Will the market crash if Trump is impeached?

24 August, 2018, 01:24 | Author: Salvatore Jensen
  • Sanders says it's ridiculous to accuse the lying president of lying

Cohen told a federal judge that he made secret payments to two women during the 2016 presidential campaign to keep them from speaking publicly about affairs they had said they had with Trump.

"If I ever got impeached, I think the market would crash".

"As this moves forward, as we saw with Michael Cohen, there's a number of unanswered issues at the time, and I think this is where it's going to move forward to". Debates about whether you can indict a president do not excuse Congress from its responsibility to impeach Trump for "treason, bribery, or other high crimes & misdemeanors, '" said Waters in her tweet.

Raising the specter of removal from office, President Donald Trump says that impeachment would wreck the stock market and the economy because he is doing such a good job.

Vanity Fair's Gabriel Sherman-who first reported on the immunity deals for David Pecker and Dylan Howard, AMI's chairman and chief content officer respectively-noted on Thursday that AMI was "Trump's most powerful media ally next to Fox News".

Trump was responding to speculation that Democrats would seek to impeach the president should they re-take the House of Representatives in November's midterm elections.




Trump was evasive when asked in the Fox News interview if he had instructed Cohen to make the payments, saying that his former lawyer "made the deals", and insisted that Cohen's actions were "not a crime".

Trump faced perhaps the worst day of his presidency on Tuesday when his personal lawyer, Michael Cohen, implicated him in a crime at nearly the same time his former campaign chairman, Paul Manafort, was convicted on eight counts of tax-and bank-fraud charges, boosting Special Counsel Robert Mueller's investigation.

Trump then said the hush payments were financed with his own money - to which Cohen had access - and that while he had no knowledge of them at the time, he had since been fully transparent.

According to the court filing, Cohen and Pecker worked to suppress potentially damaging claims against candidate Trump, with AMI using a tabloid tactic called "catch and kill". "For 30, 40 years I've been watching flippers". He said recently he knew about payments "later on".

In an exclusive interview with Earhardt on Thursday, Trump acknowledged his former personal attorney's guilty plea and expressed an apparent frustration over Cohen's legal woes. "It nearly ought to be outlawed".

Both cases resulted, at least in part, from the work of special counsel Robert Mueller, who is investigating Russia's attempts to sway voters in the 2016 election. Trump has denied having an affair with either woman.

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