Michael Cohen acknowledged that his lawyers sent the Federal Election Commission a "misleading statement" on Feb. 8, 2018.

"Neither the Trump Organization nor the Trump campaign was a party to the transaction with Ms. Clifford, and neither reimbursed Mr. Cohen for the payment directly or indirectly," the letter to the FEC read.

Cohen described the statement as "misleading" because the reimbursement came from Trump directly.

"It was the Donald J. Trump Revocable Trust or Donald Trump himself," Cohen told jurors, though he said he "omitted" that from the letter to the FEC.

Cohen said Trump approved the statement.

"That's a true statement, but it's deceptive, it's misleading," Cohen said. He did so "in order to protect Mr. Trump, stay on message, demonstrate my continued loyalty," he said.

As Cohen discussed his conduct related to the FEC, Judge Merchan offered a limited instruction to the jury, telling them that the testimony can be used to provide context for the surrounding events and help determine Cohen's credibility -- but not Trump's guilt.

Michael Cohen told jurors that he lied to Congress in 2017 when he understated Trump's involvement in a Trump Tower project in Moscow.

Cohen told Congress that he spoke to Trump about the project three times, but they actually spoke ten times according to Cohen. He added that he misrepresented the timeline of those conversations.

"Why did you make those false statements to Congress?" prosecutor Susan Hoffinger asked.

"Because I was staying on Mr. Trump's message that there was no Russia, Russia, Russia and in coordination with the joint defense team. That was what was preferred," Cohen said.

Cohen said he also initially lied about the hush payment to Stormy Daniels.

"Did you tell the truth about Mr. Trump's role in the payoff?" Hoffinger asked.

"No ma'am," Cohen said.

Cohen told jurors that he pressured Daniels' attorney Keith Davidson to have Daniels sign a false statement denying her affair with Trump.

"Did you know this statement by Stormy Daniels was false?" Hoffinger asked.

"Yes," Cohen said.

Trump, at the defense table, scoffed when Cohen testified that he told Trump he got Stormy Daniels to deny their affair in 2018 so that he could "get credit" with Trump.

Michael Cohen testified that during this time period, in 2017, he continued to lie and try to protect Trump.

"Did you continue to try to protect him?" prosecutor Susan Hoffinger asked Cohen.

"Yes," he said.

"Continued to lie for him?" Hoffinger asked.

"Yes," said Cohen. "Out of loyalty, and in order to protect him."

During this exchange, Trump shifted his head then whipped around to whisper to his attorney Emil Bove.

Cohen told the jury he did minimal work for Trump in 2017, working on small issues for which he "didn't expect to be paid" -- despite the invoices he submitted throughout the year being designated as retainer fees.

The work he performed included a trademark issue and others, Cohen testified.

Asked if he submitted an invoice, Cohen said no.

"I didn't expect to be paid," he said

Cohen estimated he spent "less than 10" hours working for Trump in 2017.

"Was the $420,000 dollars that you received from Mr. Trump ... did that have anything to do with the minimal work you did for him in 2017?" prosecutor Susan Hoffinger asked.

"No ma'am," Cohen said.

Trump, during this testimony, has been sitting back in his chair with his eyes closed. He occasionally shifts in his seat.

When Donald Trump won the 2016 election, Cohen testified there was no role for him in the incoming administration.

"My service was no longer necessary," Cohen said.

He was offered a position in the White House as "assistant general counsel" by Reince Preibus, but turned it down. He said he was disappointed he was not considered for chief of staff.

"I didn't want the role. I didn't believe the role was right for me or that I was even competent to be chief of staff. I just wanted my name to be included," he testified.

"It was more about my ego than anything," Cohen said about his disappointment. "I would have liked to have been considered."

Cohen said he pitched being "personal attorney to the president." He would need the role, Cohen said, because there were "outstanding matters" to be dealt with. Cohen conceded it would have helped him personally and professionally.

"I also had another thought in mind, which was consulting. That's what I really wanted because that afforded me the time to stay at home, in New York," he said.

Cohen testified it could have been lucrative to help people understand Trump's thinking.

"Mr. Trump was an enigma," Cohen said. "Because of my close proximity to him for a decade, I did understand."

"Did you think you could monetize being personal attorney to the president?" prosecutor Susan Hoffinger asked.

"Absolutely," Cohen said.

Trump's eyes remained closed during this portion of the testimony.