"He'll get his facts straight", Trump added, though he did not specify the statements by Giuliani, who joined the president's legal team on April 19, to which he was referring. Unfortunately, the mark Giuliani left was on his client.
Allen Weisselberg, the chief financial officer of the Trump Organisation, has known since previous year the details of how Cohen was being reimbursed, which was mainly through payments of $35,000 per month from the trust that contains the President's personal fortune, according to two persons with knowledge of the arrangement. Trump had repaid it. "Money from the campaign, or campaign contributions, played no roll in this transaction".
It wasn't immediately clear what Giuliani sought to gain with the admission. Later, he speculated that the money might have been paid out of "law firm funds". If you missed Giuliani's comments on the matter, here are a few of the highlights.
These are my views:
There is no campaign violation.
"We still have the same question: What was the objective of this?"
If the President knowingly paid the money back, and when, is now secondary to a bigger question; whether or not the payment itself violates campaign finance law.
"If the objective of this was to stop [Daniels] from hurting the campaign", Noble continued, "then what you have is Cohen made a loan to the campaign". He makes a call to Baldwin's Trump.
"[The President] didn't know about the specifics of it as far as I know, but he did know about the general arrangement that Michael would take care of things like this". If the money was meant to influence the campaign, it could violate federal law.
President Donald Trump is insisting that his reimbursement of a 2016 hush payment to porn actress Stormy Daniels had nothing to do with his election campaign.
Daniels filed a lawsuit over the nondisclosure agreement, claiming it was void because Trump never signed it himself.
Giuliani toldNBCNews that Trump learned from his legal team that he had reimbursed Cohen only about a week ago.
The Manhattan office, home and hotel room of Michael Cohen, Mr Trump's longtime personal lawyer, were raided by the Federal Bureau of Investigation in April in connection to the payment made to Ms Clifford.
Here's what's making headlines in the political world Saturday, May 5, 2018.
"Although fees for legal services rendered may be exempt from disclosure".
Last month, the president told reportershe was unaware of the payment and did not know where Cohen had gotten the money-let alone have knowledge of the $774,000 lines of credit.
Ms Daniels claims she had an affair with Donald Trump in 2006, and was paid to keep quiet about it in the lead up to the 2016 election.
And it would have been reported before Election Day.