Michael Cohen testifies before Congress

By Meg Wagner, Veronica Rocha and Amanda Wills, CNN

Updated 6:55 p.m. ET, February 27, 2019
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10:59 a.m. ET, February 27, 2019

Cohen: Trump knew about the release of the hacked DNC emails ahead of time

In his opening statement, Michael Cohen claimed that President Trump knew about the released of hacked emails from the Democratic National Committee before they dropped.

Cohen went on to describe Trump's knowledge of the emails:

"As I earlier stated, Mr. Trump knew from Roger Stone in advance about the Wikileaks drop of emails. In July of 2016, days before the Democratic convention, I was in Mr. Trump's office when his secretary announced that Roger Stone was on the phone. Mr. Trump put Mr. Stone on the speakerphone. 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."

Trump, he said, responded "wouldn't that be great."

Watch the moment here:

10:45 a.m. ET, February 27, 2019

Cohen says Trump is a racist: "In private, he is even worse"

Michael Cohen said that while President Trump has publicly made racists statements, he is "even worse" when talking behind closed doors.

"Mr. Trump is a racist. The country has seen Mr. Trump court white supremacists and bigots. You have heard him call foreign countries shitholes," he said. "In private, he is even worse."

Cohen then recounted some of the private statements Trump made to him:

"He once asked me if I could name a country run by a black wasn't that wasn't a shithole. This was when Barack Obama was President of the United States," Cohen testified. "And while we were once driving through a struggling neighborhood in Chicago, he commented that only black people could live that way. And he told me that black people would never vote for him because they were too stupid."

10:45 a.m. ET, February 27, 2019

Why it's extremely difficult for Cohen to lie or dodge questions today

From CNN's Katelyn Polantz

The circumstances of this hearing following Cohen’s cooperation with special counsel Mueller make it extremely difficult for him to lie or dodge questions.

The Special Counsel’s Office made it clear in court that they believe what Cohen told him. They almost certainly have asked him about his interactions with the President regarding Russia and Roger Stone, given their allegations about Stone in court and how thorough they’ve been—and will likely know if his statements today are perjury.

Prosecutor Jeannie Rhee went out of her way to speak about how careful Cohen was since pleading guilty.

She said at his sentencing:

“Finally, your Honor, what we want to highlight for this Court is that one of the things that we and the Special Counsel's Office have most appreciated about Mr. Cohen's assistance is that he has provided valuable information, investigative information, to us while taking care and being careful to note what he knows and what he doesn't know. Rather than inflate the value of any information that he has brought forward to us in what he had to provide, Mr. Cohen has sought to tell us the truth, and that is of utmost value to us as we seek in our office to determine what in fact occurred. And so we want to highlight that for the Court and to underscore what we set out in our submission about the value, the nature, the reliability, and the credibility of Mr. Cohen's assistance.”

The Special Counsel’s Office said Tuesday it would decline to comment on Cohen’s truthfulness “beyond what was said in court.”

10:39 a.m. ET, February 27, 2019

Cohen says Trump directed negotiations on Trump Tower in Moscow

President Trump's former lawyer Michael Cohen said the President "knew of and directed" negotiations about theTrump Tower project in Moscow:

"So to be clear, Mr. Trump knew of and directed the Trump Moscow negotiations throughout the campaign and lied about it. He lied about it because he never expected to win. He also lied about it because he stood to make hundreds of millions of dollars on the Moscow real estate project."

Cohen added that Trump's team "reviewed and edited" a statement he gave to Congress about the project:

"There were at least a half a dozen times between the Iowa caucus in January of 2016 and the end of June when he would ask me, how's it going in Russia, referring to the Moscow tower project. You need to know that Mr. Trump's personal lawyers reviewed and edited my statement to Congress about the timing of the Moscow tower negotiations before I gave it."

Remember: Cohen has pleaded guilty to lying to Congress about the Russia investigation.

10:41 a.m. ET, February 27, 2019

Cohen says he lied to Congress "to protect" Trump

Michael Cohen apologized to Congress today for lying in his previous testimony before them, saying he did so to protect President Trump.

"The last time I appeared before Congress, I came to protect Mr. Trump. Today I am here to tell the truth about Mr. Trump," he said.

Cohen, who was sentenced to three years in prison for crimes that included arranging payments during the 2016 election to silence women who claimed affairs with Trump, said he working on "a path of redemption."

Watch the moment here:

10:34 a.m. ET, February 27, 2019

Republican playbook – attack famous liberals

From CNN's Dan Berman

In his opening statement, GOP Rep. Jim Jordan wasted no time in going after some non-lawmakers: Tom Steyer and Lanny Davis.

Steyer is the liberal billionaire who has spearheaded an expensive effort to impeach President Donald Trump. He’s also spent tens of millions of dollars this decade trying to elect Democrats and promote an agenda to address climate change.

Davis, Cohen's lawyer who is sitting behind him at today's hearing, is a long-time Washington hand.

He was President Bill Clinton’s White House counsel (he left before the Lewinsky scandal) and has represented clients such as the Washington Redskins, Alex Rodriguez, Martha Stewart and Penn State University in the wake of the Jerry Sandusky sexual abuse scandal.

10:55 a.m. ET, February 27, 2019

Cohen: "I regret the day I said yes to Mr. Trump."

President Trump's attorney Michael Cohen said he regrets the day he said "yes" to his boss.

"Never in a million years did I imagine when I accepted a job in 2007 to work for Donald Trump that he would one day run for the presidency, to launch a campaign on a platform of hate and intolerance and actively win. I regret the day I said yes to Mr. Trump," he said.

"I regret all the help and support I gave him along the way," he said.

Cohen said he had "misplaced loyalty" and he is ashamed that he "chose to take part in concealing Mr. Trump's illicit acts."

Here's how he put it:

"I am ashamed of my weakness and my misplaced loyalty, of the things I did for Mr. Trump in an effort to protect and promote him. I am ashamed that I chose to take part in concealing Mr. Trump's illicit acts, rather than listening to my own conscience. I am ashamed because I know what Mr. Trump is. He is a racist, he is a conman, and he is a cheat."
10:27 a.m. ET, February 27, 2019

Cohen swears to tell the truth

President Trump's former fixer Michael Cohen was just sworn in ahead of his testimony before Congress.

"Mr. Cohen, if you would please rise, I will begin to swear you in. Raise your right hand. Do you swear or affirm that the testimony that you are about to give is the whole truth and nothing but the truth, so help you God?" House Oversight Chairman Elijah Cummings asked.

Cohen said he did.

Remember: In November, Cohen pleaded guilty to lying to Congress, a charge from special counsel Robert Mueller's office.

10:53 a.m. ET, February 27, 2019

GOP congressman criticizes Cummings for allowing "convicted perjurer" to testify

GOP Rep. Jim Jordan, ranking member of the House Oversight Committee, criticized Chairman Elijah Cummings for holding a hearing and allowing Michael Cohen to testify:

"This might be the first time someone convicted of lying to Congress has appeared again so quickly in front of Congress. Certainly it's the first time a convicted perjurer has been brought back to be a star witness in a hearing. And there's a reason this is a first, because no other committee would do it. Think about this."

Jordan claimed the hearing was orchestrated by Cohen's legal consultant and spokesman, Lanny Davis.

"So now Clinton loyalist, Clinton operative Lanny Davis has persuaded the chairman of the oversight committee to give a convicted felon a forum to tell stories and lie about the president of the United States so they can all start their impeachment process. Mr. Chairman, we are better than this. We are better than this," Jordan said. 

Watch Rep. Jordan's comments: