Wednesday, 14 November, 2018

Michael Cohen Battles Stormy Daniels' Lawyer Over Published Banking Information

Novartis dumps general counsel over payments to Trump lawyer Trump's finance forms could reveal details about Stormy Daniels payment
Steve Townsend | 17 May, 2018, 00:11

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

Michael Cohen and Michael Avenatti, the lawyer who represents adult-film actress Stormy Daniels, are battling over whether Avenatti had the right to publish Cohen's alleged confidential banking information last week, ABC News reported Tuesday. The president has vehemently denied any such relationship took place.

Trump's acknowledgment of the payment came in his annual financial disclosure form, which was released by the Office of Government Ethics (OGE) this afternoon.

"In the interest of transparency", Trump's federal financial report revealed he paid Cohen "$100,001 - $250,000" for expenses his fixer incurred on behalf of Trump.

"Do you know where he got the money to make that payment?" a reporter asked at the time.

President Trump listens during a meeting with Uzbek President Shavkat Mirziyoyev in the Oval Office Wednesday.

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AT&T, which has acknowledged paying some $600,000 to Cohen and was also named by Daniels' lawyer, has also said it was a "big mistake" and a "serious misjudgement" to hire Trump's lawyer, even as it maintained its actions were legal.

Giuliuani, speaking to Fox News' Sean Hannity - himself one of Cohen's clients - was trying to head off claims that Cohen was repaid using the president's campaign money, which could constitute a campaign finance violation. For instance, it showed that Trump received more than $25 million in income in 2017 from Mar-a-Lago, his private club in Palm Beach, Florida, and more than $15 million in income from his golf club in Bedminster, New Jersey.

Trump's income from the Trump International Hotel in Washington, which has come under scrutiny for being a top choice for foreign dignitaries, almost doubled, from about $20 million in the 2016 report to just over $40 million a year ago. Daniels says she had an affair with the president.

In a letter to deputy attorney general Rod Rosenstein, the acting director of the Office of Government Ethics, David Apol, said the payment should have been reported as a liability.

The ethics disclosure draws a clearer connection between Trump and Cohen and further underlines inconsistencies in descriptions provided by Trump and aides about the payments. Under ethics rules, officials report the value of their assets and the amount of their income in broad ranges.

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