Chris Wallace dismissed the idea that the latest reports about Michael Cohen could actually be a threat to President Donald Trump.

The president’s former attorney claimed Trump knew about and approved the controversial 2016 meeting between Donald Trump Jr. and a Russian lawyer at Trump Tower. The president has continued to deny the claims.

Wallace believes the most significant thing about the latest report, assuming Cohen is telling the truth, is that Trump lied.

“It seems to me the worst that you could say, assuming that Cohen is telling the truth now, is that Donald Trump lied back in 2017,” the Fox News Sunday anchor told Sandra Smith on “America’s Newsroom” on Friday.

“But so what? It’s not admirable, you would hope he wouldn’t, but it is not breaking the law: lying to the media. He certainly wouldn’t be the first president, if he did, who had done so,” Wallace continued.

“And even the meeting itself,” he added, “while it certainly doesn’t seem praise-worthy that American political candidates or their team would be meeting with a Russian lawyer to try to get dirt on Hillary Clinton that was being offered to them – that falls a long way from any hint of collusion between Trump and the Kremlin.”

Wallace concluded by saying however things turn out, it won’t look good for Cohen who will be seen negatively for flipping and for secretly recording a meeting with his client, Donald Trump.

“I’ve never heard of a lawyer doing that,” he said.