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Cohen On The Capitol

 

Before he heads to prison, President Trump’s former attorney heads back to Capitol Hill for a fourth day of testimony.

Here’s a look at the most notable takeaways so far and why they may (or may not) matter.

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WHY COHEN MATTERS

  • Cohen worked with Pres. Trump for more than a decade.
  • One-time defender of Pres. Trump, he later agreed to work with investigators & now, under oath, has accused the Pres. of potentially breaking the law.
  • Sentenced to 3 years in prison for lying to congress, tax fraud, campaign finance violations, etc.
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Russian Business

Cohen testified Trump business dealings w/ Russia continued through election, raising questions about conflict of interest.

Why It Matters: After Cohen’s testimony, House Intelligence Cmte reopened its investigation into Russian interference in the election. 3 other cmtes are seeking info re: Pres. Trump / Putin communications.

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The Names

Cohen named numerous people who he says can back up his claims about Russian interactions, payments, bank & tax documents.

Why It Matters: After Cohen’s testimony, the House Judiciary Cmte. started investigating “corruption, obstruction, and abuses of power”, requesting documents from 81 Trump associates.

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The Checks

Cohen provided checks signed by Pres. Trump he says were meant to repay him for payments he made to Stormy Daniels – part of the basis of Cohen’s campaign finance plea.

Why It Matters: Checks could be used to support a campaign finance violation charge against Pres. Trump. House cmtes are investigating.

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Republican Response

Congress: Once a liar, always a liar. Pointing to Cohen’s conviction for lying to Congress, Republicans argue nothing Cohen says now can be believed.

Pres. Trump: Cohen lied about everything when he testified before Congress *EXCEPT* no Russian collusion. Cohen said under oath he has no direct evidence of collusion.

 

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WHAT'S NEXT FOR COHEN? On May 6, Cohen will head to federal prison to begin serving his three-year sentence. The impact of his testimony and contributions to the Special Counsel investigation remains TBD.

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