Trump Lists Michael Cohen Payment on Financial Disclosure

Felix Ehrat

On Wednesday the director of the ethics office, David Apsol, said that Trump should have reported the payment to Cohen past year.

The document filed by President Trump states that he disclosed the payment "in the interest of transparency" and not because he was required to do so.

The disclosure form said that Trump has about $1.5 billion in assets.

However, the payment was not revealed in that filing.

Trump has denied the affair with Daniels, who has claimed having "consensual" sex with him in July 2006, or any knowledge of the payment that Cohen made to the her days before the 2016 election.

Walter Shaub, the former Director of the Office of Government Ethics, went even further than Miller. Avenatti's argument is that because Trump was not involved in the 2016 arrangement that makes it not valid, and he has been on a media tour in the past few months, criticizing the Trump administration. In April, Trump told reporters he did not know anything about the payment. But campaign finance law treats personal loans as contributions and the $5,400 limit would have applied.

Trump's 2018 report - filed Tuesday and made public Wednesday - also provides insight into the president's still-vast real estate empire, which Trump continues to own while the day-to-day management is handled by his family.

Ms Daniels claims of hush money were originally denied by Mr Trump.

Mr Apol's letter was released with the Trump disclosures.

"Leaves DOJ no choice but to open at least a preliminary investigation into Trump for false statements (if he wasn't already a subject in the Cohen inquiry, which he might be)". 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. Among his holdings, he took in $25m from his Mar-a-Lago resort in Florida.

More news: US Identifies Suspect in Leak of CIA Hacking Tools

Though it was published three decades ago, Mr Trump's The Art Of The Deal past year generated as much as one million dollars (£737,000).

Trump acquired the resort in 2014 for around €8.7 million. It reported revenue of $74.8 million. In all, Trump's vast array of assets - hotels, resorts, books, licensing deals and other business ventures - generated revenue previous year of at least $453 million.

Mr Trump owes Deutsch Bank as much as 175 million dollars (£129m).

Though it was published three decades ago, Trump's "The Art of The Deal" past year generated as much as $1 million.

What do you think of Trump's disclosure form?

Individual performance aside, there are broader signs that the business is retreating somewhat during the first part of Trump's presidency.

The company's new CEO, Vas Narasimhan has said in a conference call with company managers on Monday that Novartis needed to rebuild trust with the public, according to Bloomberg. His company has watched its pipeline of deals ebb and flow.

Overshadows Trump foreign policy moves.

Trump spends time and vacations at both clubs.

Faced with these challenges, the company has made a decision to focus primarily on its existing properties, which consist of 16 golf courses, a winery, seven stand-alone hotels, Mar-a-Lago and a portfolio of commercial and residential real estate properties.

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