Russians believed they had 'derogatory' information on Trump

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CNN, meanwhile, reported on Tuesday that "Russian government officials discussed having potentially "derogatory" information about then-presidential candidate Donald Trump and some of his top aides in conversations intercepted by United States intelligence during the 2016 election". One of the officials said the intelligence report masked the American names but it was clear the conversations revolved around the Trump campaign team.

While the Russian officials could have possibly been bluffing, they purportedly bragged about potentially blackmailing Trump."Russian officials must be laughing at the USA & how a lame excuse for why the Dems lost the election has taken over the Fake News", Trump tweeted Tuesday morning.The report said the sources would not say which campaign associates were talked about, and one source said the United States names intercepted in the surveillance were masked but the conversations were focused on Trump's team.One source described the information as financial in nature and said the discussion centered on whether the Russians had leverage over Trump's inner circle.

The sources that spoke with CNN, however, cautioned that the Russians might have made up the claim or exaggerated it as part of disinformation tactics.

Michael Flynn, former national security adviser who left after barely three weeks on the job, is under investigation for possible ties to the country that put him in a compromised position.

Meanwhile, Mr Trump rejected the claims Russia may have influenced the USA election and tweeted: "Russian officials must be laughing at the USA & how a lame excuse for why the Dems lost the election has taken over the Fake News".

After Buzzfeed published the dossier, Trump forcefully denied its contents.

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Trump give Russian officials code-word classified intelligence, thereby creating doubt among our allies as to our reliability and impairing information sharing. The reality is, a review of the President's income from the last ten years showed he had virtually no financial ties at all.

"The Russians could be overstating their belief to influence", a source told CNN. Following CNN's report, The New York Times said Trump's campaign chairman Paul Manafort was also discussed. The Post had last week reported that top Trump aide Jared Kushner had tried to create a back-channel communications with Russian Federation.

On Jan. 10, an unverified dossier compiled by a retired British spy alleged that Russian officials had been cultivating Trump as an asset and could blackmail him with kompromat, or comprising material, Buzzfeed News reports.

The Justice Department earlier this month tapped former FBI Director Robert Mueller to serve as special counsel into the investigation.

While the White House statement insisted that Trump has not had financial links with Russian Federation in the last 10 years, it did not deny that he had financial links with Russian Federation in the past before 10 years ago.