WEBVTT 00:02.000 --> 00:03.233 align:left position:10%,start line:77% size:80% WILLIAM BRANGHAM: There are new questions being raised about payments to President Trump's 00:03.233 --> 00:05.366 align:left position:20%,start line:83% size:70% personal attorney, Michael Cohen. 00:05.366 --> 00:08.200 align:left position:10%,start line:83% size:80% The money went to a shell company set up by Cohen. 00:08.200 --> 00:13.200 align:left position:10%,start line:77% size:80% It totaled more than $4 million, including about $500,000 from a U.S. company with ties 00:14.633 --> 00:18.100 align:left position:10%,start line:83% size:80% to a Russian oligarch who is close to Vladimir Putin. 00:18.100 --> 00:20.100 align:left position:20%,start line:83% size:70% John Yang breaks down what we know. 00:20.100 --> 00:24.333 align:left position:10%,start line:77% size:80% JOHN YANG: William, the payments went to the company that Cohen says he set up to pay the 00:24.333 --> 00:29.333 align:left position:10%,start line:83% size:80% $130,000 hush money to adult film actress Stephanie Clifford. 00:31.200 --> 00:34.266 align:left position:10%,start line:77% size:80% Her attorney, Michael Avenatti, revealed the payments in a document he posted online. 00:34.266 --> 00:38.100 align:left position:10%,start line:83% size:80% To help us unpack all of this, here's Rosalind Helderman. 00:38.100 --> 00:41.300 align:left position:20%,start line:77% size:70% She's the Washington Post political investigations reporter. 00:41.300 --> 00:43.433 align:left position:20%,start line:83% size:70% Rosalind, thanks so much for joining us. 00:43.433 --> 00:47.900 align:left position:10%,start line:77% size:80% Of the payments that you have been able to confirm, who did they come from, and how much 00:48.800 --> 00:50.966 align:left position:10%,start line:89% size:80% money are we talking about? 00:50.966 --> 00:54.133 align:left position:20%,start line:71% size:70% ROSALIND HELDERMAN, The Washington Post: We're talking about, I think it's about $2.5 million 00:55.233 --> 00:57.066 align:left position:20%,start line:83% size:70% that seems to be confirmed at this point. 00:57.066 --> 01:02.033 align:left position:10%,start line:83% size:80% And they come from some major U.S. and foreign companies. 01:02.033 --> 01:07.033 align:left position:10%,start line:83% size:80% They include AT&T, Novartis, a pharmaceutical company. 01:09.466 --> 01:12.633 align:left position:10%,start line:71% size:80% They include this company Columbus Nova, which is a U.S.-based affiliate of a company that 01:13.800 --> 01:18.433 align:left position:20%,start line:83% size:70% is owned and founded by a Russian businessman. 01:20.466 --> 01:23.833 align:left position:10%,start line:77% size:80% One thing that ties a number of these companies together is that they had major issues pending 01:23.833 --> 01:25.933 align:left position:10%,start line:89% size:80% before the U.S. government. 01:25.933 --> 01:30.633 align:left position:10%,start line:77% size:80% But each of them, in turn, has essentially said that that's not why they hired Mr. Cohen, 01:32.666 --> 01:35.366 align:left position:10%,start line:77% size:80% that they hired him for various reasons, to provide real estate advice, to provide accounting 01:35.366 --> 01:37.966 align:left position:20%,start line:83% size:70% advice, for his general legal knowledge. 01:37.966 --> 01:42.800 align:left position:10%,start line:71% size:80% JOHN YANG: And, Rosalind, what -- I know there was a filing late today, Michael Cohen challenging 01:44.533 --> 01:47.100 align:left position:10%,start line:83% size:80% some of this information that Michael Avenatti put out. 01:47.100 --> 01:48.366 align:left position:10%,start line:89% size:80% What can you tell us about that? 01:48.366 --> 01:50.033 align:left position:20%,start line:83% size:70% ROSALIND HELDERMAN: Yes, that's right. 01:50.033 --> 01:52.633 align:left position:20%,start line:77% size:70% That just came in, I think, within the last 10 minutes or so. 01:52.633 --> 01:57.433 align:left position:10%,start line:71% size:80% This is lawyers for Michael Cohen saying basically two things in court about the Avenatti information. 01:59.500 --> 02:03.233 align:left position:10%,start line:77% size:80% On the one hand, they seem to be conceding that some of it is accurate, because they 02:03.233 --> 02:08.233 align:left position:10%,start line:77% size:80% say it's a sign that Avenatti improperly has access to Michael Cohen's bank records. 02:10.766 --> 02:14.666 align:left position:10%,start line:71% size:80% And they're trying to get the court to force Avenatti to say where he's getting this information, 02:16.633 --> 02:19.233 align:left position:10%,start line:77% size:80% so they can assess whether he properly should have access to that information. 02:19.233 --> 02:23.666 align:left position:10%,start line:71% size:80% At the same time, they cited some of the details that have not been covered in the media, because 02:25.633 --> 02:28.300 align:left position:10%,start line:77% size:80% I think the media has not been able to confirm them, a few additional details that are sort 02:28.300 --> 02:31.300 align:left position:20%,start line:83% size:70% of on the last page of what Avenatti put out. 02:31.300 --> 02:33.900 align:left position:20%,start line:77% size:70% And they're suggesting that that information might actually be false. 