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Cohen back for more testimony and to examine whether the russians laundered money through the trump organization. mike emanuel reporting. live from capitol hill. >> shep, good afternoon. no surprise from lawmakers are saying this afternoon there must be consequences if someone is found to have lied to a senate committee. >> there's evidence that we can point to that they didn't know the truth and certainly -- but i don't want to say specific to anything right now. yeah, this is not a good development. somebody conceding that they lied to congress. >> the next chairman of the senate judiciary c...

Democrat of the senate intelligence committee who really mattered here because it was their committee that got the original testimony from cohen responded to the plea. >> there seems to be a trend here amongst so many of the president's closest allies, that they don't tell the truth. >> i haven't seen the specific indictment or the plea. but this is a reason people shouldn't lie when they're in front of a congressional investigation. >> reporter: critics of the mueller probe say the cohen plea is another example of what they call a process crime and it's not evidence of coordination with russi...

Things. it is a felony. it has the potential for jail. i think it's five years, if i remember correctly. it is fair to call it a process crime. it's a situation where witnesses are not giving up the substance of what the investigation is actually focusing on, but instead tripping up on dishonesty. it's not a great moment for the mueller investigation to keep racking up false statement charges or maybe even convictions because it's getting further away from the core mission. >> dana: true, but what do you think -- there seems to be a lot of lying going on. >> right. look, i think it's interesti...

What are your thoughts as we wait to hear these words of the present? >> it looks like another process crime. 18 months into this investigation, which i think we all thought was set up to discover if there was some collusion on behalf of the trump campaign to impact the 2016 election. we have seen no indictments on that. i haven't seen any evidence on that charge. how long is this going to take? this is an extraordinarily well-funded organization. if an 18 month you can turn up anything, how long does it really need to go on? that is the question i ask myself. we know that russia tried to mess...

October surprise, and it seemed that he knew in advance about the podesta e-mails. >> can you imagine a guy like daniel goldman, you goo through all this education and work and then you're going through jerome corsi's e-mails and texts. wacky stuff in there. that's got to make you hate your job. >> you have no idea the stuff prosecutors see what we wish we never had to say. >> what is your real take away of all this? >> this is a process crime which is to say don't mess with bob mueller. if you lie, you're going to get charged. this is what is going on. trying to get to the bottom of whether t...