Adam Schiff: Cohen’s Guilty Plea Confirms That Trump And His Business Are “Compromised” By Russian Ties

ABC News reports:

The leading Democrat on the House Intelligence Committee said Sunday on “This Week” that there is now a witness in special counsel Robert Mueller’s investigation, President Donald Trump’s former attorney Michael Cohen, who he said confirms that “the president and his business are compromised.”

“There is now testimony, there is now a witness, who confirms that in the same way Michael Flynn was compromised, that the president and his business are compromised,” said Rep. Adam Schiff, D-California, on “This Week” Sunday.

From the transcript of Schiff’s comments:

“The very broad significance here is that there is now testimony there is now a witness who confirms that in the same way Michael Flynn was compromised that the president and his business are compromised.

“The national security, former national security adviser Michael Flynn was compromised because he was saying things publicly that were not true about discussions with the Russians over sanctions.

“Now we have Michael Cohen saying that what the president was saying, what Michael Cohen was saying, and others were saying about hen this business deal ended was not true. And what’s more, the Russians knew it wasn’t true.

“At the same time Donald Trump was the presumptive nominee of the GOP and arguing in favor of doing away with sanctions, he was working on a deal that would require doing away with sanctions for him to make money in Russia. That is a real problem. That means that the compromise is far broader than we thought.”