That is crazy. To begin with if it is campaign related, it would be an unreported loan to the campaign from Cohen. Then it would be an unreported expenditure.https://twitter.com/pbump/status/991855353242451968 …
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But one thing is for certain: Giuliani is doing his client Donald Trump no favors by making this admission on national television. Does he not understand the campaign finance implications or does he not care? And why would Emmet Flood choose to wade into this now?
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Isn’t this arguably better for Trump in that it shifts the campaign-expenditure illegality from Cohen (this reducing his incentive to flip) to the campaign? What am I missing?
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I'm no campaign finance expert, but I thought the point was that Trump can give unlimited amounts of his own $ to his own campaign - so if he ultimately paid it himself, then no violation even if it is considered campaign related.
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The problem is that Cohen made what could be an unreported loan to the campaign, which is just as serious as an excessive contribution. And now Trump is implicated, where he wasn't necessarily before.
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Maybe, although I could see an argument that the loan was to Trump, not the campaign. Regardless, I expect campaign finance violations are the least of these guys' worries.
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A loan of this kind for this campaign purpose would be treated as a loan to the campaign. If Michael Cohen spent $100K on campaign flights or venues, those would be donations/loans to the campaign.
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Why is Avenatti talking about structuring? Doesn’t that apply only to cash transactions? This was reportedly laundered through a law firm, no? Probably not cash.https://twitter.com/kylegriffin1/status/991866288556400640?s=20 …
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Yes only cash. And it’s not money laundering to funnel through a law firm unless the money was criminal proceeds. Lots of loose allegations being tossed around.
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