Alina Habba loses $50M contract that angered Trump
The gist
Concord Partners terminated Alina Habba Mildon's $50M contract, citing failure to perform duties.
The firing followed Trump's public condemnation of the deal tied to a pardon.
How it unfolded
- Aug 2025Julio Herrera Velutini reached a plea deal, pleading guilty to one misdemeanor campaign finance violation after being accused of attempting to bribe the governor of Puerto Rico in 2022.
- Late Oct 2025The contract was signed with Concord Partners while Habba Mildon served as acting US attorney for New Jersey, per reporting.
- Oct 20, 2025The New York Times published an investigation reporting Trump pardoned Herrera Velutini after the banker's daughter offered Habba a contract worth $40 million, with bonuses that could push the total above $50 million.
Key terms
- general counsel
- The chief in-house lawyer for a company or government department.
- clemency order
- A government decision that relieves a person of some or all legal consequences of a criminal conviction.
- felony
- A crime traditionally considered more serious than a misdemeanor, often punishable by imprisonment or death.
Source: Wikipedia