A brief conversation Michael Cohen confirmed that the first email that aired on nbc news is legitimate. It is an email between Michael Cohen and Stormy Daniels former attorney, keith davidson, and also a representative of First Republic bank. It seems to deal, wolf, with the transaction of money that took place between Michael Cohen, which he says he facilitated, to Stormy Daniels, who we know as stephanie clifford, a Money Transfer that took place between Bank Accounts on october 26th at 4 15. Michael cohen, who sent a message to the bank from his email trumporg. Com, is asking if his money has been deposited. Hes being told that is true, and he forwarded that message to Stormy Daniels attorney, it looks like, later that same day. Again, whats interesting here, wolf, were learning so much about this affair that the president says he denies through his attorney, we could write a whole book on it. This is more information, now documentation coming out that Michael Cohen, during the transaction that took place just days before the 2016 election, was using his own Trump Organization email as a conduit to negotiate and to deliver some of these messages between this porn actress that theyre trying to silence, the bank and himself. Wolf . You know, the legal part of this is important, the Political Part is important. From the legal standpoint, drew, why potentially could this be so significant . One of the legal questions is, as i understand it, as a nonattorney, was the president involved . Did the president know . Was there communication between Michael Cohen, trumps private attorney, and the president over what to do about Stormy Daniels . You know, Michael Cohen says no, but all of these other indications, including the nondisclosure agreement, seem to indicate that there was communication, and Sarah Sanders at the white house was talking about how the president had won this arbitration agreement and it was a win for the president , which also seems to indicate that theres been some communication. So the question is, was President Trump, then donald trump, directly involved or at least communicated with with his attorney about this issue of trying to silence this porn star in the days before the election, and was that done for political purposes . If it was, that brings into the whole aspect this complaint at the federal Election Commission that this was, in fact, done on behalf of the campaign. It should have been either a disclosed Campaign Contribution or somehow this is an illegal Campaign Contribution, because 130,000 violates the limit of personal money you can donate to a campaign. Described as an inkind Campaign Contribution, potentially. Stand by, i want to bring in our senior White House Correspondent jeff zeleny. Jeff, clearly anxiety has been hiatt the white house over all this. Whats the latest youre hearing . Reporter wolf, it certainly has. This is something the white house has long not wanted to talk about, saying these questions have been asked and answered. But were learning more about this every day, in some cases every hour. Adding on to that, we asked Sarah Sanders earlier this week if the president had talked to Michael Cohen recently. Since then we learned that he spent last weekend at maralago. He was at maralago with the president on friday. He was seen there at a republican fundraiser. Presumably the two would have had a conversation. We do not know if they would have talked about this. But wolf, there are questions here. First and foremost, did the president authorize that hush money, if you will, in october of 2016 and has he been involved in this process along the way here . I do expect those questions will be asked again today at the White House Press briefing. Of course, so much else going on here, but this has caused anxiety because it connects the president directly to this legal action for the first time. So as we end this week here on a friday, certainly a Major Development that we did not know earlier on in the week, wolf. Im going to have you stand by as well, jeff. I know youre working your sources over there to get more information. I want to bring in our panel to assess all these latebreaking developments. Joining us, our cnn legal analyst laura coates, panelist David Gregory and our Senior Reporter niamalika henderson. If President Trumps attorney was using Trump Administration email to facilitate this payment, what does that suggest . First of all it says he was lying when he said the Trump Organization didnt have anything to do with the actual payment of it or the Trump Campaign. That is lying by the fact you have a trump email being used. Did you really make a settlement negotiation and a 130,000 payment without trumps knowledge in ethical standards and the practice of law and just contrary to everyones logic . Youre seeing now that is not the case. If he really did make that payment with the knowledge of the Trump Organization, then you have a Campaign Expenditure or a contribution. The outcome of the election is not the big deal here. The deal is with the Campaign Finance laws, you have to have transparency. We have to know where the money is coming from, we have to know how its being spent and there are limits. Even rudimentary math tells you, wolf, that 130,000 is way more than a 2700 cap, which means that he should have reported it. They should have said it was an expenditure or a distribution on behalf of the campaign, and it was not reported. Thats a huge problem for this administration. In response to a complaint from the fec, he issued a statement saying the money came out of his own pocket. He facilitated, he used the word facilitat facilitated, the payment. What does that say to you . Coming out of your own pocket is not the issue here. It doesnt have to come from trumps own pocket to be a campaign violation. Remember the payments made on behalf of john edwards was not out of his own pocket to have private jets for his mistress and a variety of things. Its about whether or not the funds were used on behalf of the campaign or in furtherance of the campaign. This was made 11 days before the general election. Of course it was made in the furtherance of the campaign, but, wolf, lets be very clear. The fec has a long track record of not Going Forward and prosecuting certain cases, because even with the john edwards scandal, which, by wait, it was john mcgahn who said on the fec, that payment to rieill hunter on behalf of john edwards, you had that there. You have that here to say this is unanimous to go forward with these cases, and until they prosecute these sorts of things or go forward, it may be a toothless endeavor even though its obvious. Lets play what chris cuomo said on new day with Stormy Daniels attorney. Listen to this. Actually, we dont have that clip right here, but well get that clip ready. In the exchange he left no doubt, the attorney representing Stormy Daniels, that