MSNBC's O'Donnell backs away from Trump-Russia report

MSNBC host Lawrence O'DonnellLawrence Francis O'DonnellWarren ad claims Trump fears her most Trump points to stock market gains: 'How are your 409K's doing?' Buttigieg: Harris 'deserves to be under anybody's consideration' for vice president MORE on Wednesday backed away from his previous night's reporting on alleged financial ties between President TrumpDonald John TrumpTrump suggests Sotomayor, Ginsburg should have to recuse themselves on 'Trump related' cases Sanders says idea he can't work with Republicans is 'total nonsense' Sanders releases list of how to pay for his proposals MORE and Russian oligarchs, saying he had made "an error in judgment" and that he had been wrong to report the story.

"Last night I made an error in judgment by reporting an item about the president’s finances that didn’t go through our rigorous verification and standards process," O'Donnell tweeted. "I shouldn’t have reported it and I was wrong to discuss it on the air. I will address the issue on my show tonight."

His statement comes after an attorney for Trump demanded MSNBC retract the report, which alleged that the president had taken out loans from Deutsche Bank with Russian oligarchs as co-signers.