Trump financial disclosure could reveal porn star payoff

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

A law enforcement official came forward as the person who leaked Michael Cohen's financial information last week

President Donald Trump's disclosure that he "reimbursed" personal attorney Michael Cohen for as much as $250,000 past year comes in a footnote to his financial disclosure report.

"In 2016 expenses were incurred by one of Donald J Trump's attorneys, Michael Cohen", Mr Trump reported in a footnote to the report. The money was meant to keep her from discussing an alleged extramarital affair with Trump prior to the 2016 election.

Rudy Giuliani, who recently became the Republican president's new personal attorney, has said Trump reimbursed Cohen for the original, $130,000 payment, which was made shortly before Trump's victory in the November 8, 2016 presidential election.

The disclosure forms that he's required to submit to the ethics office provide a more limited view of his finances.

Trump had previously disputed whether he was aware of the payment by Cohen and if he reimbursed his attorney. According to earlier reports, Essential Consultants reached out to Novartis in February 2017, promising senior officials access to President Trump if they contracted with their company. His disclosure now suggests Trump repaid Cohen past year.

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That would include Liverpool , Manchester United , Real Madrid, Barcelona, AC Milan , Bayern Munich, Ajax and Inter Milan. They could be joined by Atletico Madrid , Borussia Dortmund, Paris Saint-Germain and Portuguese pair Porto and Benfica.

Trump's disclosure, which includes all of 2017 and part of 2018, is being closely watched to see whether it will disclose the $130,000 paid to porn star Stormy Daniels on his behalf by his attorney Michael Cohen.

USA president Donald Trump has valued his golf course in Doonbeg, Co Clare at between $25 million and $50 million (€21.18 million-€42.36 million), according to a financial disclosures form published on Wednesday. The report says Trump did not have to disclose the payment but is doing so "in the interest of transparency".

The payment has been central to complaints filed by watchdog groups alleging that Trump, his campaign and Cohen violated campaign finance laws when Daniels was paid shortly before the election and then further broke the law when the payment was not disclosed in previous filings.

The ethics office is a government watchdog that provides oversight of the executive branch programme created to prevent and resolve conflicts of interest. Mr Trump bought the five-star Doonbeg resort in 2014, reportedly for €9 million.

Trump's attorney Rudy Giuliani disclosed recently that Trump reimbursed Cohen for the payment to Daniels, whose real name is Stephanie Clifford.

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