Finance

Trump wants to return to the investigation of the correspondence of Clinton

Trump wants to return to the investigation of the correspondence of Clinton

Vanity Fair and The Wall Street Journal, citing anonymous sources, were first to report the development involving David Pecker, chief executive of the tabloid's publisher American Media and a friend of the president.

Weisselberg was one of the executives who helped arrange $420,000 in payments to President Trump's longtime attorney Michael Cohen to help reimburse him for money he paid to Stormy Daniels, prosecutors have said.

Trump's base will remain faithful to him to the bitter end, but the people who really matter are turning against him, and it doesn't bode well for his political survival.

That's a critical assertion because it makes the payments subject to campaign finance laws, which restrict how much people can donate to a campaign and bar corporations from making direct contributions.

The greatest threat to President Trump is not the investigation by special counsel Robert Mueller but other probes by US prosecutors in NY, said Alan Dershowitz, a Harvard Law School professor emeritus.

Significantly, the 35-page dossier - the basis for the Obama administration obtaining a warrant to spy on the Trump campaign - claimed Cohen was a central figure in a "clandestine" conspiracy of collusion between the Trump campaign and Russian government.

The response sparked new speculation that Trump might fire Sessions, although some senior Republican lawmakers offered the attorney general support.

Weisselberg did not know what $130,000 was for, according to one person familiar with the situation, and approved it because of Cohen's longstanding role as counsel to Donald Trump.

It's late August, a time when the news cycle traditionally slows down and television airs a good number of repeat broadcasts.

US President Donald Trump should be more anxious about prosecutors in NY than about the ongoing Russian Federation probe led by Special Counsel Robert Mueller, retired Harvard Law School professor Alan Dershowitz said. Guy Petrillo, an attorney for Cohen, did not respond to a request for comment. He has denied the affair. The tape was seized during the FBI's April raid on Cohen's residence and office, and was released to the media by Cohen's attorney Lanny Davis. Cohen has indicated he may cooperate with that inquiry. "This is Michael Cohen not filing taxes". He said recently he knew about payments "later on". Trump lawyer Rudy Giuliani said in May this was part of "a long-standing agreement that Michael Cohen takes care of situations like this, then gets paid for them sometimes".

Second, Trump can cure the injustice stemming from the one-sided probe by declassifying documents the Justice Department is hiding from Congress and the public.

Cohen, who was charged in the federal case with eight counts, including five tax fraud charges, pleaded guilty in Manhattan federal court Tuesday.