Trump Lists Michael Cohen Payment on Financial Disclosure

The form Trump filed with the Office of Government Ethics a year ago, which was 98 pages long, contained no mention of the Daniels payment.

Cohen made a $130,000 payment to porn star Stormy Daniels, whose real name is Stephanie Clifford, shortly before the November 8, 2016, presidential election in exchange for her staying silent about an alleged affair she had with Trump.

The ethics office, however, said it has concluded "that the information related to the payment made by Mr. Cohen is required to be reported and that the information provided meets the disclosure requirement for a reportable liability". The report says Trump did not have to disclose the payment but is doing so "in the interest of transparency". "The category of value would be $100,001-$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)".

Trump's latest disclosure filing said Cohen incurred the expense in 2016 and that Cohen "sought reimbursement" in 2017. According to earlier reports, Essential Consultants reached out to Novartis in February 2017, promising senior officials access to President Trump if they contracted with their company.

President Donald Trump has submitted his annual financial disclosure to the U.S. Office of Government Ethics and it's expected to be made public in the coming days. Apol's letter was released with the Trump disclosures.

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.

Citizens for Responsibility and Ethics in Washington has contended that Trump should have reported the reimbursement previous year.

(Copyright © 2015. All Rights Reserved.)
 
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