Michael Cohen testifies he was told to boost Donald Trump's asset values 'arbitrarily'

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Michael Cohen testifies he was told to boost Donald Trump's asset values 'arbitrarily'
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Five years after turning on a boss that he once pledged to “take a bullet” for, Cohen is a key witness in Trump's New York trial.

faced off with him at the former president's civil fraud trial Tuesday, testifying that he worked to boost asset values to"whatever number Trump told us to.”

“I’m not worried at all about his testimony," Trump said. “You see what his record is. He’s not a credible witness.” Trump says his assets were actually undervalued, and he maintains that disclaimers on his financial statements essentially told recipients to check the numbers out for themselves. James has credited Cohen as the impetus for her civil investigation, which led to the fraud lawsuit being decided at the trial. She cited Cohen’s testimony to Congress in 2019 that Trump had a history of misrepresenting the value of assets to gain favorable loan terms and tax benefits.

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