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

Trump repaid attorney Cohen for 2016 payment made on his behalf- ethics disclosure

On Wednesday, he told CNN that the financial disclosure form Trump's required to send to the Office of Government Ethics was the reason he went public with the news. "We've gotten assurances that we're not involved in it", Giuliani told "The Ingraham Angle" on Fox News.

The deputy attorney general is overseeing the Department of Justice investigation into whether Trump aides colluded with alleged Russian meddling in the 2016 United States presidential election.

The scandal engulfing Cohen has opened a new front in the legal challenges dogging Trump, grabbing headlines from Special Counsel Robert Mueller's ominous investigation into possible collusion between the president's 2016 campaign and Russian Federation. The president denies the affair, and initially denied all knowledge of the payment, which Cohen has acknowledged was meant to stop her from going public with the allegations.

While the disclosure didn't specify the objective of the payment, Cohen has said he paid $130,000 to Daniels in the weeks before the 2016 presidential election to keep her from going public about her allegations that she had sex with the married Trump in 2006. When news of the $130,000 payment first broke, Michael D. Cohen did not deny it but said that he had not been reimbursed by either the president's company or campaign.

Later that week, the president said the newly hired Mr Giuliani needed time to "get his facts straight".

The US government's ethics watchdog on Wednesday referred President Donald Trump's apparent hush-money payment to a porn star to the Justice Department for possible investigation.

In a separate but related story, the Post reported Wednesday night that Federal Bureau of Investigation agents have questioned a translator Cohen worked with in connection with payments he received from the company Korea Aerospace Industries.




Ms Daniels' lawyer, Michael Avenatti, tweeted, "Mr Trump's disclosure today conclusively proves that the American people were deceived".

President Donald Trump has formally disclosed that he reimbursed his personal attorney more than $100,000 previous year, apparently in connection with the payment of hush money to a porn star, government records show. Dillon didn't immediately respond to a request for comment. The report estimated the holdings are worth at least $1.4 billion.

His Washington, DC, hotel near the Oval Office, a magnet for diplomats and lobbyists, took in $40 million. His Doral golf course and resort in Miami took in $75 million.

Mr. Trump's golf clubs also had substantial revenue: his golf club in Jupiter, Florida made $14 million, while Bedminster brought in $15 million.

The report also disclosed the income Trump collected from several of his marquee properties, including what he has described as the "Winter White House" in Palm Beach, Fla. "He had donated something close to $100 million, what's another $100,000?"

"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. Instead, he put his assets in a trust controlled by his two adult sons and a senior executive.

Though it was published three decades ago, his book The Art of The Deal past year generated as much as $1 million.

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