About this transcript: This is a full AI-generated transcript of Trump knew payments were wrong, Cohen says l FULL INTERVIEW PT 1/2 from ABC News, published May 14, 2026. The transcript contains 1,246 words with timestamps and was generated using Whisper AI.
"It has been a monumental week in American politics, and we are not done yet. We start with your exclusive huge interview overnight. This thing came together very quickly late yesterday. Of course, it was a day after Michael Cohen received his three-year prison sentence, which he says was the worst..."
[0:00] It has been a monumental week in American politics, and we are not done yet. We start
[0:04] with your exclusive huge interview overnight. This thing came together very quickly late
[0:09] yesterday. Of course, it was a day after Michael Cohen received his three-year prison sentence,
[0:12] which he says was the worst day of his life. And then those attacks from President Trump
[0:17] started early yesterday morning. It continued throughout the day. At some point, Cohen,
[0:22] who wasn't planning to speak out, felt he had to respond. Now, there are some things he can't
[0:26] answer because he's still cooperating with prosecutors, but he directly contradicts
[0:30] President Trump's claims about those hush money payments to porn star Stormy Daniels and playmate
[0:35] Karen McDougall. And as you'll see, he is emotional, remorseful, and determined to tell what he says
[0:40] is the truth about President Trump. Michael, thank you for doing this. George, good to see you.
[0:45] Emotional day in court yesterday, and I was struck by that line you had. You said you felt like you
[0:51] had your freedom back. Yes. How does it feel today? Like I have my freedom back. Though I have to
[0:58] be honest, it's been very rough to be before the court with my family in attendance, my mother,
[1:08] my father, wife, my children, my sisters, my brother, my niece, cousins, friends. It was a very
[1:17] rough day. And then you wake up today, and the president's tweeting from very early in the morning,
[1:23] several different things. What struck me most is his claim that you agreed to this plea deal for this
[1:30] reason, he said. Those charges were just agreed to him by him in order to embarrass the president
[1:36] and get a much reduced prison sentence. I know which tweets you're talking about. First of all, it's
[1:41] absolutely not true. I did not do it to embarrass the president. He knows the truth. I know the truth.
[1:51] Many people know the truth. Under no circumstances do I want to embarrass the president of the United States
[1:57] of America. The truth is, I told the truth. I took responsibility for my actions. And instead of him
[2:05] taking responsibility for his actions, what does he do? He attacks my family. And after yesterday,
[2:13] again, being before the court and taking the responsibility and receiving a sentence of 36
[2:22] six months, the only thing he can do is to tweet about my family. He said in the tweets, he repeated
[2:31] in an interview later on, that basically he says, his claim, you're lying about him to protect your wife,
[2:40] to protect your father. Inaccurate. He knows the truth. I know the truth. Others know the truth.
[2:46] And here is the truth. The people of the United States of America, the people of the world,
[2:52] don't believe what he's saying. The man doesn't tell the truth. And it's sad that I should take
[2:59] responsibility for his dirty deeds. You lied for him for a long time. More than 10 years. Why?
[3:07] Out of loyalty. Out of loyalty to him. I followed a bad path. And hence how we started this conversation.
[3:17] I have my freedom. And I will not be the villain, as I told you once before. I will not be the villain
[3:24] of his story. He's saying very clearly that he never directed you to do anything wrong. Is that
[3:30] true? I don't think there's anybody that believes that. First of all, nothing at the Trump organization
[3:35] was ever done unless it was run through Mr. Trump. He directed me, as I said in my elocution,
[3:43] and I said as well in the plea, he directed me to make the payments. He directed me to become involved
[3:49] in these matters, including the one with McDougal, which was really between him and David Pecker,
[3:56] and then David Pecker's counsel. I just reviewed the documents in order to protect him. I gave
[4:02] loyalty to someone who truthfully does not deserve loyalty. He was trying to hide what you were doing,
[4:08] correct? Correct. And he knew it was wrong? Of course. And he was doing that to help his election?
[4:14] You have to remember at what point in time that this matter came about, two weeks or so before the
[4:24] election, post the Billy Bush comments. So yes, he was very concerned about how this would affect
[4:32] the election. To help his campaign? To help him and the campaign. You mentioned dirty deeds in your
[4:38] elocution yesterday. When you think about it, when you look back, did you know what you were doing?
[4:46] I'm angry at myself because I knew what I was doing was wrong. I stood up before the world yesterday
[4:54] and I accepted the responsibility for my actions. The actions that I gave to a man who, as I also said
[5:04] in my elocution, I was loyal to. I should not be the only one taking responsibility for his actions.
[5:13] So he's still lying? Yes. Do you know why you were loyal to him at the beginning? No, no. It was a blind
[5:23] loyalty. It was to a man I admired, but I do not know the answer to it. And I'm angry at myself. My family
[5:33] is disappointed that they have taught me, my mother, father, right from wrong, and I didn't
[5:42] display good judgment. You call it blind loyalty. The prosecutors seem to suggest it was, southern
[5:49] district prosecutors, I should add, seem to suggest you were being driven by greed and ambition. No,
[5:54] that's inaccurate. But again, I took responsibility for my actions, but I didn't make my money working
[6:02] for Donald Trump. I had made a substantial amount of money years before working for Donald Trump.
[6:09] And anybody who knows me knows that to be the truth. So what do you say to people? And you know,
[6:14] there are a lot of people who would be watching who are going to be thinking, but wait a second,
[6:19] he lied for so long. Why should we believe him now? What's the answer to that? What do you mean lied?
[6:23] Lied about what? At the Trump Organization, it's a microcosm of even just the New York real estate market.
[6:30] What do we lie about? It's New York real estate. Yes, it's the greatest product ever created. Is
[6:35] that a lie? Well, but you pleaded guilty to lying to Congress. Yes. So why should we believe you now?
[6:43] Because the special counsel stated emphatically that the information that I gave to them was
[6:50] credible and helpful. There's a substantial amount of information that they possess that
[6:58] corroborates the fact that I am telling the truth. So you're done with the lie?
[7:02] I am done with the lying. I am done being loyal to President Trump. And my first loyalty belongs to
[7:10] my wife, my daughter, my son, and this country. You know, that's what he first said to me back
[7:16] in July. It wasn't on camera. And as I said, he is still cooperating with prosecutors. So there's
[7:21] a lot of things he can't talk about right now. But he clearly felt that he just had to come out
[7:25] after those attacks from the president yesterday and say something.
[7:28] I mean, he still cooperating with the special counsel. So like you said, there's a lot he
[7:32] can't say. But he did say a lot in that. It seemed like he's seemingly doubling down on
[7:37] his claims from before. Well, no question about it.