not only Michael Cohen but the president himself must have been fully aware of this 130,000 hush money payment. Right. So whats unraveling for the president , i think, beyond the legal claim whether this is a violation of fec rules, which is serious, is a further embarrassment to the president. And to have him, to have the press secretary, to have his personal lawyer perhaps have a lie thats unraveling here about what was known by whom, and Michael Cohens representations that trump didnt know he paid out of his own pocket were so ridiculous on their face, to have all of that in the middle of a lot of other big stories going on is a huge embarrassment to the president. And if there are more details that show that this affair happened, details that support it more on that relationship, its not just bad for his marriage but just a big distraction. And weve seen the extent to which it bothers the president , someone who is very keen on paying attention to stories that are getting the most attention and try to divert attention away from that. Heres the exchange that chris cuomo had with Stormy Daniels attorney earlier this morning on new day. Why did the American People need to hear from Stormy Daniels . Because coverups matter. Meaning what . Whats the coverup here . They entered into a deal. No, the coverup is you have attorney cohen claiming donald trump never knew anything about this. You have the white house claiming that donald trump never knew anything about this. Thats going to be shown to be patently false. I am confident that when that evidence and those facts come to light, the American People are going to conclude that attorney cohen and the white house have not shot straight with them on this issue. Theyre fighting hard to allow her, Stormy Daniels, her attorney, to speak publicly and say whatever she wants, despite the hush agreement. Exactly. Hes talked about the attorney, talked about this being a freedom of speech issue. At some point were going to hear from Stormy Daniels. Anderson cooper has an interview with her this sunday. Hes got an interview with her for 60 minutes. You have seen from this white house trying to contain this and compartmentalize. Day by day their efforts are unraveling because it is inching closer and closer to the white house. You had Sarah Huckabee sanders talk about the president in relation to this lawsuit, and that according to our reporting really angered the president. So it seems like a day by day even though theyre kind of downplaying and saying the president had nothing to do with this, that is going to be a harder and harder story to maintain Going Forward, and you think about what kind of damage this does to the republican brand, not even so much donald trump. People didnt necessarily think he was the most faithful husband, but in terms of the republican brand what this does to them, particularly among women in this me too era. Michael cohen, if the payment of 130,000 hush money payment had nothing to do with the Trump Organization, he wouldnt have exchanged emails using the Trump Organization email account that he clearly has. Everybody stand by. 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And were living longer. You cannot help but be inspired by the opportunities that a transplant would offer. My donors mom says you were meant to carry his story. More on the breaking news. Cnn has confirmed that President Trumps personal attorney Michael Cohen used a Trump Organization email account during the negotiations to pay off a porn star, Stormy Daniels, who claims to have had an affair back in 2006 with donald trump, a thenprivate citizen. Michael cohen said, quote, neither the Trump Organization nor the Trump Campaign was a party to the transaction with ms. Clifford, and neither reimbursed me for the payment, either directly or indirectly. Lets talk a little bit about the legal and political realm qualifications of all of this. The notion that you negotiate a few days before the election a 130,000 payment. Michael cohen says the money came from him. He facilitated the payment directly, didnt come from the Trump Organization, didnt come from the Trump Campaign, but to negotiate the deal, he used his Trump Organization email account. Really, its unbelievable the way that this, one, the hush agreement is the one that wont shut up, and also how sloppily this has been done and executed. To have this paper trail is completely nonsen sirknonsensic. The whole purpose of having a nondisclosure agreement is to not have a paper trail. Talking about finance distribution and expenditure laws. It doesnt matter that it didnt come from trump directly. Most of the time when you have a Campaign Contribution, its not coming from the candidate, its coming from other people, and you have to report that as well. For him to try and say not a Trump Organization, because if it did come from my pocket, thats not the requirement for reporting and distribution. What is a requirement, if there is something made in furtherance of the campaign, not to the success of the campaign but to impact or influence or help the campaign, you have to disclose it. The funny thing about this whole thing is this really wouldnt be a really big issue i know thats shocking that were talking about the president and a porn star, but legally speaking, the Biggest Issue is about the Campaign Finance, not the morality clause inherent in being president of the United States. I wonder how Sarah Sanders is going to handle this. She has a briefing at the top of the hour, and she apparently irritated the president about a comment she made earlier in the week about the Stormy Daniels affair. Looking at live pictures coming from the briefing room. She has a sensitive issue on her hands right now. You know shes going to be asked about this. Well, she waded into some controversy by suggesting he prevailed in the arbitration process. I would be willing to bet that shell stay as far away from this as she can. Shell direct those questions to outside counsel. This is something that doesnt relate to anything the president has said about this, in particular since hes been president or conduct since hes been president , so i think she wants nothing to do with it. I think thats going to continue. The problem is, again, for the president to be fixated on this, which im sure he is, and its been described as a slow burn within the white house and part of the backdrop at the same time were talking about a potential Stunning Development with north korea with a summit meeting with the president and kim jongun, this is the kind of thing the president will do almost anything to keep attention away from it. And weve seen that in the past few days. Thats a fair point. Its true, and you saw from much of our coverage has been on this amazing breakthrough in terms of this accepting a meeting with the leader of north korea. That is something that the president has don