Michael Cohen's legal team has released a 12-page memo it provided to House Democrats Thursday. The memo outlines evidence of what his team describes as "Trump's involvement in a conspiracy to collude with Russian government intervention in his favor during the 2016 presidential campaign" and "other felony crimes committed by Trump before and after he became president."

The other side: Trump responded to the new allegations from Cohen, saying "he's old news. He lied numerous times during his last testimony. They've had that for many months."

What we know: Cohen claimed he didn’t seek a pardon and that he never wanted a job in the White House. But multiple sources with direct knowledge told Axios that Cohen was lobbying for a White House job during the transition. And Cohen’s lawyer, Michael Monico, told the House Oversight Committee in a letter that Cohen had asked his lawyer to explore the possibility of a pardon before he turned against Trump, per AP.

The big picture: This release comes two days after the New York Times reported that members of special counsel Robert Mueller's team believe the details of the Mueller report are more damaging than Attorney General Bill Barr first indicated in his summary, which said Mueller's team did not establish a conspiracy with Russia.

On Thursday, attorney Lanny Davis indicated that Cohen could provide documents from his computers and phones from the past decade that would give "significant value to the various congressional oversight and investigation committees."

Read the memo, plus appendices.

Go deeper: Trump fumes at New York Times over Mueller report

Editor's note: This post has been corrected to better describe what Cohen has lied about.