02:33.900 --> 02:38.400 align:left position:10%,start line:77% size:80% JOHN YANG: And, in addition, the Treasury Department inspector general has begun an 02:38.400 --> 02:43.400 align:left position:10%,start line:77% size:80% investigation about whether any confidential banking records have been tampered with. 02:45.066 --> 02:47.300 align:left position:20%,start line:83% size:70% Why is Avenatti so interested in this? 02:47.300 --> 02:49.400 align:left position:10%,start line:89% size:80% Why is he putting this out? 02:49.400 --> 02:53.666 align:left position:10%,start line:77% size:80% ROSALIND HELDERMAN: I think that he -- what he has said is that it gives you more information 02:53.666 --> 02:58.633 align:left position:10%,start line:77% size:80% about the -- the sort of process by which his client, Ms. Clifford, was paid, because 03:00.666 --> 03:05.333 align:left position:10%,start line:77% size:80% Michael Cohen seems to have used this same bank account that he used to pay Stormy Daniels, 03:06.933 --> 03:10.066 align:left position:20%,start line:77% size:70% as she is better known, as he did for all these other transactions. 03:10.066 --> 03:12.633 align:left position:20%,start line:83% size:70% He says that his strategy is working. 03:12.633 --> 03:15.566 align:left position:10%,start line:83% size:80% He's on TV a great deal, as your viewers probably know. 03:15.566 --> 03:20.000 align:left position:10%,start line:77% size:80% And, as a result, people are just sending him information that is relevant and helps 03:20.000 --> 03:24.533 align:left position:10%,start line:77% size:80% inform the American public about the activities of Mr. Cohen and President Trump. 03:24.533 --> 03:26.666 align:left position:20%,start line:83% size:70% And he's trying to publicize that. 03:26.666 --> 03:30.766 align:left position:10%,start line:77% size:80% JOHN YANG: What else is sort of intriguing about these -- where -- the source of these 03:30.766 --> 03:31.766 align:left position:30%,start line:89% size:60% payments? 03:31.766 --> 03:33.866 align:left position:20%,start line:89% size:70% ROSALIND HELDERMAN: Yes. 03:33.866 --> 03:36.800 align:left position:10%,start line:77% size:80% I mean, I think one thing that's very interesting is the sort of -- the picture you get of the 03:36.800 --> 03:39.066 align:left position:20%,start line:83% size:70% swamp as it exists under Donald Trump. 03:39.066 --> 03:42.400 align:left position:10%,start line:83% size:80% Of course, President Trump ran against the D.C. swamp. 03:42.400 --> 03:46.566 align:left position:10%,start line:77% size:80% And one thing that's been very clear is that people associated with President Trump, with 03:46.566 --> 03:51.566 align:left position:10%,start line:77% size:80% his campaign, with his business, who can argue to major companies that they know this very 03:54.033 --> 03:57.133 align:left position:10%,start line:71% size:80% hard-to-understand world of Trump's Washington suddenly have found themselves with very marketable 03:58.233 --> 04:00.766 align:left position:40%,start line:89% size:50% skills. 04:00.766 --> 04:03.633 align:left position:10%,start line:71% size:80% I spoke to several people like that just today who said essentially that their phones were 04:03.633 --> 04:08.633 align:left position:10%,start line:77% size:80% ringing off the hook starting in January of 2017 from companies who wanted to, you know, 04:10.300 --> 04:13.400 align:left position:10%,start line:83% size:80% essentially throw money at them to understand Donald Trump. 04:13.400 --> 04:15.833 align:left position:20%,start line:83% size:70% JOHN YANG: And not only understand Donald Trump. 04:15.833 --> 04:20.833 align:left position:10%,start line:77% size:80% You said that some of these companies had business before the government in the past 04:21.433 --> 04:22.666 align:left position:30%,start line:89% size:60% couple of years. 04:22.666 --> 04:24.600 align:left position:20%,start line:83% size:70% ROSALIND HELDERMAN: Yes, that's right. 04:24.600 --> 04:27.766 align:left position:10%,start line:77% size:80% AT&T was -- is going through a merger which requires Department of Justice approval. 04:27.766 --> 04:30.100 align:left position:20%,start line:83% size:70% That's an important thing for that company. 04:30.100 --> 04:32.866 align:left position:20%,start line:83% size:70% They say it's unrelated to these payments. 04:32.866 --> 04:37.866 align:left position:10%,start line:77% size:80% Novartis, their CEO had a meeting with Donald Trump not long after this payment. 04:39.066 --> 04:41.533 align:left position:20%,start line:83% size:70% They, too, say that that was unrelated. 04:41.533 --> 04:46.533 align:left position:10%,start line:77% size:80% But these are companies that have -- another one of them, Korean Aerospace, makes aircraft 04:48.500 --> 04:52.700 align:left position:10%,start line:77% size:80% and is competing for a very, very large contract with the U.S. Air Force. 04:54.066 --> 04:56.433 align:left position:10%,start line:83% size:80% They, too, say that's unrelated to these payments. 04:56.433 --> 05:00.333 align:left position:10%,start line:77% size:80% But these are companies that had things they were trying to get out of the U.S. government. 05:00.333 --> 05:04.833 align:left position:10%,start line:71% size:80% JOHN YANG: And, Rosalind, we should note that another of President Trump's personal attorneys, 05:04.833 --> 05:09.833 align:left position:10%,start line:77% size:80% Rudolph Giuliani, is saying this evening that the president had no knowledge of these payments 05:10.433 --> 05:11.600 align:left position:30%,start line:89% size:60% to Cohen. 05:11.600 --> 05:13.700 align:left position:10%,start line:89% size:80% But this story will go on. 05:13.700 --> 05:16.500 align:left position:10%,start line:77% size:80% Rosalind Helderman of The Washington Post, thank you so much for joining us. 05:16.500 --> 05:17.100 align:left position:20%,start line:83% size:70% ROSALIND HELDERMAN: Thank you for having me.