Los Angeles-based venture capitalist Elliott Broidy resigned Friday as deputy finance chairman of the Republican National Committee following revelations he paid $1.6 million to a former Playboy model he impregnated.
Broidy, who is married with three children, admitted the affair in a statement in which he apologized to his wife and family “for the hurt that I have caused.”
“I acknowledge that I had a consensual relationship with a Playboy Playmate,” Broidy said. “At the end of our relationship, this woman shared with me that 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 difficult period. We have not spoken since that time.”
According to the Wall Street Journal, which broke the story, and The New York Times, the $1.6 million payment to the woman was brokered by attorney Michael Cohen — President Donald Trump’s personal lawyer whose offices were raided by the FBI on Monday. The woman, meanwhile, was represented by attorney Keith Davidson, who previously represented two women who now claim they had affairs with Trump — former Playmate Karen McDougal and porn actress Stormy Daniels.
Broidy, a former member of the commission that oversees the Los Angeles city Fire and Police Pension Fund, said it was “unfortunate” that his affair — which occurred “between two consenting adults” has become the “subject of a national discussion just because of Michael Cohen’s involvement.”
“Mr. Cohen reached out to me after being contacted by this woman’s attorney, Keith Davidson,” Broidy said. “Although I had not previously hired Mr. Cohen, I retained Mr. Cohen after he informed me about his prior relationship with Mr. Davidson.”
Cohen is a defendant, along with Trump, in a Los Angeles federal lawsuit filed by Daniels, who is trying to invalidate a non-disclosure agreement she signed over her alleged 2006-07 affair with Trump. The White House has denied the allegation.