Trump admits debt to Cohen for Stormy Daniels payoff

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

Trump's lawyer Rudy Giuliani has characterized the repayment as taken from funds paid as a retainer for Cohen's legal services that didn't have to be listed as a debt, according to the BuzzFeed story.

The disclosure did not specify what the reimbursement was for, and gave just a range: $101,000-$250,000.

The White House confirmed that Trump and Vice President Mike Pence filed their financial disclosures Tuesday, along with the reports of some 25,000 senior executive branch officials, but declined to comment further. In the letter, the head of the OGE, David Apol, reiterates that his office has concluded the debt to Cohen was "required to be reported". In other words, OGE has determined that Cohen's payment should have been reported past year.

"It is good that in the face of overwhelming evidence and public pressure, the president came clean about this liability on this year's form", said CREW's Noah Bookbinder.

Trump's representatives said in the document that revealing the payments made to Cohen was not necessary by law, instead saying they were listing them "in the interest of transparency". "You'll have to ask Michael Cohen". He also said that nearly all the information he made public was accurate. "He previously denied any knowledge of the agreement or the payment - and did so aboard Air Force One on video".

The 92-page report lists Mr. Trump's more than 200 property holdings, including Trump Tower in NY and his private Mar-a-Lago resort in Palm Beach, Florida, valued at more than $50 million. It indicates that his Washington hotel, a popular spot for lobbyists and Republican aides and among one of his most successful properties, had revenues of over $40 million in 2017.

The personal financial disclosure report, which is required of top government officials, offers an insight into the United States president's vast property and business network.

Personal gifts disclosed by Trump include golf-related items from two professional golfers: a golf bag and clubs worth $1,150 from Kevin Streelman and $750 clubs from Bryson Dechambeau.

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