Michael Cohen’s LLC got secret corporate payments. America needs to know if Trump’s shell companies did too.

Michael Cohen’s LLC got secret corporate payments. America needs to know if Trump's shell companies did too.

Thanks to Stormy Daniels’s attorney, Michael Avenatti, we learned last night that Michael Cohen’s shell company, Essential Consultants LLC, whose existence came to light as the vehicle for the hush money payments to Daniels, also had considerable income from Russian billionaire Viktor Vekselberg as well as corporations including AT&T and Novartis.

This raises any number of possible legal and political questions — including the disturbing but very real possibility that under currently prevailing legal standards, there’s nothing actually illegal about putting cash into the president’s fixer’s slush fund and hoping to gain political access in exchange.

But it also serves as a reminder of the fundamentally corrupt setup of the Trump administration and Donald Trump’s business interests.

In a normal presidency, it would be very difficult to make large, secret cash payments to the president of the United States as a means of currying favor with him. You could donate to his reelection campaign, but that would have to be disclosed. And you could hire people who you believe to have a relationship with him in hopes that they can peddle influence on your behalf (as AT&T and Novartis apparently did with Cohen), but it might not work.

But there would be basically no way to directly pay the president in secret. Trump has changed that. It’s completely unclear how Avenatti came to be in possession of the documents that reveal the payments to Essential Consultants, but it came about due to some kind of leak. Had they not leaked, we would still be in the dark. And since no financial documents related to any of the many LLCs that Trump controls personally have leaked, we have no idea who is paying him or why.

Donald Trump owns many LLCs

The one concession to financial transparency that Trump has made since entering politics is

Sourse: vox.com

No votes yet.
Please wait...

Leave a Reply

Your email address will not be published. Required fields are marked *