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Stormy Daniels: Trump discloses payment to reimburse lawyer

Stormy Daniels: Trump discloses payment to reimburse lawyer

President Donald Trump reported that he reimbursed personal attorney Michael Cohen for costs apparently incurred in paying adult film star Stormy Daniels for a non-disclosure agreement, according to a federally required annual financial disclosure form released by the Office of Government Ethics Wednesday.

During an interview on MSNBC's "Morning Joe", attorney Michael Avenatti said he is in talks with two women who allege they have agreements with either Trump or his personal lawyer, Michael Cohen, to stay quiet about an affair with the president.

But the ethics office concluded that "the information related to the payment made by Cohen is required to be reported and that the information provided meets the disclosure requirement for a reportable liability".

Trump repaid Michel Cohen for "expenses" ranging from $100,001 to $250,000.

The US Office of Government Ethics even disclosed that Trump and Cohen's payments were inconsistent. "The payment to Ms. Clifford was lawful, and was not a campaign contribution or a campaign expenditure by anyone". Mr Trump's lawyer said his client "vehemently denies" the claim.

Trump had previously disputed whether he was aware of the payment by Cohen and whether he reimbursed him.

"It is good that in the face of overwhelming evidence and public pressure, the president came clean about this liability on this year's form", said CREW's Noah Bookbinder.

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Cohen's attorney, Steve Ryan, refused to discuss the $500,000 deposit when requested to do so by The Atlantic, but insisted it "wasn't a payment".

However, the US US Office of Government Ethics did not elaborate on the goal or the recipient of the payment.

Sater told Yahoo News he provided the texts to investigators voluntarily and without a subpoena. "Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017". In a letter to Deputy Attorney General Rod Rosenstein, Apol said the disclosure may be relevant to an investigation into the financial disclosure report Trump filed past year, which did not disclose the no-interest loan. Reporter: Then why did Michael Cohen make those if there was no truth to her allegations?

Trump's previous report, covering January 2016 through the first few months of 2017, showed he had at least $1.4 billion in assets and at least $594 million in income.

The move comes five days after AT&T said its chief lobbyist was leaving the company after overseeing a $50,000-per-month contract for Cohen to serve as a consultant for a year.

President Trump has insisted no campaign money was used to reimburse Mr Cohen.





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