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Michael Cohen. Photo: Eduardo Munoz Alvarez via Getty Images

President Trump's former lawyer Michael Cohen said that he will postpone his scheduled Feb. 7 testimony before the House Oversight Committee due to "threats against his family from President Trump and Mr. Giuliani," as well as his cooperation in ongoing investigations, his lawyer said Wednesday.

The big picture: House Oversight chair Elijah Cummings and House Intelligence chair Adam Schiff issued a statement Wednesday saying that while they understand Cohen's concerns, "not appearing before Congress was never an option ... We will not let the President's tactics prevent Congress from fulfilling our constitutionally mandated oversight responsibilities." President Trump, on hearing the news that Cohen was postponing his testimony over threats to his family, told reporters that Cohen is being "threatened by the truth."

  • House Democrats issued a statement on Jan. 13 warning Trump about obstructing congressional investigators and potential witness intimidation, following the president's tweets and comments about Cohen's father-in-law, Fima Shusterman.
  • Shusterman pleaded guilty in 1993 to federal income tax fraud related to his taxicab business in New York, and loaned at least $20 million to a major Chicago cab operator mentioned in the FBI warrants used to raid Cohen’s home, office and hotel room last April.
  • Cohen has been ordered to report to prison on March 6, leaving him less than 4 weeks to reschedule his testimony.

The full statement from Cohen's lawyer:

"Mr. Cohen volunteered to testify before the House Oversight Committee on February 7th. Due to ongoing threats against his family from President Trump and Mr. Giuliani, as recently as this weekend, as well as Mr. Cohen's continued cooperation with ongoing investigations, by advice of counsel, Mr. Cohen's appearance will be postponed to a later date. Mr. Cohen wishes to thank Chairman Cummings for allowing him to appear before the House Oversight Committee and looks forward to testifying at the appropriate time. This is a time where Mr. Cohen had to put his family and their safety first."

Go deeper: Michael Cohen sentenced to 3 years in prison

Go deeper

Ipsos poll: COVID trick-or-treat

Data: Axios/Ipsos poll; Note ±3.3% margin of error for the total sample size; Chart: Andrew Witherspoon/Axios

About half of Americans are worried that trick-or-treating will spread coronavirus in their communities, according to this week's installment of the Axios/Ipsos Coronavirus Index.

Why it matters: This may seem like more evidence that the pandemic is curbing our nation's cherished pastimes. But a closer look reveals something more nuanced about Americans' increased acceptance for risk around activities in which they want to participate.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: The good and bad news about antibody therapies — Fauci: Hotspots have materialized across "the entire country."
  2. World: Belgium imposes lockdown, citing "health emergency" due to influx of cases.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Education: Surge threatens to shut classrooms down again.
  5. Technology: The pandemic isn't slowing tech.
  6. Travel: CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order."
  7. Sports: High school football's pandemic struggles.
  8. 🎧Podcast: The vaccine race turns toward nationalism.
Dan Primack, author of Pro Rata
Updated 10 hours ago - Economy & Business

Dunkin' Brands agrees to $11B Inspire Brands sale

Photo: Alexi Rosenfeld/Getty Images

Dunkin' Brands, operator of both Dunkin' Donuts and Baskin-Robbins, agreed on Friday to be taken private for nearly $11.3 billion, including debt, by Inspire Brands, a restaurant platform sponsored by private equity firm Roark Capital.

Why it matters: Buying Dunkin’ will more than double Inspire’s footprint, making it one of the biggest restaurant deals in the past 10 years. This could ultimately set up an IPO for Inspire, which already owns Arby's, Jimmy John's and Buffalo Wild Wings.