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Michael Flynn reportedly initially failed to report income from Russia linked-groups

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UPDATE April 2, 11:21 a.m. EST:

Former national security adviser Michael Flynn initially failed to report payments from multiple entities tied to Russia on one of his recently released financial disclosure forms.

Flynn listed making money for a speech in Moscow on the amended version of one form, but not on a the original version, The New York Times reports. He made $45,000 in speaking fees from RT, a news network backed by the Russian government. 

All told, Flynn made roughly  $1.3 million last year, including money from a U.S. air cargo company tied to the Volga-Dnepr Group and the U.S. subsidiary of Russia-owned cybersecurity company Kaspersky Lab, The Washington Post reports.

Flynn is currently seeking immunity from congressional and federal investigations into Russia's meddling in the 2016 election. One congressional committee has denied his request. He resigned from the national security adviser role after failing to disclose contact with Russian diplomat Sergey Kislyak.

The Washington Post reports that Flynn's disclosure form was a draft that would have been edited and reviewed before being submitted. However, the editing process was suspended when Flynn resigned.  He has reportedly been asked to finish filling out the form. 

ORIGINAL STORY: President Donald Trump's son-in-law and daughter are raking in millions in assets while they serve in White House jobs, according to new financial disclosures obtained by the Associated Press.

 A massive White House release of financial disclosure forms Friday night showed 'yuuuuge numbers."

Kushner and wife Ivanka Trump racked in $195 million, Gary Cohn made $75 million and Steve Bannon made $2.5 million, according to 2016-2017 Public Financial Disclosure reports.

HIGHLIGHTS:

  • Steve Bannon disclosed assets between $13 million and $56 million
  • Reince Priebus received more than $500,000 in salary and bonuses from the Republican National Committee and $750,000 from equity buyout and partner distribution from the law firm Michael Best & Friedrich
  • Gary Cohn received at least $40 million from Goldman Sachs-related dividends, interest, salary and bonuses. He also reported more than $1 million in income from the Industrial and Commercial Bank of China

The White House has said Cohn is in the process of divesting from that bank and his Goldman holdings.
Other members of the Trump administration have also stepped away from their businesses since joining team Trump for a White House gig, including the president's daughter.

The president must also file periodic financial disclosures, but he is not required to make another disclosure until next year.

--The Associated Press contributed to this report.


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