DealBook Briefing: Cohen Trashes Trump’s Business Image - News Summed Up

DealBook Briefing: Cohen Trashes Trump’s Business Image


Brand Trump takes a beating in CongressYesterday’s testimony by Michael Cohen, President Trump’s former personal lawyer, before the House Oversight Committee was full of theatrics. Mr. Trump inflated his net worth to apply for bank loans, according to Mr. Cohen. Democratic lawmakers pushed Mr. Cohen to talk about other kinds of fraud. Representative Alexandria Ocasio-Cortez, for instance, asked him whether Mr. Trump inflated the value of assets when insuring them. The testimony may have hurt Mr. Trump’s inner circle.


Source: New York Times February 28, 2019 11:53 UTC



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