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Footnote in Trump report lists Cohen payment

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

President Trump's financial disclosure, released Wednesday, revealed for the first time that he paid more than $100,000 to his personal attorney, Michael Cohen, as reimbursement for payment to a third party.

Cohen has said that days before the November 2016 presidential elections, he had paid United States dollars 130,000 to Daniels for her not to go public about her intimate relationship with Trump.

But Cohen has acknowledged paying Daniels, whose real name is Stephanie Clifford, in a transaction meant to buy her silence about an alleged 2006 sexual encounter between her and Trump.

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".

Trump's disclosure of the repaid debt to Cohen did little to clear up confusion about the total size of the reimbursements.

In a footnote in tiny type on Page 45 of his 92-page disclosure, Mr Trump said he reimbursed his lawyer for "expenses" ranging from $100,001 to $250,000.

David Apol, the acting director of the ethics office, said in a letter to Deputy Attorney General Rod Rosenstein that the original payment made by Cohen should have been disclosed in ethics documents that Trump filed in June 2017. But then Mr. Trump said Giuliani was new to the team and would "get his facts straight". The "law-enforcement official" said they decided to make that document public because it appeared two similar reports were missing from a government database, and they feared they were being hidden from law enforcement. 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.

That letter was written in response to a complaint from a watchdog organization, Citizens for Responsibility and Ethics in Washington, which said that Trump should have reported the payments to Cohen in last year's disclosures. The White House did not respond to requests for comment to clarify the reason for Trump's payment to Cohen. "These aren't people, these are animals, and we're taking them out of the country at a level and at a rate that's never happened before".

Details of Mr. Trump's disclosure report from a year ago.

Other properties have not fared as well, including Trump National Doral, a golf resort near Miami, which is Trump's biggest cash flow generator. The report estimated the holdings are worth at least $1.4 billion. That previous filing, Trump's first as president, covered a 16-month period, making the two numbers roughly comparable.

The figures are before expenses and so give no indication of how much profit the president made off the properties. Mr. Trump also owes Ladder Capital at least $110 million.

President Donald Trump has formally disclosed that he reimbursed his personal attorney more than $100,000 a year ago, apparently in connection with the payment of hush money to a porn star, government records show.

When Trump took office, he refused to fully divest from his global business, another break with presidential tradition. But the president retains ownership of those businesses, through a trust, and can take money out of them at any time. Mr. Trump is also still picking up a Screen Actors Guild pension of almost $65,000 from his years as a reality TV host and sometime bit player in movies.