Trump dismissed Schiff's announcement on Wednesday by calling the Democrat a "political hack" who is "trying to build a name for himself".
But not without pushback from Trump, who railed against the idea of Schiff pursuing an investigation into his finances, accusing him of "presidential harassment". "He has no basis to do that", Trump told reporters, when asked about Schiff's plans to expand the scope of the House Intelligence Committee's probe. After Cohen pleaded guilty to the Mueller charges on November 29, Trump called his former lawyer a liar, "a weak person and not a very smart person".
Schiff told reporters following a Wednesday meeting by the House Intelligence Committee, which he now chairs, that in accordance with promises made after the November 2018 election, the investigation into alleged Russian meddling in the 2016 U.S. presidential election would be reopened.
Schiff said the investigation, which could involve additional congressional committees, would "allow us to investigate any credible allegation that financial interests or other interests are driving decision-making of the President or anyone in the administration".
They criticized the Office of the Director of National Intelligence declassification review of documents already approved for release in the last Congress as "unacceptable", and added that "we hope the Democrats will now join us in further increasing transparency by voting to immediately publish all the unclassified transcripts that we previously sent to the executive branch".
Schiff also said the panel's first act had been to authorize the transmission of all of the transcripts of witness testimony as part of the House Russia investigation to the special counsel.
"For the last two years, the Republican majority has essentially been missing in action when it comes being a coequal branch of government", Schiff said today, promising that Democrats are "not going to be intimidated or threatened" by Trump's warnings against the Democrat-led investigations.
Stone pleaded not guilty to charges last month that he lied to the House panel about his discussions during the 2016 election about WikiLeaks, the anti-secrecy group that released thousands of emails stolen from Democrats. Cohen is still expected to appear before the Senate Intelligence Committee for a closed-door interview next Wednesday. Stone is also charged with obstructing the House probe by encouraging one of his associates, NY radio host Randy Credico, to refuse to testify before the House panel in an effort to hide Stone's false statements.
Mueller requested Stone's interview transcript a year ago and the panel voted to release it in December, ahead of the January charges.
"That was a threat", Pelosi told reporters after a Democratic Caucus meeting. Among those whose transcripts would be sent are Donald Trump Jr., Jared Kushner, the president's son-in-law, and former Trump strategist Stephen Bannon.