Trump says market would 'crash' if he was impeached

August 23, 2018 22:23

Donald Trump today warned that 'the market would crash' if he is impeached, amid increasing trouble for the United States President after his former lawyer Micheal Cohen implicated him by pleading guilty to campaign finance laws.

In a stunning admission that implicates Trump, Cohen, 51, pleaded guilty to buying the silence of two women about their alleged affairs with Trump.

The admission to paying hush money to porn star Stormy Daniels ahead of the 2016 US election potentially leaves the US president in legal jeopardy. In an interview to 'Fox & Friends', Trump said: "I don't know how you can impeach somebody who's done a great job."

"If I ever got impeached, I think the market would crash, I think everybody would be very poor, because without this thinking, you would see -- you would see numbers that you wouldn't believe in reverse," the President said.

Trump asserted that he has done a great job in office, despite the critical coverage in connection with the guilty plea of his long-time attorney Cohen.

Listing his economic accomplishments, Trump claimed that the economy was going to be 'down' if he hadn't been elected.

"I freed up, I got rid of regulations, the tax cut was a tremendous thing," the President said.

He said that 'had Hillary and the Democrats gotten in, had she been president, you would have had negative growth. We picked up $10 trillion worth'.

In a series of tweets, Trump maintained that there was no collusion between his campaign and Russia in the 2016 presidential elections.

'The only thing that I have done wrong is to win an election that was expected to be won by Crooked Hillary Clinton and the Democrats. The problem is, they forgot to campaign in numerous states!' he tweeted.

'NO COLLUSION - RIGGED WITCH HUNT!' he said in another tweet.

Cohen's extraordinary admission came the same day as Trump's former campaign chairman Paul Manafort was convicted of five counts of tax fraud, two counts of bank fraud and one count of failure to disclose a foreign bank account. -- PTI

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