Trump says 'too bad' after Cohen audio recording released

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But the proximity of the payments to the election raise serious legal questions about use of campaign finances. Cohen is under criminal investigation by the United States attorney's office in Manhattan for his personal financial dealings, including the payment he made to porn actress Stormy Daniels on Trump's behalf before the election, though he has not been charged with any wrongdoing.

Lordy, there are tapes-along with a whole new wave of media questions about Donald Trump, his veracity, the break with his former lawyer, and his current lawyer saying "the president is not an idiot".

In the tape, Cohen said "we'll have to pay" to purchase the rights to McDougal's story.

The tape appears to contradict the Trump campaign's later claim that Trump knew nothing about payments to the model, Karen McDougal, made through a media company. While Davis said Trump was suggesting the two pay cash, Giuliani's version of the transcript says Trump is saying, "Don't pay with cash...check".

Government watchdog group Common Cause has said that the proposed payment benefited Trump's presidential election campaign and the failure to document it was potentially illegal.

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Mr Giuliani said the president says "don't pay with cash".

"What kind of lawyer would tape a client?"

During an interview on Fox News, Napolitano explained why the secretly recorded tape could be concerning for Trump and his associates. "One-fifty?" Trump asks. Cohen says yes. "If you wanted to hide something, you would not do it by corporation or cheque". "The recording. between Trump and Cohen. confirms the man who now occupies the Oval Office had contemporaneous knowledge of a proposal to buy the rights to the story of Karen McDougal, a woman who has alleged she had an extramarital affair with Trump", Stris tweeted. "The end result is, no payments were made, no cash was given, so this is a big deal about nothing", Dershowitz said. (AMI)-the parent company of the National Enquirer-for $150,000.

Trump's lawyer, Rudy Giuliani, later disclosed the president reimbursed Cohen through a monthly retainer, but had not learned of the deal with the porn actress until later. White House spokeswoman Sarah Sanders said this week "the president maintains he's done nothing wrong".

The tape doesn't prove McDougal's allegations of an affair and at no point in the recording does Trump acknowledge whether he had a sexual relationship with McDougal.

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Trump was outraged at the raid on Cohen in April, declaring on Twitter that "attorney client privilege is dead" on Twitter and calling the search "an attack on our country".

Mr Cohen told ABC News this month that his loyalty to his family and country came before his old boss.

Giuliani contested Davis's interpretation and released the Trump team's version of the transcript, which contradicts Davis.

Mr Cohen is reportedly under investigation for possible bank and tax fraud, as well as potential violation of election law, though he has so far not been charged with anything. Then there is Stormy Daniels, the adult entertainer who claims to have slept with Trump and then took $130,000 to keep quiet.

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