Footnote in Trump report lists Cohen payment

Footnote in Trump report lists Cohen payment

President Donald Trump has submitted his annual financial disclosure to the U.S. Office of Government Ethics and it's expected to be made public in the coming days.

Trump's previous report, covering January 2016 through the first few months of 2017, showed he had at least $1.4 billion in assets and at least $594 million in income.

The document did not explicitly state what the payments were for.

It will also be scrutinized for any sign of the hush money payment made to Daniels.

The ethics office, however, said it has concluded "that the information related to the payment made by Mr. Cohen is required to be reported and that the information provided meets the disclosure requirement for a reportable liability". Giuliani indicated in an interview earlier this month that Trump reimbursed Cohen in installments. The money was meant to keep her from discussing an alleged extramarital affair with Trump prior to the 2016 election.

Footnote in Trump report lists Cohen payment

"Mr. Cohen, an attorney, received a monthly retainer, not from the campaign and having nothing to do with the campaign, from which he entered into, through reimbursement, a private contract between two parties, known as a non-disclosure agreement, or NDA", Trump wrote on Twitter, reversing an earlier statement that he was unaware of the payment.

Trump's disclosure includes all of 2017 and part of 2018.

"President Trump and Vice President Pence filed their financial disclosure forms with the Office of Government Ethics today, May 15", White House deputy press secretary Lindsay Walters said Tuesday.

The ethics office is a government watchdog that provides oversight of the executive branch programme created to prevent and resolve conflicts of interest.

"Fascinated by OGE's decision to make this referral public", he continued.

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