WSJ: Michael Cohen investigated for cash buildup during election

Why it matters: Per the WSJ, this could feed into the investigation of his business affairs by the FBI and Manhattan federal prosecutors. Cohen doubled the credit line to his Manhattan apartment in February 2016 to $245,000, and gained access to an additional $529,000 in late 2015. The report adds that Cohen reportedly used his “home-equity line of credit to make a $130,000 payment” to Stormy Daniels.

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