The documents released Wednesday by a USA government ethics body, do not specify the reason for the payments to Cohen, who paid $130,000 to adult film actress Stormy Daniels in the run-up to the 2016 election.
While the disclosure didn't specify the goal of the payment, Cohen has said he paid $130,000 to Daniels in the weeks before the 2016 presidential election to keep her from going public about her allegations that she had sex with the married Trump in 2006.
A law enforcement source said in a new report Wednesday that he leaked financial records about President Trump's longtime attorney Michael Cohen because two key goverment reports on Cohen's financial activity were missing.
Trump submitted his financial disclosure form, showing he made a payment to Cohen between $100,001 and $250,000 in 2017.
The acting director of the ethics office, David Apol, said in a letter to Deputy Attorney General Rod Rosenstein that the original payment made by Cohen should have been disclosed in ethics documents that Trump filed in June 2017.
"Frankly, I love the idea that the Office of Government Ethics says that everything is fully disclosed and therefore its ethical", Giuliani told CNN.
Swiss pharmaceutical giant Novartis Wednesday announced the retirement of its top legal expert over the $1.2 million in payments to Cohen, while AT&T has said it made a "big mistake" by paying the lawyer some $600,000. Among his holdings, he took in $25 million from his Mar-a-Lago resort in Florida.
"Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Mr. Cohen in 2017", it said.
Signed by Trump and released by the U.S. Office of Government Ethics, the disclosure also drew comment from watchdog groups and a senior Democratic lawmaker about possible violations of campaign finance law, which requires public disclosure of expenses meant to influence the election. "It may be that someone reached out to fincen to ask to limit disclosure of certain sars related to an investigation, whether it was the special counsel or the Southern District of NY".
Cohen's attorney, Steve Ryan, refused to discuss the $500,000 deposit when requested to do so by The Atlantic, but insisted it "wasn't a payment". "These aren't people, these are animals, and we're taking them out of the country at a level and at a rate that's never happened before".
The disclosure of Trump's payments to his lawyer came the same day a Senate intelligence panel released thousands of pages of testimony from its probe into a meeting between the president's eldest son, Donald Trump Jr, and a Russian lawyer who offered to provide damaging information about Hillary Clinton. His Doral golf course and resort in Miami took in $75 million.
Trump has at least $315 million in debt, about the same as he reported a year ago. The president's tax returns would give a clear picture, but Mr Trump has broken with tradition by refusing to make them public.
The debt figures are given in broad ranges in the report and capped at $50 million, so it's unclear just how much Trump actually owes.
The form also shows that Melania Trump earned between $100,001 and $1 million from Getty Images, the photo licensing company. Mr. Trump is also still picking up a Screen Actors Guild pension of almost $65,000 from his years as a reality TV host and sometime bit player in movies.
Though it was published three decades ago, Trump's "The Art of The Deal" previous year generated as much as $1 million.