The bombshell story comes just one day after the New York Times revealed that the FBI opened a joint counterintelligence and criminal investigation into whether the president was working for Russian Federation against American interests when he fired FBI Director James Comey in 2017.
"I think it's the most insulting thing I have ever been asked", Trump said.
Senate Democrats will force a vote this week to overturn the Treasury Department's move to relax sanctions on companies connected to a Russian oligarch, pushing the various facets of the 2016 Russia election meddling probe back to the forefront.
The Post reported that Trump has gone to "extraordinary lengths" to hide details of his conversations with Putin, including on at least one occasion taking possession of the notes of his own interpreter and instructing the linguist not to discuss what had transpired with other administration officials.
"I'm not keeping anything under wraps", Mr Trump told Fox News while referring to the latest report.
There is "no detailed record, even in classified files" of Trump's face-to-face meetings with Putin, the Post reported.
Trump also took the opportunity during the 25-minute interview to touch on several other topics including the government shutdown, the US-Mexico border, and a potential race against former Vice President Joe Biden.
The paper says Mr Trump concealed details of his conversations with Mr Putin from senior officials in his administration, quoting unnamed current and former United States officials. "I think it's the most insulting article I've ever had written, and if you read the article you'll see that they found absolutely nothing". On one occasion, Trump even went so far as to confiscate his interpreter's notes to prevent others from knowing what was discussed.
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FBI agents and senior officials began to suspect connections between Trump and Russian Federation during the 2016 campaign but pushed off an investigation partially because they were unsure how to execute such a massive and sensitive operation, sources told the Times.
Robert Mueller inherited the obstruction of justice investigation when he was named special counsel shortly after Comey's firing.
In a strongly worded reaction, White House press secretary Sarah Sanders said, "This is absurd". "I mean, I had a conversation like every president does".
Trump did so after a meeting with Putin in 2017 in Hamburg that was also attended by then-Secretary of State Rex Tillerson.
The New York Times last week reported that Manafort attempted to pass polling data during the 2016 campaign to Mr. Deripaska. You sit with the president of various countries. "Anyone could have listened to that meeting". Counterintelligence investigators had to consider whether the president's own actions constituted a possible threat to national security.
Former US officials told the The Washington Post that Trump's behavior is at odds with the known practice of previous presidents, who rely on senior aides to witness such meetings. Lindsey Graham (R-S.C.), the new committee chairman, to hold investigative hearings into whether Trump has been "compromised by" Russian Federation.
Schumer says it's important the sanctions remain in place while the special counsel's Russian Federation investigation proceeds.