Trump Should Have Disclosed Daniels Payment, Ethics Office Says

Ronan Farrow reveals to Rachel Maddow how he was able to obtain Michael Cohen's confidential financial records

Last year's disclosure revealed that Trump's total income from January 2016 through January 2017 was somewhere between $600 million and $650 million.

Felix Ehrat, the top lawyer at Swiss pharmaceutical company Novartis, has chose to step down from his role over the drugmaker's $1.2 million payment to President Donald Trump's personal lawyer Michael Cohen for healthcare policy lobbying services.

This year's document will provide a more robust accounting of Trump's finances, and the state of his businesses, 15 months into his White House tenure.

Trump submitted the document on Tuesday, the deadline for administration employees to file their financial documents.

It will also be scrutinized for any sign of the hush money payment made to Daniels.

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Press coverage says the disclosure is an apparent reference to a reimbursement for Cohen's $130,000 payment to Stormy Daniels as part of a hush money agreement.

The form will cover all of 2017 and some of 2018.

Mr. Ehrat, who has been Novartis' group general counsel since 2011, made the decision to retire "in the context of discussions" surrounding the payment to President Trump's personal lawyer.

A reason for the payment to Cohen was not specified in the financial disclosure that the Office of Government Ethics released, The New York Times reported. Trump's lawyer Rudy Giuliani has characterized the repayment as taken from funds paid as a retainer for Cohen's legal services that didn't have to be listed as a debt, according to the BuzzFeed story.

Personal gifts disclosed by Trump include golf-related items from two professional golfers: a golf bag and clubs worth $1,150 from Kevin Streelman and $750 clubs from Bryson Dechambeau. The agency reviewed the form and made it public on Wednesday.

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