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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump must file paperwork on Stormy hush money today...here's why it could blow up in his face
https://www.rawstory.com/2018/05/trump-must-file-paperwork-stormy-daniels-hush-money-today-heres-blow-face/
Today is a major deadline for Donald Trump and this legal team, who must either disclose the debts Donald Trump owed his attorney Michael Cohen for his agreement with Stormy Daniels and any other similar hush-money pay-outs or double-down on a dicey legal strategy. The Ethics in Government Act establishes May 15 as the deadline for reporting any liabilities that exceeded $10,000 at any time during calendar year 2017.
That would include the $130,000 owed to Michael Cohen, who paid off Daniels in October 2016.
Does Trump now disclose the Daniels payout and any others, or risk a full-blown investigation into the money by a federal agency?
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The answer should be easy, but the president is in a difficult position. He left out the Daniels-related debt in the financial disclosure report he filed on June 14, 2017. Disclosing it now means acknowledging that he should have disclosed it last year, they write. Disclosure may also lead to damaging revelations if he omitted other liabilities from any past financial disclosure reports or incurred new ones since June.
ProudMNDemocrat
(16,785 posts)The LAW applies to you too, dumbass!
femmocrat
(28,394 posts)Or he will ask for an extension. Wonder what the penalty is for failure to comply.
Miles Archer
(18,837 posts)So this IS the extension, but since he is Trump, yeah...I'm sure he will look for an extension ON the extension.
blugbox
(951 posts)That pic of trump is made of four colors
NCTraveler
(30,481 posts)It's becoming more and more painful to read things from RS. Their writing is taking a nose dive and their deception is increasing. Sad to see from what was a good source at one point.
Tired of reading their stories because of the headline just to find out it was a waste of time.
politicaljunkie41910
(3,335 posts)There has been no penalty, no consequences, no nothing for failures to comply so I'm not holding my breath that he will comply now. Congress doesn't care and won't act upon it. The guy who was the White House Ethics Director was forced out/quit back at the beginning of this administration and as far as I know, he wasn't replaced by Trump and why would he. If he was replaced there's no evidence of it.