The Memo: 5 takeaways from Cohen’s explosive day of testimony

President TrumpDonald John TrumpCould Donald Trump and Boris Johnson be this generation's Reagan-Thatcher? Merkel backs Democratic congresswomen over Trump How China's currency manipulation cheats America on trade MORE’s former personal attorney Michael Cohen testified in public Wednesday, appearing before the House Oversight and Reform Committee.

Cohen’s testimony elicited enormous fascination — and turned out to be the most tumultuous day of public congressional testimony since fired FBI Director James ComeyJames Brien ComeyFBI's spreadsheet puts a stake through the heart of Steele's dossier Hannity invites Ocasio-Cortez to join prime-time show for full hour The Hill's 12:30 Report: Acosta under fire over Epstein plea deal MORE appeared in June 2017.

Here are the five takeaways from Cohen’s appearance:

New details, new drama

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Cohen offered some explosive new allegations — in addition to calling Trump a “racist,” a “con man” and a “cheat” in his opening statement.

Specifically, Cohen argued that Trump had pressed him to lie about the timeline of discussions regarding a project to build a Trump property in Moscow — albeit without making the instruction explicit.

“He would look me in the eye and tell me there’s no business in Russia and then go out and lie to the American people by saying the same thing. In his way, he was telling me to lie,” Cohen asserted.

Cohen also said that Trump’s personal attorneys, including Jay Sekulow, edited his initial, false statement to Congress on this matter. In a text message to The Hill and other outlets, Sekulow called the allegation “completely false.”

There are other details that were left dangling in an intriguing way. 

Cohen, asked when he last spoke to Trump or someone representing him, said there was contact last summer but added that he could not give details because of an investigation by prosecutors from the Southern District of New York. 

Even beyond such tantalizing details, the sheer drama of Cohen’s appearance was something to behold. 

Human details were much more powerful when Cohen delivered them in person than they seemed when his prepared testimony was released on Tuesday night. 

One example was his unverified story of Donald Trump Jr.Donald (Don) John TrumpThe Hill's Morning Report — Trump retreats on census citizenship question Trump set to host controversial social media summit Trump associate Felix Sater grilled by House Intel MORE whispering to his father about a 2016 meeting having been set up — something which Cohen now suggests referred to the Trump Tower meeting in June of that year between members of Trump’s family and his campaign on one side and a Russian lawyer on the other.

Cohen held his own

Cohen has obvious credibility problems. He is about to start a three-year jail sentence for, among other things, lying to Congress. He was a diehard defender of the president before turning against him.

Still, Cohen did not crumble or lose his temper before the panel as some thought he might.

He delivered a measured performance for the most part, almost never rising to the bait from Republican members of the panel, while showing occasional flashes of humor.

The credibility of his allegations against Trump was enhanced because he declined some chances to hit the president on the wildest allegations. 

He pushed back hard on the suggestion that a videotape exists of the president striking the first lady, Melania TrumpMelania TrumpThe Hill's Morning Report: Trump walks back from 'send her back' chants Poll: Michelle Obama most admired woman in the world The Hill's 12:30 Report: 'Send her back' chants stun Washington MORE, in an elevator. “He would never, ever do something like that,” Cohen said.

Cohen also let his emotions show through at times, welling up as he expressed regret for his actions and claiming that he rarely walks in public with his wife or children because he is fearful of attacks.

GOP lashed Cohen as an unreliable witness

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Republican lawmakers used Cohen’s credibility problems to attack him again and again — part of a larger effort to suggest his accusations should be discounted.

The effort started in the hearing’s opening moments when the panel’s ranking member, Rep. Jim JordanJames (Jim) Daniel JordanDOJ, Commerce slam House Dems contempt vote as 'political stunt' White House blasts 'shameful and cynical' Barr, Ross contempt vote House votes to hold Trump Cabinet members Barr, Ross in contempt MORE (R-Ohio), suggested that Congress would “legitimize dishonesty” by merely having Cohen testify. 

Moments later, Rep. Mark GreenMark GreenWHO says Ebola is global emergency Trump's family separation policy has taken US to 'lowest depth possible,' says former immigration lawyer Four heated moments from House hearing on conditions at border facilities MORE (R-Tenn.) called Cohen’s presence a “travesty” and hit him as a “fake witness.”

Other lawmakers suggested Cohen was hoping to cash in on his infamy by negotiating a book deal or that he was motivated to turn on Trump because of disappointment that he did not get a White House job.

Cohen vigorously pushed back on these attacks, but the GOP will have likely done enough to neutralize the effect of the testimony among conservative voters.

Some lawmakers on both sides overreached

The quality of lawmakers’ questions gets criticized — fairly or otherwise — at almost every congressional hearing. 

But there were some moments during Wednesday’s hearing that were particularly striking. Rep. Jackie SpeierKaren (Jackie) Lorraine Jacqueline SpeierSenators introduce legislation to boost cyber defense training in high school Here are the 95 Democrats who voted to support impeachment It's time for the left to advance a shared vision of national security: Start by passing the NDAA MORE (D-Calif.) was at first effective in getting Cohen to estimate there were as many as 500 occasions when Trump had urged him to threaten an adversary. 

But Speier also went on to ask about the idea that Trump had fathered a “love child” — something that Cohen denied, making the question appear prurient.

Even more controversially, Rep. Mark MeadowsMark Randall MeadowsLawmakers request documents on DC councilman ethics investigation House Republicans dismissive of Paul Ryan's take on Trump The 27 Republicans who voted with Democrats to block Trump from taking military action against Iran MORE (R-N.C.) sought to refute Cohen’s allegation that Trump is a racist by bringing Lynne Patton, a senior official at the Department of Housing and Urban Development who previously worked for the Trump family, to the hearing. Patton is African-American.

The argument from Meadows was that Patton would not have worked for a racist. But the move came off ham-handedly, opening up Meadows to accusations of tokenism. Rep. Rashida TlaibRashida Harbi TlaibThe Hill's Campaign Report: Stage set for second Democratic showdown Merkel backs Democratic congresswomen over Trump Trump complains of 'crazed' media coverage over 'send her back' chants MORE (D-Mich.) accused Meadows of an act that was “racist in itself.”

This is just the start

Cohen’s repeated naming of other people who, he said, had knowledge of questionable dealings seems like an obvious pretext for Democrats to issue more demands for testimony.

In particular, Cohen named Trump’s oldest children — Donald Jr., Eric and Ivanka — repeatedly. 

The Trump Organization’s chief financial officer, Allen Weisselberg, also got frequent namechecks, including for allegedly being involved in organizing reimbursement to Cohen for his payments to secure the silence of adult-film star Stephanie Clifford, professionally known as Stormy Daniels.

On NBC News, Chuck Todd described the hearing as “the first unofficial hearing of the impeachment process.”

One thing’s for sure: There is a lot of turmoil ahead for Trump and people close to him.

The Memo is a reported column by Niall Stanage, primarily focused on Donald Trump’s presidency.