Maxine Waters has made her intentions clear.
She wants to impeach Donald Trump.
But this smoking gun turned up and it’s bad news for Maxine Waters.
Disgraced former Trump attorney Michael Cohen knew he had one job – deliver President Trump on a silver platter to the Democrats.
During the course of his testimony before Congress, the convicted felon lobbed all sorts of smears against his former client.
But the meat of Cohen’s testimony came when he accused the President of loan fraud.
Cohen waved around three years’ worth of financial statements alleging Trump inflated his assets in order to secure a loan to purchase the Buffalo Bills NFL franchise back in 2014.
“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 testified.
Democrats – with Maxine Waters leading the charge on the House Financial Services Committee – already dreamed of digging into President Trump’s relationship with Deutsche Bank.
They held onto this fever dream that Deutsche Bank was the secret nexus of the Trump-Russia collusion conspiracy.
House Intelligence Committee Chairman Adam Schiff contended that Trump’s financial dealings with Deutsche Bank handed the Russians leverage over the President.
“There’s a heightened need to look into anything that could compromise the president or the country, particularly if it’s not being investigated elsewhere,” Schiff told Politico in an exclusive interview.
“I don’t know that to be the case, but I just haven’t seen any external signs that that’s happening.”
However, Michael Cohen blew up that narrative.
The financial statements he waved around made no mention of any Russians.
And Cohen – who accused Trump of everything under the sun – never accused Trump of laundering money for the Russians.
In fact, he popped that balloon when he testified that no Russian oligarchs – or anyone connected to them – purchased real estate in cash from Trump.
Waters was hoping to lead one of the main investigations into Trump’s finances that would ultimately lead to impeachment.
Deutsche Bank and Russia were to be the cornerstone of that probe.
But the big headline out of Cohen’s testimony was that he destroyed the Russian collusion narrative at every turn.
Cohen put to bed once-and-for-all the fake news Steele dossier that accused him of traveling to Prague in order to meet with high-level Russian intelligence officials.
The President’s former lawyer also stated he saw no direct evidence of collusion between the Trump campaign and the Russians.
And he shot down Maxine Waters money laundering impeachment fantasy.
We will keep you up to date on any new developments in this ongoing story.