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Trump Disclosure Lists Debt To Michael Cohen, Who Paid Off Stormy Daniels

Trump Disclosure Lists Debt To Michael Cohen, Who Paid Off Stormy Daniels

Donald Trump released his annual financial disclosure Wednesday, providing key insight into the president’s assets and liabilities. His debts look largely the same as last year—with one glaring exception: Trump has now disclosed that he did indeed reimburse Michael Cohen, who paid off porn star Stormy Daniels. The admission, made in a footnote placed below Trump’s more traditional loans, reads: “In the interest of transparency, while not required to be disclosed as ‘reportable liabilities’ on Part 8, in 2016 expenses were incurred by one of Donald J. Trump’s attorneys, Michael Cohen. Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017. The category