Maxine Waters’ life was ruined by the last person she ever suspected
Maxine Waters thought this was her moment.
As Chairwoman of the House Financial Services Committee, she was all set to play a major role in impeaching Donald Trump.
But then her life was ruined by the last person she ever suspected.
Michael Cohen’s testimony was supposed to be the big kickoff of the Democrats impeachment push.
He would provide the keys to the castle that would allow Committee Chairs like Waters to drive Trump out of office.
Instead, Cohen blew up one of Waters’ big investigations.
Waters and other Democrats were salivating over the idea of investigating Trump’s business dealings with Deutsche Bank.
Deutsche Bank is believed to be connected to Russia and Trump critics contend Trump and Deutsche Bank engaged in a money laundering scheme as part of the plan to rig the 2016 election.
Cohen inadvertently shredded that theory.
He waived around financial statements from 2011 to 2013 that he gave the Deutsche Bank as part of loan applications to buy the Buffalo Bills.
As previously stated, I’m giving the Committee today three years of President Trump’s financial statements, from 2011-2013, which he gave to Deutsche Bank to inquire about a loan to buy the Buffalo Bills and to Forbes. These are Exhibits 1a, 1b, and 1c to my testimony. It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce his real estate taxes.
Cohen accused Trump of everything under the sun.
But he did not claim Trump laundered money from the Russians or that his financial dealings with Deutsche Bank were a cover for an international criminal enterprise.
Michael Cohen – of all people – popped the balloon of Russian collusion.