Cohen secretly recorded conversation with CNN anchor

Trump-Cohen recording of pay-off talk broadcast on US TV

In addition to being involved in efforts to hush up McDougal's story, he famously paid US$130,000 to porn star Stormy Daniels just weeks before the election to silence her own claims of an alleged one-night stand with Trump. The Enquirer never ran the story, a fact that many argue strongly suggests that the tabloid killed it at Trump's behest. "One-fifty?" Trump asks. Cohen says yes.

Earlier in the conversation Cohen suggested that he "open a company for the transfer of all of that info" to the National Enquirer and its parent company, American Media Inc.

During Mr Cohen's years, the Trump Organisation sought opportunities in some colourful locales. Cohen counters by repeatedly saying, "No". Mr. Trump initially says "what financing?" Davis is a columnist for The Hill.

Primeau said he was not aware of this dispute before he performed his forensic analysis on Wednesday, and he did not watch any news reports about the recording when the story broke Tuesday night.

"The transcript that we provided CNN accurately reflects the taped conversation", Giuliani told The Associated Press.

"With the leak of this tape, people are saying 'all bets are off.' There's a wait-and-see attitude", Michael Caputo, a former communications advisor on the Trump campaign, told Observer. "After Michael Cohen mentioned financing. So sad!. Why was the tape so abruptly terminated (cut) while I was presumably saying positive things?"

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Trump has denied having sex with either woman.

Trump on Saturday denied any wrongdoing.

He said Cohen is ready to "turn a new corner" and tell the truth about what transpired between himself and the president. In addition, Trump's attorneys have not claimed the recording is a privileged attorney-client conversation.

A former Trump stalwart, Mr Cohen once famously vowed he would take a bullet for the president. It raises a serious question about whether Rudy Giuliani, at this stage of his career, is the right person to be heading up Trump's defense against the Democrats' legal attacks. That may explain why prosecutors did not follow typical Justice Department protocol to avoid subpoenaing news organizations when possible, and to give journalists advance warning when demanding documents or other information.

Two months before the 2016 election, Donald Trump and his lawyer discussed plans for hush money payments to a former Playboy model alleging an affair.

On Saturday, President Trump broke his silence over the recording, tweeting: "Inconceivable that the government would break into a lawyer's office (early in the morning) - nearly unheard of". There are, Mr Davis says, "a lot of other tapes".

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But what's new and especially threatening to Trump's presidency is Cohen's material, of which there seems to be plenty.

Trump is right. It wasn't illegal or necessarily improper for Cohen to tape a conversation with his client, but to release that tape to CNN was a shocking violation of his duty to preserve client confidences under the New York Lawyer's Code of Professional Responsibility, DR 4-101.

According to Giuliani, in his transcript of the recording, Trump says on the tape: "Don't pay with cash". "In the big scheme of things, it's powerful exculpatory evidence".

"The tape can be used by anybody who can get their hands on it for any goal, which would include McDougal if she's suing the president, or Bob Mueller if he's investigating the president", Napolitano added.

Shortly before the 2016 election, former Trump campaign spokeswoman Hope Hicks said that McDougal's allegations were "totally untrue".

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