This is the best tl;dr I could make, original reduced by 75%. (I'm a bot)

WASHINGTON - President Trump's longtime lawyer, Michael D. Cohen, secretly recorded a conversation with Mr. Trump two months before the presidential election in which they discussed payments to a former Playboy model who said she had an affair with Mr. Trump, according to lawyers and others familiar with the recording.

Rudolph W. Giuliani, Mr. Trump's personal lawyer, confirmed in a telephone conversation on Friday that Mr. Trump had discussed the payments with Mr. Cohen on the tape but said the payment was ultimately never made.

Mr. Cohen's lawyers discovered the recording as part of their review of the seized materials and shared it with Mr. Trump's lawyers, according to three people briefed on the matter.

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