Donald Trump says 'too bad' after Cohen audio recording released

Donald Trump says 'too bad' after Cohen audio recording released

Donald Trump says 'too bad' after Cohen audio recording released

"I need to open up a company for the transfer of all of that info regarding our friend David", Cohen said in the recording, likely a reference to American Media head David Pecker.

"What financing?" Trump asks, interrupting Cohen.

On the recording, Trump can be heard saying "pay with cash", to which Cohen replied, "No, no, no".

According to people familiar with the matter who spoke to the WSJ, the Federal Bureau of Investigation found that Cohen had intervened in a previously unreported dispute between Manigault-Newman and American Media Inc., the media company that paid a former Playboy model for her story on an alleged affair with Trump. The tabloid never published the story. McDougal finally sued to get out of the agreement so she could talk freely about the ordeal in April 2018.

Federal prosecutors in NY are investigating Mr Cohen for possible bank and tax fraud, and for possible campaign law violations linked to a $130,000 payment to adult film star Stormy Daniels and other matters related to Trump's campaign, a person familiar with the investigation has told Reuters.

Over the past couple of days, there have been some questions raised about why Giuliani hadn't been challenging the release of this recording between Trump and his then-lawyer Cohen on grounds that it is covered by attorney-client privilege.

"The only people who use cash are drug dealers and mobsters", Cohen's lawyer, Lanny Davis, said on CNN.

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Stormy Daniels' attorney Michael Avenatti urged Cohen again on Wednesday to immediately release "all" the tapes, other evidence in his possession and "come clean" about his conduct and that of the president.

Rudy Guilliani, one of President Trump's current lawyers, previously denied that any payment was ever made in relation to the McDougal story.

"Michael Cohen has made a turn", Davis told Axios on Wednesday.

Common Cause says the tape bolstered their argument that Trump knew about the payment and that it was potentially illegal.

Lawyers for the two men are disputing what was said.

Giuliani, meanwhile, argued on Fox News that Davis was wrong about what the audio showed and reiterated it showed "no indication" of a crime.

"Ultimately Michael Cohen seems to be a person who will be first and foremost concerned with protecting himself", Zelizer added.

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