NEW: Law Enforcement Preparing for Trump Indictment in the Next Week
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How much is Michael Cohen’s testimony worth at this point?

I wrote about how his former legal adviser Robert Costello told the grand jury considering the case against President Donald Trump that Cohen was a serial liar, “far from solid evidence,” and that Cohen had told him that he never told Trump about the payment to Stormy Daniels, the crux of the case against President Donald Trump.

Now there’s more evidence that has newly surfaced that also throws a gut punch into the DA’s case.

In a 2018 letter that Michael Cohen’s then-lawyer wrote to the Federal Election Commission, Cohen said that he “used his own personal funds to facilitate a payment of $130,000 to Ms. Stephanie Clifford,” aka Stormy Daniels, in 2016. That also matches what Cohen told Costello.

“Neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed Mr. Cohen for the payment directly or indirectly,” Cohen lawyer Stephen Ryan said in the Feb. 2018 letter.

Mr. Cohen has not been a government employee during any of the relevant time period. The payment in question does not constitute a campaign contribution or expenditure and, therefore, the FEC lacks jurisdiction over this matter. The complainants have not and cannot present any evidence to the contrary. Accordingly, the complaint should be dismissed.’

The letter contradicts what Cohen said later after he flipped on Trump to try to stay out of jail and presumably it also contradicts what he said to the grand jury.

It adds more to the weight of the things adding up and causing the case to crumble around the Manhattan DA. We saw Alvin Bragg postpone the grand jury proceedings for Wednesday, with sources indicating that the grand jury might be questioning the case against Trump and that there was dissension in the ranks of the DA’s office over the case.

President Donald Trump has responded to the bombshell letter calling the letter “exculpatory.” It looks like Trump has a better sense of what can be exculpatory than does a Biden judicial nominee who doesn’t even seem to understand what the Brady case refers to — the requirement of the prosecution to turn over to the defense any exculpatory evidence that they may have.

Other legal experts also said this was likely to help Trump’s case.

Former Brooklyn prosecutor Julie Rendelman said the 2018 letter could help Trump’s defense if he’s prosecuted by Manhattan District Attorney Alvin Bragg over the Daniels payment.

“I think it’s just going to open the door to additional questions of his credibility and give more opportunity for further cross-examination — as though they didn’t have enough,” Rendelman said.

Former Manhattan prosecutor Michael Bachner also said Cohen could prove problematic because he “may or may not be telling the absolute truth about what occurred.”

“Whenever you have as a significant or star witness in your case — an individual who has an enormous amount of baggage, including having made false statements in the past — that is a very serious problem,” Bachner said.

Exactly. It shows one more instance of Cohen not telling the truth and that undermines the case even more. No wonder Bragg is having trouble in the case. I wonder if the grand jury has seen this letter.

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