
During Michael Cohen's testimony, he implicated his former boss, Donald Trump, in a hush money scheme involving payments to Stormy Daniels just days before the 2016 election. Cohen stated that he paid $130,000 at Trump's direction and was promised reimbursement. This testimony connects Trump to allegations of breaking the law by falsifying business records to conceal the hush money payment.
Key takeaways from Cohen's testimony include his detailed account of working with former National Enquirer editor David Pecker to suppress negative stories about Trump during the 2016 campaign. Cohen also revealed how he kept Trump informed about his negotiations with the attorney for Daniels and former Playboy model Karen McDougal regarding hush money payments. Additionally, Cohen testified that Trump approved and was aware of the false repayment scheme for the Daniels payment in 2017.