Trump biographer lauds bombshell report on the president's family tax fraud: 'The nick that will peel the teflon'

After covering Donald Trump and his family for years, acclaimed biographer David Cay Johnston lauded the New York Times for their bombshell report on tax fraud undertaken by the president's father.

"The New York Timesusing 100,000 pages of documents, many of them leaked from inside the Trump family, establishes beyond a doubt that Donald Trump has been involved in years, decades of criminal tax evasion," Johnston told CNN's Brooke Baldwin. "You can't prosecute them now because the statute of limitations has run. But both the federal government and state of New York can sue civilly."

The Pulitzer-winning biographer added that although he and others have done important work chipping away at the Trump family finances, "none of the work we've done can put a candle to the work the New York Times has done that involve five years of reporting time and that story is technically accurate on every issue of accounting and tax law."

"I think this is likely to be the first real nick, other than what's going on with Stormy Daniels, that may peel away a little bit of a Teflon," Johnston said.

"Without a doubt, those people who support Donald Trump because they hate the civil rights movement, because they don't want immigrants, they're going to stick with Donald Trump," he added. "But the people who went with him for economic reasons —the half-century of stagnant income for the bottom 90 percent of Americans — some of those people have moral compasses and they're going to be offended by this and more will come out about this over time."

Watch below via CNN: