Trump Discloses Cohen Payment, Raising Questions About Previous Omission - News Summed Up

Trump Discloses Cohen Payment, Raising Questions About Previous Omission


President Trump’s financial disclosure, released on Wednesday, included for the first time repayment of more than $100,000 to his personal lawyer, Michael D. Cohen, in 2017, raising questions about whether Mr. Trump’s sworn filing from a year ago improperly omitted the debt. In a highly unusual letter, the Office of Government Ethics alerted the Justice Department on Wednesday to the omission, telling Rod J. Rosenstein, the deputy attorney general, that the ethics office had determined “the payment made by Mr. Cohen is required to be reported as a liability.”Mr. Trump’s financial disclosure, released by the Office of Government Ethics, did not specify the purpose of the payment. However, Mr. Cohen has paid $130,000 to a pornographic film actress, Stephanie Clifford, who has said she had an affair with Mr. Trump. Mr. Cohen has said he made the payment shortly before the 2016 election as hush money for Ms. Clifford, who goes by the stage name Stormy Daniels. Mr. Trump repaid Mr. Cohen $100,001 to $250,000 in 2017, according to a footnote in the filing.


Source: New York Times May 16, 2018 17:18 UTC



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