KEY POINTS
  • House Intelligence Committee Chairman Adam Schiff, D-Calif., said Friday that his committee will increase its efforts to investigate an aborted Trump Tower Moscow deal.
  • The announcement comes in light of a bombshell report alleging President Donald Trump directed his ex-lawyer Michael Cohen to lie in sworn testimony to Congress.
  • "These allegations may prove unfounded, but, if true, they would constitute both the subornation of perjury as well as obstruction of justice," Schiff said in a statement released by a spokesman Friday morning.
Michael Cohen, attorney for The Trump Organization, arrives at Trump Tower in New York City, U.S. January 17, 2017.

House Intelligence Committee Chairman Adam Schiff, D-Calif., said Friday that his committee will increase its efforts to investigate an aborted Trump Tower Moscow deal in light of a bombshell report alleging President Donald Trump directed his ex-lawyer Michael Cohen to lie in sworn testimony to Congress.

That report, published Thursday night by BuzzFeed News, cites two federal law enforcement sources who also allege that Trump supported Cohen's plan for him to meet Russian President Vladimir Putin during the 2016 campaign to discuss the Trump Tower proposal.