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>> why would you send a letter to the justice department? >> well, i think there is not much spelled out in that letter. the actual text of the letter doesn't say it but i think the idea is if this was not the president it would be look at, this maybe you want to prosecute this person, maybe you want to investigate this person for campaign finance or a legal violation not adding this amount to their form last year. the question is what does d.o.j. do with it? is it a problem for moib? is it a problem for donald trump? we don't know what the d.o.j. is going to do with this. but it's the sort of...

Naturally to himself. but then trump kept it to himself and he kept it to himself even after it was clear it was happened and money was paid. it was just a question whether he blame somebody else for the payment. for the affair it's implicitly his responsibility. so what is his justification to his voters for having lied all this time? the story was out there. he wasn't covering the relationship with his wife. he was covering who to blame. >> trump has a large amount of leeway with his base. it doesn't seem like there will be meaningful blowback on this for him not telling the truth. he often ...

Giuliani talked about $470,000 to the "new york times" as an amount that was paid to michael cohen, and what we have in this form, because of transparency, is $150,000 to $200 and something thousand. so there's money missing. and even the clip that you just played, saying that this wasn't about campaigning, rudy giuliani also in that same or in another interview talked about the fact that you know, this was right before the election. he needed to take care of it. so michael cohen took care of it, contradicting himself. >> do you always put bunny ears around trump transparency -- >> those are b...

The requirements, and at the same time, this came out, there's also a letter by mr. rod rosenstein certifying good housekeeping seal of approval this disclosure meets the requirements. that's what the documents say. >> mr. trump's attorney, mr. giuliani also said cohen was paid $460,000, $470,000 from the president, also included money for incidental expenses. do we know more about that based upon this report? >> we don't know more based on this report at first blush. we have the different llcs. he has hundreds of llcs, and all we get to see is their income, their names and sort of what the un...

Lawsuit, he arranged to represent her sometime earlier. he was asked questions about being paid. it's not until march 15 he shows up with this internet gig. he raised $470,000. who originally paid for him. who paid and what operation gathered these kind of documents. >> laura: the banking records of michael cohn. it is criminal to release those records. they are obviously, any of us have those records, how he got them, we do not know, he hasn't revealed that. he's very loquacious, but he hasn't revealed that. the inspector is anxious to know and the treasury department. it's odd because you wo...