Stormy Daniels: Trump Discloses Payment To Reimburse Cohen

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President Donald Trump reported having paid his personal attorney Michael Cohen more than $100,000 as a reimbursement for a payment made to a third party, documents released on Wednesday confirmed.

It will soon be revealed that Stormy Daniels was not alone in alleging an affair with President Donald Trump and signing a non-disclosure agreement with Michael Cohen to cover it up, the adult film star's lawyer said Thursday.

The disclosure underscored the inconsistency of explanations by Trump and aides about a $130,000 payment made by Cohen to Daniels before the 2016 presidential election to buy her silence over an alleged sexual encounter with Trump in 2006.

The President's newest lawyer Rudy Giuliani says the payment was made out of an abundance of caution and that the president disclosed all he could. "It appears that these funds may have replenished the account following the payment to Ms. Clifford", read a summary of findings from Avenatti and Associates.

If the revelations are forthcoming, it would only add to the problems facing Trump and his personal attorney Cohen.

"I don't think I ever changed that", Giuliani told Ingraham, before revealing that a day shy of his one month anniversary on Trump's legal team, he still doesn't have his facts straight.

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Novartis has faced public outrage in recent weeks over its payment to Essential Consultants, a company founded by Mr. Cohen in 2016. Dillon didn't immediately respond to a request for comment.

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 previous year.

Ethics disclosures are an annual requirement for senior federal officials and are overseen by the ethics office, a government office that provides oversight of an executive branch program to prevent and resolve conflicts of interest. "The category of value would be Dollars 100,001-USD 250,000 and the interest rate would be zero", it said, noting that the president is doing so in the interest of transparency, even as he is not required by law.

Mr Cohen, whose records relating to the settlement were seized in an FBI raid last month, is now reportedly under criminal investigation.

The letter constitutes a referral by the ethics office of a possible false financial filing. He also said Trump paid Cohen far more than $130,000 - Cohen received around $460,000 or $470,000, Giuliani said, which included "incidental expenses" that Cohen had incurred on Trump's behalf.

It said the payments continued because the contract could not have been terminated.