Michael Cohen has just testified that Trump directed the reverse engineering of his financial disclosures without regard to actual facts. Trump, of course, says Cohen is lying. Will that be enough to win the case?
Trump has a serious dilemma on his hands. If he doesn’t testify in this case and successfully rebut the state’s testimony as to his involvement and intent, he could lose a large part of his empire, which would be a huge blow to him, even if it didn’t cost him his freedom. If he does, he is exposing himself to cross-examination. And wouldn’t you love to be the attorney cross-examining the man who told tens of thousands of lies while in office?
My guess is that he will not testify. He will write off the proceeding at this stage and hope to prevail on appeal. That’s a high-risk strategy, but everything is high-risk for him at this point.