Acting Attorney General Todd Blanche told Congress the Justice Department will not proceed with a $1.8 billion “anti-weaponization” fund tied to an IRS settlement with President Trump. Blanche said other parts of the settlement, including limits on audits of past Trump tax returns, remain in place.
Posts tagged as “Michael Cohen”
Michael Cohen, former fixer for Donald Trump, admitted in a court filing that he had accidentally submitted fictitious AI-generated citations to a court as part of a motion to end his court supervision early. The citations were discovered after a judge asked for an explanation, and Cohen's lawyer, Roger Adler, said he "did not realize they were not real" and "regrets the error". It is unclear how the revelation of the fictitious citations will affect the outcome of the motion.
Former President Donald Trump was called to testify in a Manhattan courtroom Wednesday in a $250 million fraud case, and was fined $10,000 for violating a gag order. Michael Cohen, Trump's former lawyer, finished his contentious testimony in the afternoon, and Trump's attorney Alina Habba was objected to by a lawyer with the New York attorney general's office. After the court day ended, Trump returned to the courtroom and was seen giving a thumbs-up to Cohen, and the case is ongoing with no comment yet from Trump's attorney.
This trial is the first time former President Donald Trump and his former lawyer Michael Cohen have been in the same room since Cohen was sentenced in 2018. Cohen is accused of helping to defraud the Trump Organization by inflating the value of assets in order to obtain loans, and has testified that Trump was aware of the fraud. Trump's lawyers have denied the allegations and argued that the case is politically motivated. The trial is expected to last several weeks and will include testimony from other witnesses.
In a civil fraud trial in New York, former President Donald Trump and his former fixer Michael Cohen faced off for the first time in five years. Cohen testified that Trump would come up with his own net worth estimations and it was his responsibility to reverse engineer the numbers. Trump voluntarily attended the trial for a sixth day this month, while Cohen didn't look at Trump while walking past him to testify. The trial is expected to continue for the next few weeks.
During Trump's civil fraud trial in New York, evidence was presented that the Trump Organization considered adding a "presidential premium" to certain assets to increase his net worth. This was after Forbes magazine revealed that Trump's Manhattan triplex was about a third of the size he had long claimed, and thus far less valuable. Trump's former attorney Michael Cohen has also testified that Trump had previously inflated his assets to lenders.
President Donald Trump has decided to temporarily pause his lawsuit against Michael Cohen, his former lawyer, due to a busy schedule of civil and criminal battles, as well as his 2024 presidential campaign. The lawsuit was filed in April 2018, alleging that Cohen had defamed him by making false statements to the media, and was dismissed in August 2018, but Trump appealed the decision. It is unclear when Trump will resume the lawsuit, but it is likely to remain on hold for the foreseeable future.
Former President Donald Trump may be facing a financial catastrophe, according to his former attorney Michael Cohen, after a New York Judge ordered the dissolution of some of Trump's companies and New York Attorney General Letitia James filed a $250 million civil lawsuit against Trump and others at the Trump Organization. White House Press Secretary Jen Psaki called the ruling a "corporate death sentence" for Trump, and Cohen echoed the sentiment, saying it is "the deathblow to Donald." The lawsuit is set to play out in a courtroom in lower Manhattan, with potential dire consequences for Trump.