Trump is never far from controversy and Friday was yet another example. However, the latest report from BuzzFeed is particularly explosive, as it claims Robert Mueller’s investigators have learned Trump told his former fixed, Michael Cohen, to lie to Congress about the Trump Tower Moscow project. Cohen has said that the planning for the tower continued when Trump was a candidate for president.
Democrats, who recently gained control of the House, have vowed to investigate the report, which could leave Trump open to accusations of an obstruction of justice. This is potentially massive news, but the contents of the report are yet to be verified. Interestingly, Trump did not deny the accusations and neither did his current lawyer, Rudy Giuliani. This is a story that could have some legs, especially when we consider that the first Article of Impeachment for Richard Nixon was Obstruction of Justice.
No releases of note on the schedule today and tomorrow we will only see existing home sales for December. Wednesday isn’t much busier, but we will see mortgage applications in the week ending 18 January. It picks up on Thursday, with manufacturing and services PMI, as well as initial jobless claims up to 19 January.
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