BREAKING: Payment to Cohen listed in newly released Trump financial report

BY ANNETA GRIFFEE / MAY 16, 2018 /

GET the DML NEWS APP (FREE) Click Here

As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by NYTimes.com:

President Trump’s financial disclosure, released on Wednesday, revealed for the first time that he paid more than $100,000 to his personal attorney, Michael D. Cohen, as reimbursement for payment to a third-party.

The disclosure, released by the Office of Government Ethics, did not specify the purpose of the payment. However, Mr. Cohen has paid $130,000 to an adult film actress, Stephanie Clifford, who has claimed she had an affair with Mr. Trump.

The article goes on to state the following:

Mr. Cohen has said he made the payment to keep the actress, who goes by the stage name Stormy Daniels, from going public before the 2016 election with her story about an affair with Mr. Trump.

A footnote in the disclosure said that Mr. Cohen had requested reimbursement of the expenses incurred in 2016 and Mr. Trump had repaid it in full in 2017. It did not give an exact amount of the payment but said it was between $100,001 and $250,000.

Mr. Trump’s attorney, Rudolph W. Giuliani, had said previously that Mr. Cohen was paid $460,000 or $470,000 from Mr. Trump, which also included money for “incidental expenses” that he had incurred on Mr. Trump’s behalf.

A letter accompanying the report sent to Rod J. Rosenstein, the deputy attorney general, from the government ethics office’s acting director, David J. Apol, said that the Office of Government Ethics had determined “the payment made by Mr. Cohen is required to be reported as a liability.”

To weigh in on this information provided by NYTimes.com, engage in our LIVE CHAT below. Scroll down.



DML News offered you the above information as part of our ongoing effort to educate and inform people around the world. You can obtain additional information by visiting NYTimes.com