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"I tell you what, if I ever got impeached, I think the market would crash, I think everybody would be very poor", Trump said in an interview that aired Thursday with Fox & Friends.

Blitzer asked Davis whether anyone heard Trump coordinate Cohen's actions when it came to buying the silence of the two women who had said they would go public with claims about affairs with the then-candidate.

Porn actress Stormy Daniels and Playboy model Karen McDougal were both paid off by Trump's long-term "fixer" through a series of secret shell companies.

Trump responded to Cohen's testimony this week by tweeting that "if anyone is looking for a good lawyer, I would strongly suggest that you don't retain the services of Michael Cohen!".

Cohen said in a court statement that he made those payments "in coordination and at the direction of a candidate for federal office", referring to then-candidate Trump, and added that he participated in the transactions with the principal objective of influencing an election.

CNN reported last month that Cohen was willing to testify to special counsel Robert Mueller that Trump knew in advance of the meeting, during which the Russian lawyer offered "dirt" on then-candidate Hillary Clinton.

If Mr Trump were to be prosecuted over the money - not through the normal courts, because he is the sitting president, but conceivably in Congress, through an impeachment process - investigators would have to prove that he had indeed given the money to Cohen for electoral reasons.

U.S. President Donald Trump is publicly downplaying the significance of his former campaign manager and a longtime trusted lawyer becoming felons.

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Trump praised Manafort as "a fearless man!" raising speculation the former campaign operative could become the recipient of a pardon as he argues the prosecution was an overreach by the Justice Department. "But I think it's becoming increasingly clear that the president will have two options: One, he can resign from office, or, two, he can face impeachment".

Michael Cohen (above) has become the target of personal attacks by Donald Trump since he implicated Trump in federal crimes on Tuesday.

It was a great day for the #Resistance, but, in West Virginia, you would have no idea that we moved one step closer to the end of the Trump presidency.

Regardless, Senator Grassley is interested in following Cohen's claim up and has reached out to Cohen's attorney, Lanny Davis.

Democratic leaders have mostly declined to discuss impeachment as they try to recapture a majority in the November midterm elections.

The other most prominent member of the party's establishment to sharply criticize President Trump, 2012 Republican presidential nominee Mitt Romney, was reduced to seeking a U.S. Senate seat from Utah and is a shadow of his former self as a governor of MA.

"I feel very badly for Paul Manafort and his wonderful family", Trump wrote.

Still, as of now, it is hard to see how two-thirds of a new Senate would convict this president of high crimes and misdemeanors. There is no question that what Cohen admitted to - making large, undisclosed payments on behalf of a campaign in deliberate violation of contribution limits and reporting requirements - is a crime. "There, they're trying to elevate this into an impeachable offense or a felony against the president".