flanagan made the decision after Comey’s legal team indicated plans to file multiple motions on constitutional grounds in July aimed at dismissing the case before trial. The trial will take place in New Bern, North Carolina. It was originally scheduled to begin in July.
Prosecutors charged Comey with threatening harm to the president and transmitting a threat across state lines. The charges stem from a May 2025 social media post in which Comey displayed seashells arranged to form the numbers "86 47." Trump is the 47th U.S. president. The number 86 is restaurant industry slang that can mean to run out of something or to get rid of something.
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