Michael Cohen Admits Paying Stormy Daniels from His Own Pocket

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The legal battle involving former President Donald Trump persists as he appears before a New York City jury today.

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The defense portrays the case as part of a politically motivated campaign by Democrats and the Biden administration, with no specific criminal charges clearly outlined against Mr. Trump.

Testimony during today’s court session included statements from Michael Cohen, a former attorney and close associate of Trump who has served time in prison in connection to previous legal disputes involving the former president.

In October 2016, Cohen informed the court that he obtained a home equity line of credit to transfer $130,000 to Daniels as part of a non-disclosure agreement (NDA) regarding her purported affair with Trump in 2006, an assertion Trump has continuously refuted.

Cohen emphasized that this action was crucial in averting what he deemed as potentially disastrous consequences for Trump’s campaign, as per Fox News.

Weisselberg, the former CFO of the Trump Organization, was reportedly involved in discussions about financing the payment but hesitated initially to release the funds.

“I ultimately said, ‘OK, I’ll pay it,’” Cohen told the court, claiming that Weisselberg reassured him he would be reimbursed.

Cohen emphasized that his wife was unaware of these financial maneuvers due to her role in managing their household finances. He feared her reaction if such a large sum suddenly disappeared from their joint account.

According to Cohen’s testimony, both he and Weisselberg informed Trump that Cohen would use personal funds for the payment. Trump’s alleged response was “good, good.”

“I was doing everything that I could and more to protect my boss,” Cohen said. He insisted that he would not have made such a payment without Trump’s approval and expected reimbursement.

In his testimony, Cohen confessed to deceiving First Republic Bank by opening a bank account under the guise of “management consulting” in order to transfer funds to Daniels, as he believed the bank would not approve if they knew the true purpose.

On October 27, 2016, Cohen transferred the funds to Daniels’ attorney Keith Davidson, falsely labeling it as a “retainer.”

In a resurfaced 2018 letter from Michael Cohen’s lawyers, it was acknowledged that Trump was unaware of the Stormy Daniels payment transaction.

Additionally, a 2018…

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