MSNBC's Lawrence O'Donnell admits he made an 'error in judgment' in story about Trump and Russian oligarchs

MSNBC's Lawrence O'Donnell admits he made an 'error in judgment' in story about Trump and Russian oligarchs

MSNBC's Lawrence O'Donnell is backing away from a bombshell report he dropped late Tuesday night about alleged financial ties between President Donald Trump and Russian oligarchs.

On Twitter Wednesday afternoon, the host posted the following statement:

The story had alleged that Trump's loans from Deutsche Bank had been cosigned by Russian oligarchs, citing a single anonymous source. The idea that Trump would have been financially indebted to wealthy Russians with ties to the Kremlin indeed would have been a groundbreaking story, and some had speculated that it could ramp up calls for Trump's impeachment.

But because the report didn't come from the usual venue for such information — such as, say, a story in the New York Times with multiple sources and reporters who had seen the relevant documents — even many observers critical of Trump were hesitant to accept the veracity of O'Donnell's report. And earlier on Wednesday, Trump's lawyer issued a letter demanding O'Donnell retract and apologize for the claims, calling them "false and defamatory."

Now, it appears the host is backing down.

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