Breaking news: Michael Cohen arrives on Capitol Hill for closed Senate testimony

Lawmakers want to know why President Trump's former personal attorney lied about the timing of talks about a Trump Tower real estate project in Moscow

If this report is true, which is based on reporting from both Wapo and WSJ, it looks like Michael Cohen is going to give the media and Democrats their greatest gift since Trump became president: testimony that he broke the law.

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Here’s more:

NY POST – Michael Cohen, President Trump’s longtime former personal lawyer and fixer, will tell congressional panels in testimony this week on Capitol Hill that the president engaged in criminal conduct and will detail his ex-boss’ “lies, racism and cheating,” according to two reports Tuesday.

Cohen, who once said he would “take a bullet for Trump,” will appear before three committees over the next three days — two of them in closed session and one publicly.

At the House Oversight Committee on Wednesday, Cohen is expected to focus on his “behind the scenes” accounts of working for 10 years for Trump and make public some of Trump’s financial statements that claim he manipulated his net worth to avoid paying personal property taxes, according to reports in the Wall Street Journal and the Washington Post.

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Here’s what Cohen is ‘supposed’ to testify against Trump:

As part of that, Cohen is expected to recall instances in which Trump inflated his income to get on the Forbes list of richest people but lowball his income when it came to paying real estate taxes, the reports said.

He will also offer “very specific details” to lawmakers on the House panel about arranging hush-money payments to a porn star and a former Playboy Playmate to keep them quiet about affairs they said they had with Trump.

At the hearing, he is expected to “provide more detail about his lies to Congress,” according to the Washington Post, and relate that he told special counsel Robert Mueller’s investigators that Trump directed him to lie.

He will also testify about racist comments Trump made to him, including questioning the intelligence of African-Americans and criticizing their lifestyle choices, the Wall Street Journal reported.

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The big Cohen hearing will be tomorrow, which is open to the public. But I’m sure that if he says anything big today, it will be leaked:

Cohen will testify Tuesday before the Senate Intelligence Committee in closed session.

On Wednesday he will appear before the House Oversight Committee in what could be an explosive open session.

He’ll follow that up with testimony before the House Intelligence Committee on Thursday behind closed doors.

We’ll see what happens with this, but one thing is for certain. If Cohen gives any damaging testimony at all, the media will be ecstatic and will run it as hard and as much as they can to damage Trump.