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President Donald Trump’s former personal attorney Alina Habba Mildon has lost a four-year contract worth more than $50 million to serve as general counsel for a company founded by the daughter of a Venezuelan billionaire Trump pardoned earlier this year, according to The New York Times.
Concord Partners, a Florida-based company founded by Isabela Herrera, daughter of Venezuelan banker Julio Herrera Velutini, terminated Habba Mildon’s contract after President Donald Trump urged the Herrera family to stop paying her, The New York Times reported Wednesday.
A source familiar with the matter confirmed the termination to Fox News Digital.
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WASHINGTON, DC – MARCH 28: White House Presidential Counselor Alina Habba delivers remarks before being sworn in as the interim U.S. Attorney for New Jersey in the Oval Office at the White House on March 28, 2025 in Washington, DC. Habba is a former personal attorney for President Donald Trump. (Photo by Andrew Harnik/Getty Images) (Andrew Harnik/Getty Images)
Concord Partners cited a “failure to perform duties” in a Nov. 4 termination letter obtained by The New York Times.
Trump pardoned Venezuelan banker Julio Herrera Velutini on Jan. 15, 2026, just two weeks after Habba Mildon began working for the company founded by his daughter. Herrera faced federal bribery charges tied to an alleged scheme involving Puerto Rico’s governor and struck a plea deal accepting a misdemeanor campaign finance violation in August 2025.
The firing came just days after Trump publicly blasted Habba Mildon’s $50 million arrangement as excessive and said he did not want her to receive the money.
“I thought it was terrible,” Trump told reporters at Mar-a-Lago on Oct. 31, Reuters reported. “I told her, and I said, ‘I don’t want her paid.'” He called the arrangement “totally obnoxious and outrageous” and “not acceptable.”
WASHINGTON, DC – MARCH 28: U.S. President Donald Trump (L) listens as White House Presidential Counselor Alina Habba delivers remarks before being sworn in as the interim U.S. Attorney for New Jersey in the Oval Office at the White House on March 28, 2025 in Washington, DC. Habba is a former personal attorney for President Donald Trump. (Photo by Andrew Harnik/Getty Images) (Andrew Harnik/Getty Images)
Habba Mildon has denied playing any role in securing Herrera Velutini’s pardon, pushing back against questions about whether her contract was connected to the president’s decision.
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“The Fake News still seems very confused by this so let me be even more clear: I was never paid to secure a pardon. I never met with anyone at the White House or DOJ about a pardon. I’ve never done any work in any capacity whatsoever for a pardon for anyone, period,” Habba wrote on X on Oct. 21.
Habba Mildon signed the agreement with Concord Partners in October 2025 while serving as acting U.S. attorney for New Jersey. She began working for the company on Jan. 1, 2026, after becoming a senior adviser to Attorney General Pam Bondi, according to the outlet.
Habba Mildon had already received about $14.5 million, including an $8 million signing bonus and $6.5 million in additional payments, according to The New York Times.
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FILE – Alina Habba speaks after being sworn in as interim US Attorney General for New Jersey, in the Oval Office of the White House in Washington, on March 28, 2025. (Pool File via AP)
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Fox News Digital reached out to Habba Mildon and the White House for comment.