Trump Discloses More Than $100000 Payment to Michael Cohen in Financial Form

Trump Discloses More Than $100000 Payment to Michael Cohen in Financial Form

Trump Discloses More Than $100000 Payment to Michael Cohen in Financial Form

Stormy Daniels' lawyer said Thursday that he is almost done confirming the accounts of two women who say they had sex with Donald Trump and then signed secrecy agreements that paid them even more than the $130,000 the adult film star received.

The ethics office had received a complaint, calling on it to investigate whether the payment to Mr Cohen should have been reported as a liability on President Trump's financial disclosure report for 2016.

Trump's representatives said in the document that revealing the payments made to Cohen was not necessary by law, instead saying they were listing them "in the interest of transparency".

A footnote in tiny type on page 45 of the 92 page document says the president "fully reimbursed" Cohen for "expenses" ranging from $100,001 to $250,000.

This is a developing story.

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President Trump's newly released financial disclosure is raising questions about the controversy over hush money paid to a porn star. "You won't see daylight between me and the President", Giuliani said. Trump has previously denied knowing about that payment or reimbursing Cohen.

Mr Trump, his campaign and Mr Cohen have all denied any wrongdoing.

Mr Trump's acknowledgment that he reimbursed Mr Cohen puts the president "at the middle of all of the campaign finance violations", said Paul Ryan, head of litigation at Common Cause.

Of course, it should be noted that DOJ policy says that a sitting president can not be indicted with criminal charges, but Shaub also raised the issue of a possible civil issue.

Daniels is fighting to have a court void the nondisclosure agreement that she says Cohen had her sign to buy her silence about a one-night stand with Trump.

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And David Apol, director of the Office of Government Ethics, referred the matter to the Justice Department.

Attorneys for Trump and Cohen did not immediately respond to inquiries about Avenatti's comments on the two women.

A liberal-leaning watchdog group, Citizens for Responsibility and Ethics in Washington, filed a complaint in March requesting an investigation into the payment and whether Trump broke the law by failing to disclose it a year ago.

The disclosure shows millions in 2017 income from rents, licences, book and television royalties, company shares, hotel management fees and golf courses, with interests from India to Dubai.

Cohen was eventually paid $1.2 million by Novartis for the one-year deal that prompted the drugmaker's top lawyer to resign on Wednesday.

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Cohen told the House Intelligence Committee he left the project "for business reasons" in January 2016 in part because the Trump Organization couldn't get necessary government permissions in Russian Federation to build.

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