The Stormy Daniels scandal could be more perilous for Trump than the Russia investigation has been.
Barack Obama’s 2008 presidential campaign was caught hiding the sources of 1,300 large campaign donations, aggregating to nearly $2 million. The campaign also accepted more than $1.3 million in unlawful donations from contributors who had already given the legal maximum.
Under federal law, such campaign-finance violations, if they aggregate to just $25,000 in a calendar year, may be treated as felonies punishable by up to five years’ imprisonment — with offenses involving smaller dollar amounts punishable by incarceration for a year or more. (See Section 30109(d) of Title 52, U.S. Code, pp. 51–52 of the Federal Election Commission’s compilation of campaign laws.)
The Obama campaign did not have a defense; it argued in mitigation that the unlawful donations constituted a negligible fraction of the monumental amount it had raised from millions of “grass-roots” donors. Compelling? Maybe not, but enough to convince the Obama Justice Department not to prosecute the Obama campaign — shocking, I know. During the Christmas holiday season right after the 2012 campaign, with Obama safely reelected and nobody paying much attention, the matter was quietly settled with the payment of a $375,000 fine.
Is the $130,000 in hush money Donald Trump’s personal lawyer paid to porn star Stormy Daniels on the eve of the 2016 election a campaign-finance violation? Probably, although it’s a point of contention. Even if we stipulate that it is, though, we’re talking comparative chump change.
Yet, as that lawyer, Michael Cohen, has discovered, what was not a crime in the Obama days is the crime of the century now. Cohen’s Rockefeller Center law office in New York City was raided by the FBI on Monday. So was his room at the Loews Regency Hotel on Park Avenue, where he has been staying while his apartment is under renovation, the New York Times reports.
The agents seized voluminous files and records pursuant to court-authorized warrants obtained by federal prosecutors. The haul includes presumptively privileged communications between Cohen and his client, President Trump. As one would expect, the president exploded in anger, with Special Counsel Robert Mueller the main target. But his outburst was a misfire.