RUSH TRANSCRIPT No turning ░░░░░░░░ now for Michael Cohen ░░░░░░░░ is a big glaring ░░░░░░░░ We want to bring ░░░░░░░░ CNN Political analyst David ░░░░░░░░ Attorney Michael Avenatti David ░░░░░░░░ want to go with ░░░░░░░░ First I want to ░░░░░░░░ about the legal Implications ░░░░░░░░ What legal questions if ░░░░░░░░ Does this raise Well ░░░░░░░░ Cohen is under Criminal ░░░░░░░░ by Federal prosecutors in ░░░░░░░░ York For a number ░░░░░░░░ things but one Of ░░░░░░░░ things is the potential ░░░░░░░░ finance violations When you ░░░░░░░░ receiving money for A ░░░░░░░░ you need to report ░░░░░░░░ to the FCC In ░░░░░░░░ the president signed a ░░░░░░░░ that actually it is ░░░░░░░░ crime To lie on ░░░░░░░░ which he said you ░░░░░░░░ this is a list ░░░░░░░░ the Contribution to the ░░░░░░░░ and Expenditures and so ░░░░░░░░ So I don t ░░░░░░░░ it was in the ░░░░░░░░ we just played but ░░░░░░░░ Was actually discussion about ░░░░░░░░ related to certain news ░░░░░░░░ how we need to ░░░░░░░░ it Past a certain ░░░░░░░░ suggesting That there is ░░░░░░░░ importance of Having some ░░░░░░░░ this news delayed Until ░░░░░░░░ the election That I ░░░░░░░░ is a very Important ░░░░░░░░ that prosecutors Would look ░░░░░░░░ Also obviously a payment ░░░░░░░░ Cash That will be ░░░░░░░░ debated One thing I ░░░░░░░░ say is even if ░░░░░░░░ believe the White House ░░░░░░░░ Take that the president ░░░░░░░░ Saying don t pay ░░░░░░░░ cash why Would he ░░░░░░░░ that Michael Cohen would ░░░░░░░░ a six figure Payment ░░░░░░░░ cash The mere fact ░░░░░░░░ re discussing That possibility ░░░░░░░░ also Potentially something that ░░░░░░░░ are going to be ░░░░░░░░ in because you don ░░░░░░░░ Make very large cash ░░░░░░░░ Unless you want to ░░░░░░░░ Something I am David ░░░░░░░░ there is a new ░░░░░░░░ We just had stu ░░░░░░░░ on He worked for ░░░░░░░░ years at the Parent ░░░░░░░░ Ami and he said ░░░░░░░░ cash or a check ░░░░░░░░ Have been made because ░░░░░░░░ Wouldn t have been ░░░░░░░░ Darrell Haken the head ░░░░░░░░ the Parent company had ░░░░░░░░ a Symbiotic relationship with ░░░░░░░░ Trump they are watching ░░░░░░░░ other s backs Maybe ░░░░░░░░ never was that Transaction ░░░░░░░░ it never had to ░░░░░░░░ made Because they had ░░░░░░░░ a long Friendship Still ░░░░░░░░ point is that the ░░░░░░░░ is now coming out ░░░░░░░░ payment or no payment ░░░░░░░░ finance law broken or ░░░░░░░░ the truth is coming ░░░░░░░░ and The people around ░░░░░░░░ Trump Did not represent ░░░░░░░░ truth to The American ░░░░░░░░ Right and the question ░░░░░░░░ Did they know Were ░░░░░░░░ just going based on ░░░░░░░░ he told them and ░░░░░░░░ Questioning it Were they ░░░░░░░░ to That s a ░░░░░░░░ of it The other ░░░░░░░░ is Michael Cohen On ░░░░░░░░ tape and what s ░░░░░░░░ In this conversation makes ░░░░░░░░ Clear that they were ░░░░░░░░ Familiar with this process ░░░░░░░░ That the president was ░░░░░░░░ naive About it Michael ░░░░░░░░ making a reference To ░░░░░░░░ of that stuff so ░░░░░░░░ Were other relationships and ░░░░░░░░ kinds of business related ░░░░░░░░ this that was out ░░░░░░░░ And what may be ░░░░░░░░ here is The Stormy ░░░░░░░░ payment where There was ░░░░░░░░ corporation set up And ░░░░░░░░ payment was made That ░░░░░░░░ be what prosecutors are ░░░░░░░░ at for bank fraud ░░░░░░░░ Michael Cohen could face ░░░░░░░░ a Charge as well ░░░░░░░░ a violation of A ░░░░░░░░ finance law And the ░░░░░░░░ point even than