Trump Paid More Than $100,000 To Cohen, Financial Disclosure Confirms

A reason for the payment was not specified in the financial disclosure, which has caused concern over its timing.

President Donald Trump reported having paid his personal attorney Michael Cohen more than $100,000 as a reimbursement for a payment made to a third party, documents released on Wednesday confirmed.

A reason for the payment to Cohen was not specified in the federally required financial disclosure that the Office of Government Ethics (OGE) released, The New York Times reported.

The disclosure notes that though Cohen made the payment in 2016, Trump didn’t fully reimburse him for it until 2017.

Cohen has admitted to having paid $130,000 in 2016 to adult film actress Stephanie Clifford, also known as Stormy Daniels, who has gone public about a 2006 affair that she claims to have had with Trump. The Wall Street Journal broke the news of the payment in January.

Details over that alleged affair and payments to Clifford have been far from clear.

Trump’s attorney, former New York City Mayor Rudy Giuliani, earlier this month told Fox News that Trump reimbursed Cohen $130,000 for the payment to Clifford before the 2016 presidential election. Giuliani’s statement contradicted Trump earlier having said that he had no knowledge about any payment made to Clifford through Cohen. 

Trump's personal lawyer Michael Cohen, seen left, has admitted to having paid $130,000 to the adult film actress.
Trump's personal lawyer Michael Cohen, seen left, has admitted to having paid $130,000 to the adult film actress.

Trump, one day after Giuliani’s statements, then acknowledged the payment to Cohen but said that it involved a nondisclosure agreement that was meant to “stop the false and extortionist accusations made by her about an affair ... despite already having signed a detailed letter admitting that there was no affair.”

Trump’s financial disclosure on Wednesday, which only covers the 2017 calendar year, immediately raised concern among government watchdog groups over its timing.

David J. Apol, the acting director of the OGE, sent a letter to U.S. Deputy Attorney General Rod Rosenstein on Wednesday. In the letter, he noted that Trump’s payment to Cohen “should have been reported as a liability on his public financial disclosure report” for the 2016 calendar year, which the president signed in June 2017.

The letter cites a previously requested investigation by the Citizens for Responsibility and Ethics in Washington (CREW) into whether “the failure to report it was knowing and willful.”

“OGE has determined that the information provided in that note meets the disclosure requirements for a reportable liability under the Ethics in Government Act,” Apol stated.

In a statement responding to Trump’s financial disclosure, Noah Bookbinder, CREW’s executive director, questioned how many other “similar payments” Trump has not disclosed.

“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, but we now have to wonder how many other liabilities for similar payments he has that he still has not disclosed because he has not been publicly called out on them,” Bookbinder said.

The exact figure specified in the financial disclosure is said to be between $100,000 and $250,000.

This story has been updated to include Bookbinder’s response.