Trump Properly Discloses Payment to Michael Cohen

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Ingraham played a clip of Avenatti's response to the revelation that President Donald Trump did indeed reimburse his personal lawyer, Michael Cohen, for the payment he made to Daniels.

The payment by Cohen to actress Stormy Daniels was made in the last weeks before the 2016 presidential election, as part of a non-disclosure agreement meant to ensure Daniels would not speak about the alleged affair publicly.

Stormy Daniels' lawyer Michael Avenatti has appeared across headlines over his case against President Trump's "hush money", but now it appears that the attorney has caught a case of his own.

After a string of media appearances earlier this month that created more problems for the president than they solved, Rudy Giuliani made his return to the Trump-friendly programming of Fox News on Wednesday night.

Trump has previously denied knowing about that payment or reimbursing Cohen.

In a footnote in tiny type on Page 45 of his 92-page disclosure, Trump said he reimbursed Cohen for "expenses" ranging from $100,001 to $250,000.

"In 2016, expenses were incurred by one of Donald J. Trump's attorneys, Michael Cohen", read a footnote on the form, which was released by the Office of Government Ethics.

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The leaker says he knows the consequences of his actions, but that they could not ignore the potential corruption of the FINCEN system.

Forbes stated that Trump's financial disclosure was submitted on Wednesday and that it lists a debt to Cohen, something that was omitted the year before.

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.

"Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017", it said.

The newly-released financial documents also offered a glimpse of the performance of two of Trump's flagship hotels: the Trump International Hotel in Washington - which has attracted crowds of lobbyists, lawmakers and foreign governments with business before the federal government, and Trump's Mar-a-Lago resort in Florida, dubbed the "Winter White House". The report estimated the holdings are worth at least $1.4 billion (€1.84 bn). That previous filing, Trump's first as president, covered a 16-month period, making the two numbers roughly comparable. A large share of that debt stems from Deutsche Bank loans to Trump National Doral.

Since he took office, Trump's name has been erased from three of his family company's prized properties. But the president retains ownership of those businesses, through a trust, and can take money out of them at any time.

"That's why I came forward", the source told The New Yorker. The document revealed that Cohen was paid by the pharmaceutical company Novartis, the telecommunications giant A.T. & T., and an investment firm with ties to the Russian oligarch Viktor Vekselberg.