Trump financial disclosure could reveal porn star payoff

Ronan Farrow reveals to Rachel Maddow how he was able to obtain Michael Cohen's confidential financial records

Ronan Farrow reveals to Rachel Maddow how he was able to obtain Michael Cohen's confidential financial records

Press coverage says the disclosure is an apparent reference to a reimbursement for Cohen's $130,000 payment to Stormy Daniels as part of a hush money agreement.

Felix Ehrat, the top lawyer at Swiss pharmaceutical company Novartis, has made a decision to step down from his role over the drugmaker's $1.2 million payment to President Donald Trump's personal lawyer Michael Cohen for healthcare policy lobbying services.

No mention was made of a $130,000 paid to porn star Stormy Daniels to keep her quiet about an alleged affair.

Trump's latest form said the reimbursement was being reported "in the interest of transparency", though it did not have to be disclosed as a reportable liability.


"Today, the President filed his annual financial disclosure report with OGE and it is now under review", a tweet from the ethics office said. "The category of value would be $100,001 to $250,000 and the interest rate would be zero". "Leaves DOJ no choice but to open at least a preliminary investigation into Trump for false statements (if he wasn't already a subject in the Cohen inquiry, which he might be)". Giuliani indicated in an interview earlier this month that Trump reimbursed Cohen in installments.

The Office of Government Ethics released Trump's disclosure form on Wednesday. The disclosure was not included in Trump's 2017 filing. A year ago it took the agency about two days to make Trump's disclosure form public after it was submitted.

Ethics experts say that if that money isn't disclosed, Trump could be in violation of ethics laws for failing to disclose a reportable item, a violation for which others have been prosecuted.

Last year's disclosure revealed that Trump's total income from January 2016 through January 2017 was somewhere between $600 million and $650 million.

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