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Daily Trends Now

Cohen plans scathing testimony about Trump, Russia and Stormy Daniels

Cohen plans scathing testimony about Trump, Russia and Stormy Daniels

President Trump's former lawyer and fixer Michael Cohen returns this week to Capitol Hill, where he is expected to deliver specific and scathing testimony about his former boss's business interests in Russian Federation and a scheme to buy the silence of adult film actress Stormy Daniels before the 2016 election.

"It's laughable that anyone would take a convicted liar like Cohen at his word, and pathetic to see him given yet another opportunity to spread his lies", White House spokeswoman Sarah Sanders said.

Expectations are high for potentially explosive testimony by Trump's onetime fixer in a public hearing before the House Oversight and Reform Committee.

He will go behind closed doors again when he talks to the House intelligence committee on Thursday.

Republican Senator Roy Blunt told CBS on Sunday that Cohen lying was "totally unacceptable", and "he's going to go to jail because of it".

While those close to Trump are said to be anxious about what will come out of the hearings, they are also confident that Republican allies on the House Committee on Oversight will lay into Cohen. But they might not deliver the kind of devastating blow to the president that the most hardcore anti-Trump Democratic activists and voters expect or crave. Cohen is expected to discuss his involvement in plans to develop a Trump Tower in Moscow and whether the president directed him to lie to Congress.

It cited an unnamed person familiar with Cohen's planned testimony to Congress on Wednesday.

Federal prosecutors in NY have said Trump directed Cohen to arrange the payments to buy the silence of porn actress Stormy Daniels and former Playboy model Karen McDougal in the run-up to the 2016 campaign.

Cohen has been disbarred, according to a decision by a New York state appeals court in Manhattan released Tuesday and first reported by the New York Post. "Mr. Cohen also will make public some of Mr. Trump's private financial statements and allege that Mr. Trump at times inflated or deflated his net worth for business and personal purposes, including avoiding paying property..."

In a key aspect of his case - the illegal use of campaign funds for hush payments ahead of the 2016 election - Cohen told prosecutors that he was ordered to do so by Trump himself, directly implicating the president in a crime. In a bombshell revelation a year ago, Cohen admitted in federal court that he made the payments "at the direction of" then-candidate Trump. He is scheduled to meet Tuesday with the Senate Intelligence Committee.

The Oversight committee plans to examine Trump's compliance with tax and campaign-finance laws, his potential conflicts of interest, and any payments made to influence the 2016 election, according to a memo from committee chair Elijah Cummings.


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