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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

Updated 2 hours ago - Energy & Environment

Thousands without power as "hazardous" winter storm lashes East Coast

Satellite imagery of the Northeastern U.S. taken by NOAA on Jan. 17. Photo: NOAA

A major winter storm lashed much of the East Coast Sunday and Monday, causing widespread power outages and disrupting travel over the holiday weekend.

The latest: Authorities in North Carolina confirmed that two people died in a car crash and that they responded 600 vehicle accidents during the storm on Sunday, per the Washington Post.

Texas abortion law remains in effect after appeals court ruling

Pro- and anti-abortion protesters outside the Supreme Court as arguments begin about the Texas abortion law on Capitol Hill in November. Photo: Jabin Botsford/The Washington Post via Getty Images

A U.S. appeals court transferred a challenge to Texas' law banning most abortions after about six weeks of pregnancy to the state supreme court in a 2-1 vote on Monday evening.

Why it matters: The 5th U.S. Circuit Court of Appeals' decision means the country's most restrictive abortion law can remain in place for the time being.

4 hours ago - World

At least 2 dead after Tonga volcano eruption and tsunami

A satellite image of the explosive eruption of the Hunga Tonga-Hunga Ha'apai volcano on Saturday. Photo: UNICEF/NOAA

At least two people are confirmed to have died in Tonga following the undersea volcanic eruption that sent tsunami waves toward the island nation and across the Pacific over the weekend, officials said Monday.

The big picture: Officials reported major damage along the western coast of the main island of Tongatapu, where the capital, Nuku'alofa, was covered in ash and dust, including on the runway of the airport. A New Zealand Ministry of Foreign Affairs spokesperson told Axios over the phone that two people had been confirmed to have died in the disaster.