UPDATED: Michael Cohen tells lawmakers U.S. President Trump lied about his wealth
Cohen says financial documents show Trump inflated his assets to rank higher on the Forbes world's billionaires list. Trump ranked 766th on the publication's latest list, which was released last March.Democrats have promised an aggressive effort to investigate the president since they regained control of the House in January.
Cohen says that when he and Trump were driving through a "struggling neighbourhood" in Chicago, Trump said that "only black people could live that way."For more than a decade, Cohen was a key power player in the Trump Organization and a fixture in Trump's political life. It's not immediately clear what evidence Cohen has to support the allegation or how legally problematic this claim it might be for Trump.
Meadows made a motion to postpone the hearing. Lawmakers quickly voted to reject the motion and the hearing resumed.A Democratic member of the House Oversight and Reform Committee says that restrictions on questions about Russia have been lifted when the committee questions Michael Cohen, President Donald Trump's former lawyer.
Cohen, who was Trump's longtime fixer, is the first high-profile witness called before the committee as newly empowered Democrats pursue an aggressive effort to investigate the president.
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