Trump Says Impeachment Could Cause Market Crash, People Becoming Poor

President Donald Trump warned his impeachment could lead to a market crash and everyone becoming poor. His comments came during an interview with Fox News' Ainsley Earhardt which was aired Thursday on "Fox & Friends."

“I don’t know how you can impeach somebody who’s done a great job,” Trump said, in the interview. "You know, I guess it says something like high crimes and all -- I don't know how you can impeach somebody who has done a great job," Trump said in response to a question from Earhardt, who asked if he believes Democrats would try to impeach him if they win back control of Congress in the midterms.

“If I ever got impeached, I think the market would crash, I think everybody would be very poor, because without this thinking, you would see — you would see numbers that you wouldn’t believe in reverse.”

The president also touted his accomplishments by saying the United States' economy would have gone “down” if he hadn’t been elected.

“I freed up, I got rid of regulations, the tax cut was a tremendous thing,” Trump said. “But even before the tax cut, right from the first day, I got rid of regulations. I approved the pipelines, 48,000 jobs. But I did a lot of things.”

Some Democrats in the Congress have been discussing the possibility of an impeachment after the president's former attorney, Michael Cohen, implicated him on Tuesday in a felony by saying Trump asked him to use campaign money to pay two women who have claimed to had affairs with the president.

Under oath on Tuesday, Cohen confessed to two crimes he said he committed at the behest of the president of the United States. He admitted Trump directed him to arrange payments during the 2016 presidential campaign to two women -- adult film star Stormy Daniels and to former Playboy model Karen McDougal.

Cohen pleaded guilty to eight felony counts including tax fraud, false statements to a bank and campaign finance violations.

On Wednesday, a former adviser to the Trump campaign warned the president could be months away from facing impeachment in the wake of Cohen's guilty plea.

"This is all they (Democrats) need for impeachment," Michael Caputo said during an interview on CNN's "Erin Burnett OutFront" with Poppy Harlow. "If the Democrats take over the House during the midterm elections, this indication coming out of the Southern District of New York, this charge, is enough for them to run an impeachment against the president, even in the first quarter."

In accordance with the U.S. Constitution, the impeachment process starts with a majority vote in the House of Representatives, if there is a reason to suspect any civil officer of the federal government, including the president, of “treason, bribery or other high crimes and misdemeanor." Individual members can introduce impeachment resolutions like ordinary bills, or the House can initiate proceedings by passing a resolution authorizing an inquiry.

Even if there is a majority of votes in favor of impeachment from the House, the president can be removed only after two-thirds majority in the Senate support the action.