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Trump “fully reimbursed” Michael Cohen after Stormy Daniels payment, disclosure says

Three months after the news broke that Donald Trump’s personal attorney paid off a porn star a few weeks before the 2016 election, the president has finally settled on an explanation: He “fully reimbursed” Michael Cohen in 2017, according to his new financial disclosure released Wednesday.

“In the interest of transparency, while not required to be disclosed as ‘reportable liabilities’ on Part 8, in 2016 expenses were incurred by one of Donald J. Trump’s attorneys, Michael Cohen. Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017. The category of value would be $100,001 — $250,000 and the interest rate would be zero,” the note reads.

(The Office of Government Ethics, for what it’s worth, disagrees, asserting the payment was required to be disclosed.)

The president’s annual disclosure form doesn’t specify what Cohen’s expenses included, and the information was appended as a brief footnote on the 45th page of the document.

Read: Here’s why motive in the Stormy Daniels payment matters

Three months after the news broke that Donald Trump’s personal attorney paid off a porn star a few weeks before the 2016 election, the president has finally settled on an explanation: He “fully reimbursed” Michael Cohen in 2017, according to his new financial disclosure released Wednesday.

“In the interest of transparency, while not required to be disclosed as ‘reportable liabilities’ on Part 8, in 2016 expenses were incurred by one of Donald J. Trump’s attorneys, Michael Cohen. Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017. The category of value would be $100,001 — $250,000 and the interest rate would be zero,” the note reads.

(The Office of Government Ethics, for what it’s worth, disagrees, asserting the payment was required to be disclosed.)

The president’s annual disclosure form doesn’t specify what Cohen’s expenses included, and the information was appended as a brief footnote on the 45th page of the document.

Read: Here’s why motive in the Stormy Daniels payment matters

But the reimbursement almost certainly refers to the $130,000 in hush money that Cohen paid to the adult film star Stormy Daniels to ensure she’d keep quiet about an alleged affair she had with Trump in 2006. Contradicting earlier claims, Trump’s legal team now admits the president reimbursed Cohen for the payment.

Daniels’ attorney even celebrated with his usual hashtag.

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