Trump Lists Michael Cohen Payment on Financial Disclosure

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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.

The Office of Government Ethics "has concluded that, based on the information provided as a note to part 8, the payment made to Mr. Cohen is required to be reported as a liability", the agency's acting director David Apol said in a letter to Deputy Attorney General Rod Rosenstein. "The category of value would be $100,001 to $250,000 and the interest rate would be zero".

Trump's representatives insisted in the document that revealing the payments made to Cohen was not necessary by law, instead saying they were listing them "in the interest of transparency".

"The president was very clear on this, he said on Twitter he paid Michael Cohen a monthly retainer - that's not unusual for celebrities, people of power, businessmen to sign non-disclosures with people who are accusing them of things they haven't done", McEnany said, before quickly trying to change the topic.

Karthik (41*) guides his team to a 6 wicket victory
KKR's attack is not the same as it was under Wasim Akram, especially after the injuries they have suffered all season. Rajasthan Royals and Kings XI Punjab are fighting very strongly in the ongoing season of Indian Premier League .

Trump submitted the document on Tuesday, the deadline for administration employees to file their financial documents. It says Trump "fully reimbursed Mr. Cohen in 2017".

Cohen has admitted to having paid $130,000 to the adult film actress, Stephanie Clifford ― also known as Stormy Daniels ― after she went public about an affair that she claims to have had with Trump.

The disclosure shows Trump had at least $511 million in income in 2017, according to Bloomberg.

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