Allen Weisselberg: Trump Organization CFO granted immunity in Cohen case

U.S. President Donald Trump reacts while holding a roundtable on the Foreign Investment Risk Review Modernization Act at the White House in Washington U.S

Allen Weisselberg, the Trump Organisation's chief financial officer, was said to have met with prosecutors weeks ago after being ordered to appear before a grand jury.

Allen Weisselberg, chief financial officer for the Trump Organization, has been granted immunity by federal investigators in NY in exchange for testimony about his role in the payment of hush money to a porn actress, according to people familiar with the discussions.

BALLHAUS: Weisselberg is pretty deeply involved in some of these payments that Michael Cohen pleaded guilty to campaign finance violations for arranging this week.

He said Trump directed him to arrange the payments.

Weisselberg, 70, began working for the Trump Organization as an accountant in the 1970s, when President Donald Trump's father Fred ran the company.

On Thursday, it emerged that David Pecker, head of the company that publishes the National Enquirer tabloid, was also given immunity.

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Vanity Fair first reported the immunity deal.

What's next for president Donald Trump? Because of his plea, he's being forced to give up his New York City taxi medallions, which have shrunk in value as Uber and Lyft shake up the industry.

And now everyone from Michael Cohen to Omarosa to Sacha Baron Cohen is releasing audio and video tapes exposing Trump as a liar. The Trump Organization could be entangled in two possible criminal investigations in NY.

In the days after Cohen's guilty plea, two close associates - the magazine boss who helped him squash bad stories and the top financial man at the president's business - have been granted immunity for their cooperation.

Federal campaign finance law limits individual donations to $2,700 per election, requires the disclosure of any donation over $200, and defines a contribution as anything of value given, loaned or advanced to influence a federal election.

"Congressional Republicans have been operating under a see-no-evil policy with President Trump: ignoring his lying, his subversions of democratic norms and his attacks on government institutions or, when that's not possible, dismissing such outrages as empty bluster". This means Weisselberg is the accountant who filed Trump's tax returns.

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One of the executives is American Media Chief Executive David Pecker, a longtime Trump friend.

Giuliani has said the payments were personal matters not subject to campaign finance law.

"If anyone is looking for a good lawyer, I would strongly suggest that you don't retain the services of Michael Cohen!" the president tweeted Wednesday morning. "They are trying to undo this president", said former Trump campaign aide Sam Nunberg.

Rudy Giuliani, the former NY mayor who is now a legal adviser to Mr Trump, said that it was "inevitable" any attempt at impeachment would fail.

Mr Trump has repeatedly denied collusion with Russian Federation, and Russia denies involvement in the 2016 election.

The Trump Organisation eventually reimbursed Mr Cohen for the $US130,000 payment to Ms Daniels, accepting sham invoices and recording the money it sent to Mr Cohen as legal expenses.

Trump lawyer Rudy Giuliani: Truth isn't truth
He was referring to a conversation former FBI Director James Comey said he had with Trump in the White House in February 2017. And Trump's account of that conversation differs markedly from Comey's. "We have plenty of credibility", Giuliani snapped.

Trump's base will remain faithful to him to the bitter end, but the people who really matter are turning against him, and it doesn't bode well for his political survival.

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