Skip to Main Content
 

USA Today Quotes Trevor Potter on Potential Campaign Finance Violation Linked to Stormy Daniels Payment

May 4, 2018, USA Today

President Trump and his new lawyer Rudy Giuliani may have exposed the president to legal risk by acknowledging that Trump reimbursed his longtime lawyer Michael Cohen for the $130,000 used to silence porn star Stormy Daniels, campaign-finance watchdogs said Thursday.

. . .

Trevor Potter, president of the Campaign Legal Center watchdog group and a former Federal Election Commission chairman, said reports of the reimbursement might not let Cohen off the hook, either.

The lawyer still likely violated election law by "fronting" $130,000 to the Trump campaign — which would have amounted to an excessive, illegal campaign contribution at the time, Potter said. (Individuals cannot donate more than $2,700 to a federal candidate for a primary or general election.)

Potter argued Trump's campaign then broke the rules by accepting the money and not disclosing it. In addition, he noted Trump failed to report any loans from Michael Cohen on a personal financial-disclosure form the president filed last year with a separate agency, the Office of Government Ethics. The law requires him to disclose any loan larger than $10,000.

"With this latest explanation, President Trump finds himself between something of a rock and a hard place," Potter said in a statement.

Mr. Potter also leads the Political Law Group at Caplin & Drysdale.

For the full article, please visit USA Today’s website.

Excerpt taken from the article “Trump Could Face More Legal Trouble After Confirming He Repaid Michael Cohen, Watchdogs Say” by Fredreka Schouten for USA Today.

________________________________________________

About Caplin & Drysdale
Having celebrated our 50th Anniversary in 2014, Caplin & Drysdale continues to be a leading provider of legal services to corporations, individuals, and nonprofits throughout the United States and around the world. We are also privileged to serve as legal advisors to accounting firms, financial institutions, law firms, and other professional services organizations.

The firm's reputation over the years has earned us the trust and respect of clients, industry peers, and government agencies. Moreover, clients rely on our broad knowledge of the law and our keen insights into their business concerns and personal interests. Our lawyers' strong tactical and problem-solving skills -- combined with substantial experience handling a variety of complex, high stakes, matters in a boutique environment -- make us one the nation's most distinctive law firms.

With offices in New York City and Washington, D.C., Caplin & Drysdale's core practice areas include:
For more information, please visit us at www.caplindrysdale.com.
Washington, DC Office:
One Thomas Circle NW
Suite 1100
Washington, DC 20005
202.862.5000
New York, NY Office:
600 Lexington Avenue
21st Floor
New York, NY 10022
212.379.6000

___________________________

Disclaimer
This communication does not provide legal advice, nor does it create an attorney-client relationship with you or any other reader. If you require legal guidance in any specific situation, you should engage a qualified lawyer for that purpose. Prior results do not guarantee a similar outcome.

Attorney Advertising
It is possible that under the laws, rules, or regulations of certain jurisdictions, this may be construed as an advertisement or solicitation.
© 2019 Caplin & Drysdale, Chartered
All Rights Reserved.

Related Professionals

Related Practice Area(s)