Update: Mere minutes after President Trump boarded his flight to Argentina, his attorney Rudy Giuliani released a statement defending the president and undermining Cohen.
In the statement, Giuliani claimed it isn't a coincidence that Mueller has taken another action on the same day that President Trump was leaving for an important meeting with world leaders. He previously unsealed indictments against 12 alleged Russian Intel officers just as Trump was leaving for Helsinki to meet with Putin.
Giuliani: "Hardly coincidental that the Special Counsel once again files a charge just as the President is leaving for a meeting with world leaders at the G20 Summit in Argentina. Special Counsel did the very same thing as the President was leaving for a world summit in Helsinki"— Jennifer Jacobs (@JenniferJJacobs) November 29, 2018
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Just hours before President Trump was slated to board Air Force One for a 10-hour flight to Argentina for this weekend's G-20 conference, the president has decided to address the guilty plea entered by his former personal attorney, Michael Cohen, at a federal court house in Manhattan this morning.
In response to questions from reporters on the south lawn of the White House, Trump accused Cohen of lying to avoid jail time and said he doesn't know when he decided to drop the Trump Tower Moscow project that is at the center of the allegations in Cohen's guilty plea.
- *TRUMP SAYS EVERYBODY KNEW ABOUT RUSSIA PROJECT
- *TRUMP SAYS HE DECIDED NOT TO PURSUE RUSSIA PROJECT
- *TRUMP CALLS FORMER ATTORNEY COHEN `WEAK PERSON'
- *TRUMP SAYS COHEN IS LYING ABOUT MOSCOW PROJECT TO GET REDUCED SENTENCE
- *TRUMP SAYS DOES NOT KNOW WHEN HE DECIDED TO DROP MOSCOW PROJECT
Trump also accused his former fixer of being a "weak person."
Cohen's guilty plea raises questions about Trump's statements regarding his business dealings in Russia during the campaign. In the days leading up to the plea, Trump has stepped up his attacks on the Mueller probe, accusing it of being a McCarthyist witch hunt that's wasting taxpayer money.
WATCH: President Trump says his former attorney Michael Cohen is "a weak person" and "not a very smart person," after Cohen pleaded guilty to making false statements https://t.co/vEE5vZwqpw pic.twitter.com/avuaV9mT0B— CBS News (@CBSNews) November 29, 2018
Trump said he considered the project for a short time but ultimately decided not to do it - though he insisted that there would have been nothing wrong if he did decide to do it. Trump said he abandoned the project because he wanted to focus on his campaign.
"I didn't do the project - I decided not to do it. Michael Cohen what he is doing is he was convicted I guess - you'll have to put it into legal terms - on things totally unrelated to the Trump organization on things related to mortgages - on things unrelated to us.
"he's a weak person and by being weak what he's trying to do is get a reduced sentence. He's lying about a project that everybody knew about. i decided ultimately not to do it but if I did do it there would be nothing wrong."
"When I run for president, that doesn't mean I'm not allowed to do business. After I won, that means I'm not allowed to do business...but I ran a business - I often joke about the fact that I was the only person who campaigned and simultaneously ran a business."
Trump added that Fox news reported on the Trump Tower Moscow deal back in January and that "everybody knew about it."
"I was focused on running for president I wanted that to be my primary focus not building a building."
"What he's trying to do is - he's a weak person and not a very smart person - he's got a big prison sentence and he's trying to get a smaller prison sentence by making up a story. Michael Cohen is lying and he's trying to get a reduced sentence for things that have nothing to do with me."
I think you should go back to January. [Fox] talks about a letter that he signed and it specifically talks about this deal. Everybody knows about this deal - I wasn't trying to hide anything."
In response to a question from a reporter, Trump said he's "close to doing something with China" before ending the press conference and boarding a helicopter for Andrews Air Force Base, where he's expected to depart for Argentina.