The Wall Street Journal states Cohen negotiated a deal past year on behalf of Elliott Broidy, a deputy finance chairman for the Republican National Committee. Both Daniels and McDougal allege they had affairs with Trump and that they were paid to be quiet about those encounters.
Broidy confirmed the relationship but stated that it was the woman's decision to terminate the pregnancy.
Through a statement provided by a spokesman, Broidy said he did have a relationship and, at the end of it, the woman told him she was pregnant. "She alone decided that she did not want to continue with the pregnancy and I offered to help her financially during this hard period", Broidy said in a statement provided to the AP.
Comey was abrubtly fired by President Trump previous year and has been unpopular on both sides of the political aisle. In the contract, Broidy denied the undefined personal injury claims, the source said.
"I would like to sincerely apologize to my wife and family for the hurt that I have caused", Broidy said. The money was to be paid to her over two years in quarterly settlements, with the first payment due on December 1, sources told WSJ.
Cohen and Davidson did not respond to requests for comment. She alone decided that she did not want to continue with the pregnancy and I offered to help her financially during this hard period. Daniels at the time of the payment was being represented by Keith Davidson, the same attorney who represented the woman in the Broidy negotiations, according to the Journal.
Under that agreement, she got paid $150,000 for the publisher in exchange for exclusive rights to her story, along with some magazine covers and fitness columns she would write.
"First, we have to find out who breached the agreement", the source told CNN when asked whether she will eventually receive the full $1.6 million.
The person added that so far, "all payments have been made pursuant to the agreement".
The agreement also has parallels to one reached by former Playboy model Karen McDougal, who claims she had a sexual affair with Trump, and National Enquirer publisher American Media Inc.
Last week, federal agents raided Cohen's house, hotel room, and office, prompting outrage from Trump who called it a "witch hunt" and a "disgraceful situation".
And the authorities reportedly seized documents and communications related to the now-infamous "Access Hollywood" tape containing audio of Trump boasting about sexual harassment. Cohen and Trump are now being sued by porn star Stormy Daniels, who seeks to void her own hush deal over an alleged dalliance with Trump for which she was paid $130,000.