That ░░░░░░░░ where is Michael Cohen ░░░░░░░░ Head He has been ░░░░░░░░ thinking The president is ░░░░░░░░ for Office He clearly ░░░░░░░░ to brawl with The ░░░░░░░░ Maybe he thought he ░░░░░░░░ be Protected And his ░░░░░░░░ Lanny Davis who Has ░░░░░░░░ hired as someone who ░░░░░░░░ go on television and ░░░░░░░░ Battle with Rudy Giuliani ░░░░░░░░ To make it clear ░░░░░░░░ Michael Cohen is not ░░░░░░░░ to be pushed Around ░░░░░░░░ and he says There ░░░░░░░░ other tapes and other ░░░░░░░░ So does Michael Avenatti ░░░░░░░░ Represents Stormy Daniels So ░░░░░░░░ reality is there may ░░░░░░░░ More to come that ░░░░░░░░ Embarrassing or the other ░░░░░░░░ Card is to what ░░░░░░░░ does Michael Cohen cooperate ░░░░░░░░ Robert Mueller the prosecutor ░░░░░░░░ the Russian investigation Does ░░░░░░░░ have anything to add ░░░░░░░░ We don t know ░░░░░░░░ answer to that But ░░░░░░░░ will certainly poke at ░░░░░░░░ Trump You heard the ░░░░░░░░ Michael Avenatti talks He ░░░░░░░░ the conversation with Our ░░░░░░░░ David That s like ░░░░░░░░ ripoff of Godfather II ░░░░░░░░ be sure Then avenatti ░░░░░░░░ on to Michael Cohen ░░░░░░░░ talk about all the ░░░░░░░░ indicating there is more ░░░░░░░░ And David brings up ░░░░░░░░ Possibility that maybe Michael ░░░░░░░░ has more If you ░░░░░░░░ making a public case ░░░░░░░░ a pr case or ░░░░░░░░ legal Case don t ░░░░░░░░ lead with your Best ░░░░░░░░ stuff first Wouldn t ░░░░░░░░ imagine this is the ░░░░░░░░ biggest stuff that Cohen ░░░░░░░░ and he s trying ░░░░░░░░ embarrass The president Potentially ░░░░░░░░ depends on what Cohen ░░░░░░░░ angle Is Cohen may ░░░░░░░░ trying to get a ░░░░░░░░ here Don t forget ░░░░░░░░ he s really Trying ░░░░░░░░ cooperate with Prosecutors they ░░░░░░░░ have This tape They ░░░░░░░░ t need to get ░░░░░░░░ from Michael Cohen They ░░░░░░░░ t need to watch ░░░░░░░░ to Hear the tape ░░░░░░░░ s really interesting for ░░░░░░░░ Of us to listen ░░░░░░░░ it but Federal prosecutors ░░░░░░░░ have It And they ░░░░░░░░ prefer if Michael Cohen ░░░░░░░░ talking to them in ░░░░░░░░ I generally when I ░░░░░░░░ a Federal prosecutor I ░░░░░░░░ not Want my witnesses ░░░░░░░░ on Television or anywhere ░░░░░░░░ and Getting themselves on ░░░░░░░░ record Where they could ░░░░░░░░ Have those words be ░░░░░░░░ against Them on the ░░░░░░░░ stand So he s ░░░░░░░░ here angling for Prosecutors ░░░░░░░░ s trying to do ░░░░░░░░ Else Perhaps for the ░░░░░░░░ to Say look I ░░░░░░░░ stuff on you I ░░░░░░░░ continue talking but if ░░░░░░░░ Get a pardon maybe ░░░░░░░░ ll clam Up So ░░░░░░░░ to put all of ░░░░░░░░ Into the landscape of ░░░░░░░░ Trump yesterday saying to ░░░░░░░░ Rally saying to his ░░░░░░░░ Don t believe what ░░░░░░░░ hear Don t believe ░░░░░░░░ you read Don t ░░░░░░░░ your own lying Eyes ░░░░░░░░ m paraphrasing that part ░░░░░░░░ It What you re ░░░░░░░░ what You re reading ░░░░░░░░ not what s Happening ░░░░░░░░ is a direct quote ░░░░░░░░ What he said because ░░░░░░░░ is Creating this alternative ░░░░░░░░ so that none of ░░░░░░░░ Facts seem to stick ░░░░░░░░ and the truth is ░░░░░░░░ Rejects that claim from ░░░░░░░░ President It s so ░░░░░░░░ that the president Of ░░░░░░░░ United States would say ░░░░░░░░ don t believe what ░░░░░░░░ re reading and what ░░░░░░░░ re Seeing He s ░░░░░░░░ criticism of the Press ░░░░░░░░ of the media Generally ░░░░░░░░ is certainly Fair to ░░░░░░░░ really dangerous Level And ░░░░░░░░ other point