In an interview with Vanity Fair that was published on Friday, November 2, Cohen revealed that Trump often demeaned African-American voters in the run up to the 2016 presidential elections.
During a January meeting with members of Congress in the Oval Office, Trump reportedly questioned why the United States would accept more immigrants from Haiti and "shithole countries" in Africa. Cohen also recalls Trump saying, during a drive through a "rougher" neighborhood, "Only the blacks could live like this".
"Why are we having all these people from shithole countries come here?" the commander-in-chief allegedly said during an immigration meeting with lawmakers.
Another incident Cohen recalled was from the time when he and Trump were travelling to Chicago in the late 2000s and they drove through a neighbourhood that did not look too polished.
During another conversation about the first season of The Apprentice, Cohen says Trump explained why he didn't pick Kwame Jackson, a black investment manager who had graduated from Harvard, as his victor.
Cohen, who was Trump's lawyer and general attack dog, has already pleaded guilty to campaign finance violations and, over the past few months, has begun firing off insults.
"I should have been a bigger person, and I should have left", he stressed.
Prosecutors said Cohen held the title of "executive vice-president" and "special counsel" to the owner of the company, "Individual-1", who apparently is Trump.
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Rudolph Giuliani, the president's personal attorney, said there were no allegations of wrongdoing against the president in the Cohen case.
In an August 2017 tweet, he wrote, "As the son of a holocaust survivor, I have no tolerance for #racism".
Vanity Fair reports the White House did not respond to multiple requests for comment.
Cohen, 51, pleaded guilty in the Southern District of NY to charges of tax evasion, making false statements to a federally-insured bank, and campaign finance violations.
Trump said it's because Jackson was African-American, and used a homophobic slur to describe him.
Mr Trump has denied he did anything wrong.
Cohen did not make a commitment to cooperate when he pleaded guilty, but it was clear that cooperation could help him get a lighter sentence.
The other charges involve bank fraud and income tax evasion.