Trump's finance chief Allen Weisselberg is granted immunity from prosecution

27 August, 2018, 01:43 | Author: Elaine Woods
  • Trump claims markets would crash if he was impeached

Court papers in the Cohen case say Pecker "offered to help deal with negative stories about (Trump's) relationships with women by, among other things, assisting the campaign in identifying such stories so they could be purchased and their publication avoided".

Federal prosecutors in NY are investigating whether the Trump Organization was involved in campaign finance violations connected to former Trump lawyer Michael Cohen.

Cohen pleaded guilty on Tuesday to tax evasion, campaign finance violations and bank fraud.

It's late August, a time when the news cycle traditionally slows down and television airs a good number of repeat broadcasts. The Trump Organization did not immediately respond to a request for comment.

US President Donald Trump warned on Thursday (Aug 23) of a stock market crash if he were removed from office, playing his ace card - the economy - to stave off talk of impeachment.

Trump was not mentioned by name in United States District Court in Manhattan on Tuesday but Cohen told a judge the payments to the two women were "at the direction of the candidate, ' and 'for the principal goal of influencing the election" for president in 2016.

"This is the time he knows he's going to jail, and he feels liberated that he can finally speak his mind about his concerns about Donald Trump without a criminal lawyer telling him to "be quiet" because 'you'll upset the prosecutors, '" he said. But it is unclear whether the man they worked for, the president, will face any formal scrutiny or consequences.

"I will tell you what, if I ever got impeached, I think the market would crash, I think everybody would be very poor", Trump cautioned on "Fox and Friends", his favorite television news show.

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A person familiar with the Trump Organization said Cohen explained the $130,000 expense as a settlement "of a personal nature".

Trump's account has shifted.

Additional key players, including Trump's long-time CFO, Allen Weisselberg, and American Media head David J. Pecker, have also begun to cooperate with Mueller.

He said Trump directed him to arrange the payments.

Davis has strongly telegraphed that Cohen is willing to cooperate with Mueller's investigation.

According to prosecutors, Cohen sent an invoice to Executive 1, meaning Weisselberg, for "Payment for services rendered for the month of January and February, 2017", a payment that was really meant to reimburse Cohen for a payment to Stormy Daniels. But legal experts such as Alan Dershowitz argue campaign-finance law requires that intent be proved, and reasons for making the payments apart from the election can be cited.

The attacks from Trump have continued. "This is Michael Cohen not filing taxes".

The White House said it's up to Trump's outside lawyers to deal with much of the news.

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