Michael Cohen, President Trump's former lawyer and fixer, denied portions of his February guilty plea in a private phone call recorded without his knowledge by actor and comedian Tom Arnold, as reported by the Wall Street Journal.
The big picture: "There is no tax evasion. ... And the Heloc? I have an 18% loan-to-value on my home. How could there be a Heloc issue? How? Right?… It's a lie," he reportedly said, referring to a criminal charge involving his home-equity line of credit. Cohen's comments are unlikely to have much, if any, effect on his 3-year prison sentence, set to start on May 6, for campaign finance violations, tax evasion and lying to Congress.