that Undermines ░░░░░░░░ is that it really ░░░░░░░░ an indictment of himself ░░░░░░░░ what he says and ░░░░░░░░ You hear from him ░░░░░░░░ what cannot Be trusted ░░░░░░░░ it s Contradicted by ░░░░░░░░ tape He contradicts himself ░░░░░░░░ you have to do ░░░░░░░░ the latest Example he ░░░░░░░░ publicly we re Not ░░░░░░░░ to apologize anywhere Around ░░░░░░░░ world Less than a ░░░░░░░░ of apologizing Blaming America ░░░░░░░░ the Relationship with Russia ░░░░░░░░ it s an indictment ░░░░░░░░ his own Words and ░░░░░░░░ own actions I think ░░░░░░░░ s what people need ░░░░░░░░ take away from it ░░░░░░░░ said Vladimir Putin needs ░░░░░░░░ help the Democrats a ░░░░░░░░ After he said he ░░░░░░░░ help Donald Trump He ░░░░░░░░ he did not believe ░░░░░░░░ Putin disrupted the Election ░░░░░░░░ 2016 The truth is ░░░░░░░░ truth here We all ░░░░░░░░ it and now we ░░░░░░░░ all Hearing it when ░░░░░░░░ comes to the Michael ░░░░░░░░ tape One other sentence ░░░░░░░░ want to Highlight and ░░░░░░░░ about the Legal implications ░░░░░░░░ Donald Trump asks what ░░░░░░░░ we Got to pay ░░░░░░░░ this 150 He again ░░░░░░░░ talking about this Knowledge ░░░░░░░░ possession by Ami The ░░░░░░░░ Enquirer Donald Trump puts ░░░░░░░░ price on This information ░░░░░░░░ it s Worth 150 ░░░░░░░░ imagine he s talking ░░░░░░░░ 150 000 as it ░░░░░░░░ What does that tell ░░░░░░░░ If there is value ░░░░░░░░ monetary Value placed on ░░░░░░░░ Ami has Does that ░░░░░░░░ raise campaign Finance possible ░░░░░░░░ For sure and also ░░░░░░░░ Suggests once again that ░░░░░░░░ Was a fairly commonplace ░░░░░░░░ of Transaction for the ░░░░░░░░ at That time If ░░░░░░░░ told you I had ░░░░░░░░ Information about you and ░░░░░░░░ Wanted a payment or ░░░░░░░░ could Pay to have ░░░░░░░░ hushed up I Doubt ░░░░░░░░ would just pull a ░░░░░░░░ out of the sky ░░░░░░░░ say Oh sure 150k ░░░░░░░░ most of us that ░░░░░░░░ be Hard to fathom ░░░░░░░░ would spend a lot ░░░░░░░░ time Figuring out whether ░░░░░░░░ wanted To pay why ░░░░░░░░ wanted to pay What ░░░░░░░░ might be worth It ░░░░░░░░ be a different kind ░░░░░░░░ Conversation For these two ░░░░░░░░ it seemed to B ░░░░░░░░ as usual the same ░░░░░░░░ you and I would ░░░░░░░░ about Getting coffee in ░░░░░░░░ morning Go ahead David ░░░░░░░░ brought up something Earlier ░░░░░░░░ that I was Just ░░░░░░░░ about We ve seen ░░░░░░░░ movie before Inspector of ░░░░░░░░ national Enquirer and covering ░░░░░░░░ up He was lying ░░░░░░░░ affairs and People do ░░░░░░░░ It s important to ░░░░░░░░ Politically a lot of ░░░░░░░░ will Take all of ░░░░░░░░ in and say And ░░░░░░░░ it We just heard ░░░░░░░░ Mike Rounds say that ░░░░░░░░ Rounds said I can ░░░░░░░░ really Be focused on ░░░░░░░░ because I Have bigger ░░░░░░░░ to fry I get ░░░░░░░░ We think a lot ░░░░░░░░ people will Say that ░░░░░░░░ don t know if ░░░░░░░░ s Illegality here but ░░░░░░░░ know the President is ░░░░░░░░ off with His lawyer ░░░░░░░░ s intriguing and potentially ░░░░░░░░ to other things What ░░░░░░░░ president is doing in ░░░░░░░░ facets denigrating the Press ░░░░░░░░ about not Trusting or ░░░░░░░░ don t pay Attention ░░░░░░░░ anything that s Being ░░░░░░░░ Those things cannot be ░░░░░░░░ Away His behavior with ░░░░░░░░ with Vladimir Putin cannot ░░░░░░░░ Explained away You can ░░░░░░░░ critical of the Press ░░░░░░░░ can be supportive of ░░░░░░░░ president You have to ░░░░░░░░ a hard look at ░░░░░░░░ things in isolation and