Rudy Giuliani: Trump’s financial disclosure ‘vindicates our position’ on the Michael Cohen-Stormy Daniels payment

Rudy Giuliani: Trump’s financial disclosure ‘vindicates our position’ on the Michael Cohen-Stormy Daniels payment

Rudy Giuliani
Rudy Giuliani.
Katopodis/Getty Images

  • Rudy Giuliani says there is no discrepancy between his
    past statements and President Donald Trump’s financial
    disclosure, which was released Wednesday.
  • $130,000 was “the specific amount that I said,”
    Giuliani told Business Insider of the reimbursement to Trump’s
    longtime lawyer Michael Cohen.
  • Cohen facilitated a $130,000 payment to porn star
    Stormy Daniels.
  • Trump listed the reimbursement to Cohen in his
    financial disclosure report.
  • Giuliani says the inclusion “vindicates” their

President Donald Trump’s attorney, Rudy Giuliani, told Business
Insider that new information about the president’s reimbursement
of longtime lawyer Michael Cohen does not undercut his previous
statements on the issue.

In his 2018 financial disclosure report, Trump
revealed that he reimbursed Cohen after his $130,000 payment to
the adult-film actress Stormy Daniels, which Cohen had
facilitated just before the 2016 presidential election. Daniels
said she had an affair with Trump in 2006, and Cohen made the
payment to keep her from discussing that in the press. She is now
suing Cohen.

The disclosure form, released Wednesday, says the payment’s value
was between $100,001-$250,000.

But some legal and ethics experts saw a discrepancy with
Giuliani’s past statements.

Giuliani told The New York Times that
Trump had paid Cohen about $460,000 or $470,000 in 2017 through a
monthly retainer of $35,000, which he said included “incidental
expenses.” The comment does provide some room for the $130,000 to
be a part of that larger sum.

In an earlier interview with Fox News host
Sean Hannity, however, Giuliani had said that Cohen was doing “no
work for the president.” He said the retainer was how he was
being repaid for the Daniels expense “with a little profit and a
little margin for paying taxes for Michael.”

Giuliani: The disclosure ‘vindicates our position’

In an interview with Business Insider, Giuliani said $130,000 was
“the specific amount that I said.”

“And I also said it was reimbursed,” he continued. “So I think it
vindicates our position.”

Donald Trump
Donald Trump.
Douliery-Pool/Getty Images

The Office of Government Ethics disagreed with Trump’s assessment
on the form that the payment was not required to be disclosed and
instead should have been reported on Trump’s 2017 filing.

“OGE 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,” the agency wrote.

David Apol, the director of the OGE, sent a letter to
Deputy Attorney General Rod Rosenstein, saying he “may find the
disclosure relevant to any inquiry you may be pursuing regarding
the President’s prior report that was signed on June 14, 2017.”

“This is tantamount to a criminal
referral,” said Walter Shaub, the former
director of the OGE under Trump who has since become one of his
chief critics. “OGE has effectively reported the president to DOJ
for potentially committing a crime.”

Giuliani said he takes issue with whether the payment “even had
to be disclosed” at all.

“I don’t think he’s right,” Giuliani said of Apol. “I think it is
an expenditure that was reimbursed. Not a liability. I don’t
think the form calls for expenditures. And then second, it
would’ve given a false impression that” Trump knew about the
reimbursement if it was disclosed “back in 2017. He didn’t know
about it.”

Shaub tweeted that
Giuliani “may have lied” when he said Trump paid Cohen as much as
$460,000 through the retainer.

“In turn, that means that Trump committed a crime if the omission
was ‘knowing and willful,” Shaub wrote. “Trump may be wondering
today whether the information DOJ seized from Cohen’s office
included any emails or other documents showing he knew of the
debt when he filed last year’s report.”

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