The Mueller investigation nears the worst-case scenario

“The fact that [Trump] was lying to the American people about doing business in Russia and that the Kremlin knew he was lying gave the Kremlin a hold over him,” the incoming chair of the House Judiciary Committee, Jerry Nadler, told NBC’s Meet the Press on Sunday. “One question we have now is, does the Kremlin still have a hold over him because of other lies that they know about?”

As Mueller put it in Friday’s Cohen court documents: “The defendant’s false statements obscured the fact that the Moscow Project was a lucrative business opportunity that sought, and likely required, the assistance of the Russian government. If the project was completed, the Company could have received hundreds of millions of dollars from Russian sources in licensing fees and other revenues. The fact that Cohen continued to work on the project and discuss it with Individual 1 [aka Donald Trump] well into the campaign was material to the ongoing congressional and SCO investigations, particularly because it occurred at a time of sustained efforts by the Russian government to interfere with the U.S. presidential election. Similarly, it was material that Cohen, during the campaign, had a substantive telephone call about the project with an assistant to the press secretary for the President of Russia.”

Legal analyst Jeffrey Toobin phrased it slightly differently in the wake of Cohen’s plea agreement: “It would have been highly relevant to the public to learn that Trump was negotiating a business deal with Russia at the same time that he was proposing to change American policy toward that country.”