'False' or 'misleading'? Cohen explains his logicpublished at 16:01 British Summer Time 14 May
Kayla Epstein
Reporting from court
Eventually, federal election officials came calling about Michael Cohen's payout to Stormy Daniels (whose real name is Stephanie Clifford).
Cohen crafted a response that read: "Neither the Trump Organization nor the Trump Campaign was a party to the transaction with Clifford, and neither reimbursed Mr Cohen for the payment directly or indirectly."
Cohen now testifies that statement wasn't false but was "misleading".
It wasn't the Trump Organization or the campaign that paid Cohen back. Instead, it was paid by Trump's trust and personal account - as court documents and Cohen's testimony appear to show.
Cohen says he wrote the "misleading" statement to “protect Mr Trump”, “stay on message", and demonstrate “continued loyalty".