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Trump Acknowledges Paying Michael Cohen Six-Figures For 'Expenses Incurred'
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17 May 2018 05:29 AM EST

President Donald Trump acknowledged a six-figure repayment to his personal lawyer Michael Cohen for “expenses incurred” in 2016. The acknowledgement was made in a footnote in his latest personal financial disclosure released on Wednesday. Trump didn't disclose the payment last year in his personal financial disclosures to the Office of Government Ethics. The Ethics in Government Act requires the president to disclose any liabilities that total more than $10,000 that occurred in the previous year. In the weeks before the 2016 election, Cohen paid Stormy Daniels, whose real name is Stephanie Clifford, $130,000 through a shell company in exchange for her silence regarding an alleged affair between her and Trump.

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