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.
Rudy Giuliani, who recently began providing legal representation for Trump, said in a Fox News interview earlier this month that Trump reimbursed Cohen.
Felix Ehrat, the top lawyer at Swiss pharmaceutical company Novartis, has made a decision to step down from his role over the drugmaker's $1.2 million payment to President Donald Trump's personal lawyer Michael Cohen for healthcare policy lobbying services.
"In the interest of transparency, while not required to be disclosed as "reportable liabilities".in 2016 expenses were incurred by one of Donald J. Trump's attorneys, Michael Cohen", a note at the bottom of Page 45 of the 92-page report states.
This is a developing story. "Mr Cohen sought reimbursement of those expenses and Mr Trump fully reimbursed Mr Cohen in 2017".
The form Trump filed with the Office of Government Ethics past year, which was 98 pages long, contained no mention of the Daniels payment. Apol's letter was released with the Trump disclosures. The disclosure was not included in Trump's 2017 filing.
The report 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 family.
Cohen has publicly acknowledged paying Daniels, saying he obtained the cash through a line of credit on his home.
The Mar-a-Lago resort, where the president frequently escapes for winter weekends, collected more than $25 million last year, down from $37 million from last year's report.
Trump's disclosure will also be the first extended look at how his businesses have performed since he became president in January 2017.
Trump has been secretive about his personal finances.
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