'There's more out there': President said to be facing major 'risks' with latest moves

President Donald Trump's efforts to sweep the recent bombshell report from the Wall Street Journal under the rug could completely backfire on him, according to one conservative analyst.

Last week, the Wall Street Journal reported on a letter Trump allegedly sent disgraced financier Jeffrey Epstein for his 50th birthday party. The report included some details of the letter, such as a drawn outline of a naked woman with Trump's signature across her waist and an imaginary conversation Trump had with Epstein, where Trump admits the two men have things in common.

After the report was published, Trump sued the Wall Street Journal and its owner, Rupert Murdoch, for $10 billion in damages.

However, analyst Tim Miller of The Bulwark says the president's lawsuit carries more risks than rewards.

"The gamble that Trump is making, and he's not really subtle about these things; you don't have to read between the lines, is that he can cow Rupert Murdoch and the Wall Street Journal like he has other media outlets," Miller said on MSNBC's "Alex Witt Reports."

"On the other side of this, discovery is not going to be good for Donald Trump related to Jeffrey Epstein," Miller continued, referring to a legal process where parties in a lawsuit share relevant information with one another. "The two had a very extensive friendship...so there's obviously more information out there."

Trump has sought to distance himself from the Epstein case ever since his Justice Department refused to release the files, as they promised to do during the 2024 presidential campaign. But this strategy may be falling short for Trump, Miller argued.

"If you're Trump, that is a risk, but it's kind of a 'tomorrow risk' and you figure you can kick the can and all of this will take a lot of time," Miller continued.

Watch the exchange below or click here.