1/ The chief financial officer at the Trump Organization was given immunity by federal prosecutors in New York as part of their criminal investigation into hush-money payments to Stormy Daniels and Karen McDougal during the 2016 presidential campaign. Allen Weisselberg, who is identified in court filings as “Executive-1,� helped authorize $420,000 in reimbursements to Michael Cohen and was granted immunity last month in exchange for his grand jury testimony about his role in the payments. According to prosecutors, Cohen – then Trump’s attorney – sent an invoice to Weisselberg in January 2017 for “Payment for services rendered for the month of January and February, 2017,� which reflected Cohen’s $130,000 payment to Stormy Daniels in October 2016, as well as an additional $50,000 for “tech services.� Weisselberg directed another Trump Organization executive to “pay from the Trust� and to “post to legal expenses.� Executives at the Trump Organization “‘grossed up’ for tax purposes� the reimbursement, doubling the invoice to $360,000, adding a $60,000 bonus. After he was elected, Trump handed over control of his financial assets and business interests to Eric Trump, Trump Jr., and Weisselberg. (Wall Street Journal / NBC News / Washington Post)
2/ The Manhattan district attorney’s office is considering criminal charges against the Trump Organization and two senior company officials in connection with Cohen’s hush-money payment to Stormy Daniels. The state’s investigation would focus on whether the Trump Organization violated state tax law for listing Cohen’s reimbursement as a legal expense. Federal prosecutors have said the payments were based on “sham� legal invoices in connection with a nonexistent retainer agreement, and that Cohen did no legal work in connection with the matter. The New York State attorney general’s office is seeking a referral from the state Department of Taxation and Finance, which is needed to conduct the inquiry and to prosecute any violations of state tax law. Trump does not have the power to pardon people and corporate entities convicted of state crimes. (New York Times / Los Angeles Times / CNN)
Spiro Agnew’s lawyer: Trump should resign from office to keep federal prosecutors from prosecuting his family. “We already have everybody, you know,� Martin London said. “The rats are leaving the ship. He’s lost [Richard] Gates, [George] Papadopoulos, [Michael] Cohen, [Michael] Flynn, now [David] Pecker. He’ll probably lose others from the Trump Organization.� (The Hill)