• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Politics

Michael Cohen Calls Donald Trump a Liar in Prepared Testimony

By
Billy House
Billy House
,
Shahien Nasiripour
Shahien Nasiripour
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Billy House
Billy House
,
Shahien Nasiripour
Shahien Nasiripour
and
Bloomberg
Bloomberg
Down Arrow Button Icon
February 27, 2019, 10:21 AM ET

Donald Trump’s former lawyer and fixer Michael Cohen is set to tell Congress that the president is a liar who repeatedly made false statements about his wealth and his efforts to build a luxury tower in Moscow while running for office, according to a copy of his prepared remarks.

Cohen is also making public copies of the checks he received that he and federal prosecutors in Manhattan have said are reimbursement for hush money he paid to silence adult film actress Stephanie Clifford, also known as Stormy Daniels, who claimed an extramarital affair with Trump. At least one of the checks, dated August 1, 2017, was personally signed by Trump.

Cohen has pleaded guilty to charges of illegal campaign contributions related to the payments.

Cohen is also planning to tell the House Oversight and Reform Committee about alleged misdeeds by his former boss, claiming that Trump knew during the 2016 presidential election that his ally Roger Stone was talking to Julian Assange of WikiLeaks about a release of hacked Democratic National Committee emails.

He also said he’s planning to provide additional documentary evidence to back up some of his claims.

“I am ashamed because I know what Mr. Trump is,” Cohen intends to tell the committee at a public hearing on Wednesday, about the man who he once said he’d take a bullet for. “He is a racist. He is a con man. He is a cheat,” Cohen said in the prepared testimony.

Cohen, who has pleaded guilty to nine felonies, including lying to Congress, and is headed to prison, also is planning to tell the committee that Trump “did not directly tell me to lie to Congress” about the timing of talks to build a Trump Tower in Moscow.

“That’s not how he operates,” Cohen said in the prepared remarks.

Campaign Conversations

But Cohen asserts that in conversations with Trump during the 2016 campaign, “at the same time I was actively negotiating in Russia for him, he would look me in the eye and tell me there’s no business in Russia and then go out and lie to the American people by saying the same thing.”

“In his way, he was telling me to lie,” he wrote.

“I lied to Congress about when Mr. Trump stopped negotiating the Moscow Tower project in Russia. I stated that we stopped negotiating in January 2016,” Cohen wrote in his statement. “That was false — our negotiations continued for months later during the campaign.”

Cohen, in his testimony, says he has first-hand knowledge of — and even some documentary evidence for — a number of questionable and even potentially illegal Trump activities.

One of the biggest accusations involves the 2016 WikiLeaks release.

Telephone Call

“He was a presidential candidate who knew that Roger Stone was talking with Julian Assange about a WikiLeaks drop of Democratic National Committee emails,” Cohen plans to say, recalling a telephone call to Trump from Stone when he was in the room that was put on speaker.

“Mr. Stone told Mr. Trump that he had just gotten off the phone with Julian Assange and that Mr. Assange told Mr. Stone that, within a couple of days, there would be a massive dump of emails that would damage Hillary Clinton’s campaign,” Cohen writes. “Mr. Trump responded by stating to the effect of “wouldn’t that be great.”

Cohen plans to provide the committee a check he says was written from the president’s personal bank account, after he took office, “to reimburse me for the hush money payments I made to cover up his affair with an adult film star and prevent damage to his campaign.”

So, too, is he planning to provide the committee three years of Trump’s financial statements, from 2011-2013, which he gave to Deutsche Bank to inquire about a loan to buy the Buffalo Bills.

Inflated, Deflated

Cohen intends to testify that, “It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes.”

He described his role in the Trump circle as “always stay on message. Always defend. It monopolized my life.”

“Mr. Trump is an enigma. He is complicated, as am I,” Cohen said. “He has both good and bad, as do we all. But the bad far outweighs the good, and since taking office, he has become the worst version of himself. He is capable of behaving kindly, but he is not kind. He is capable of committing acts of generosity, but he is not generous. He is capable of being loyal, but he is fundamentally disloyal.”

Trump’s Brand

Cohen wrote that his former boss never expected to win the Republican nomination in 2016, let alone the general election. He said Trump, a first-time candidate, “ran for office to make his brand great, not to make our country great. He had no desire or intention to lead this nation — only to market himself and to build his wealth and power. Mr. Trump would often say, this campaign was going to be the ‘greatest infomercial in political history’.”

Cohen testified behind closed doors before the Senate Intelligence Committee for hours on Tuesday and will do the same on Thursday before the House Intelligence panel. Questions will focus in part on his role in Special Counsel Robert Mueller’s investigation.

White House Press Secretary Sarah Huckabee Sanders said in a statement on Tuesday that “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.”

Sharp Debate

His appearance has generated sharp debate along party lines.

“Obviously, he has a story to tell and he wants to tell it. And I want him to tell it,” said Democrat Gerald Connolly, a Virginia Democrat and the chairman of the Oversight subcommittee on government operations. When it comes to Trump’s businesses and Trump personally, Connolly said, “This is not just some marginal figure.”

But Representative Jim Jordan of Ohio, the Oversight panel’s top Republican, says there’s nothing to be gained.

“That’s right,” Jordan said in a tweet. “Oversight Dems first big witness: a guy going to prison in two months for LYING TO CONGRESS.”

About the Authors
By Billy House
See full bioRight Arrow Button Icon
By Shahien Nasiripour
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
1 day ago
placeholder alt text
C-Suite
Fortune 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
2 days ago
placeholder alt text
Success
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire's $100 million gift
By Jacqueline MunisJanuary 28, 2026
23 hours ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
24 hours ago
placeholder alt text
Real Estate
Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis
By Sydney Lake and Nick LichtenbergJanuary 26, 2026
3 days ago
placeholder alt text
Success
Billionaire Mark Cuban spends hours reading 1,000 emails a day on 3 devices—yet he’s telling Gen Z to shut their phones, get outside, and have more fun
By Preston ForeJanuary 28, 2026
1 day ago

Latest in

omar
PoliticsMinnesota
Trump on Ilhan Omar getting apple cider vinegar squirted on her: ‘She probably had herself sprayed, knowing her’
By Alanna Durkin Richer, Steve Karnowski and The Associated PressJanuary 29, 2026
5 minutes ago
man
HealthHealth
Life is actually getting better—and longer—for Americans, despite everything you read in the news
By Mike Stobbe and The Associated PressJanuary 29, 2026
12 minutes ago
trump
PoliticsImmigration
Trump backlash over ICE builds across American culture, from The Boss to Sam Altman to Martha Stewart
By Steve Peoples and The Associated PressJanuary 29, 2026
33 minutes ago
ms shirley
LawObituary
TikTok’s ‘Ms. Shirley,’ who drew 5 million followers watching her care for the homeless, dies at 58
By Rebecca Boone and The Associated PressJanuary 29, 2026
42 minutes ago
Claude 4 illustration
AIAnthropic
AI writes 100% of the code at Anthropic, OpenAI top engineers say—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
58 minutes ago
Economynational debt
$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’
By Nick LichtenbergJanuary 29, 2026
1 hour ago