Michael Cohen's new attorney says his client has made a "declaration of independence" from Donald Trump Donald John TrumpBiden on Trump's refusal to commit to peaceful transfer of power: 'What country are we in?' Romney: 'Unthinkable and unacceptable' to not commit to peaceful transition of power Two Louisville police officers shot amid Breonna Taylor grand jury protests MORE and no longer would take a bullet for the president in any investigation.

Attorney Lanny Davis told The Hill's new morning show Rising with Krystal Ball and Buck Sexton that Cohen's statements to ABC News' George Stephanopolous in a July 2 interview were not a plea to get Trump to pay his legal bills but rather an act of separation.

"There's a reason that he said at the very end of the interview with Mr. Stephanopoulos that he took these contrary positions to Mr. Trump, who he previously said he would take a bullet for, a comment that I believe he would not say today," Davis said in an interview that aired Wednesday on Hill.TV.

"The reason he said is, 'I will not be a punching bag as part of somebody else's defense strategy,'" Davis added. "This was a declaration of independence two days before July 4."

Davis, who worked as President Clinton's special counsel in the late 1990s, was hired by Cohen last week.

Cohen, who previously worked for Trump, told Stephanopoulos last week that his "first loyalty" lies with his family, not the president.

“My wife, my daughter and my son have my first loyalty and always will,” Cohen said. “I put family and country first.”

Mueller Speculation has swirled around the possibility that Cohen could flip and cooperate with's probe into alleged ties between the Trump campaign and Russia.

– Julia Manchester

(This story has been updated since its publication to reflect that the interview has aired.)