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Trump financial disclosure shows reimbursement to Michael Cohen

Wednesday, May 16, 2018

WASHINGTON (AP) — President Donald Trump's disclosure he "reimbursed" personal attorney Michael Cohen for as much as $250,000 last year comes in a footnote to his financial disclosure report.

No mention was made of a $130,000 paid to porn star Stormy Daniels to keep her quiet about an alleged affair. A footnote in tiny type on page 45 of the 92 page document says the president "fully reimbursed" Cohen for "expenses" ranging from $100,001 to $250,000. The report says Trump did not have to disclose the payment but is doing so "in the interest of transparency."

The footnote appears in a report giving the first extended look at Trump's income from his properties since he became president. Among his holdings, he took in $25 million from his Mar-a-Lago resort in Florida.

1:48 p.m.

NEW YORK (AP) — Trump financial disclosure lists reimbursement to attorney Michael Cohen, who paid hush money to Stormy Daniels.

This is a breaking news story. Check for updates.