Administration

Trump praises Trump Org CFO granted immunity in Cohen probe

President Trump said in a new interview Thursday he doesn't believe Trump Organization chief financial officer Allen Weisselberg betrayed him by taking an immunity deal in the Michael Cohen investigation.

"100 percent he didn't," Trump told Bloomberg News in his first public comments on Weisselberg since news of the immunity deal broke. "He's a wonderful guy."

Trump also said the cooperation was related to "a very limited period of time."

Cohen, Trump's former personal attorney and fixer, pleaded guilty earlier this month to eight counts of bank fraud, tax fraud and campaign finance violations. He implicated the president in the campaign finance charges, saying Trump directed him to make hush-money payments to women who said they had affairs with Trump. Trump has denied wrongdoing.

News of the immunity deal for Weisselberg rattled the White House after the Wall Street Journal first reported it last week.

Weisselberg has worked for the Trump family for more than four decades dating back to the 1970s, when he was an employee for the late Fred Trump, the president's father.

He has served as the executive vice president and chief financial officer of the Trump Organization. Since Trump took office, Weisselberg and Trump's eldest two sons, Donald Trump Jr. and Eric Trump, have controlled the company's finances.

Outbrain
View desktop version