Michael Cohen, President Trump's former lawyer who has been under investigation for tax and bank fraud, reportedly accepted a plea arrangement with federal prosecutors in New York Tuesday. It remains unclear whether Cohen is cooperating with investigators or just accepting an agreement in exchange for a lighter sentence.
ABC first reported the plea after NBC and others reported earlier in the day that Cohen was discussing a deal, which, should it involve Cohen ultimately cooperating with the Mueller investigation, would have the potential to significantly impact the president.
Federal investigators raided Cohen's office in April in search of documents and materials related to payments he made to women who alleged they had relationships with the president.
Cohen, a longtime Trump loyalist, only recently began to indicate that his commitment has limits, saying in an [interview] (https://abcnews.go.com/GMA/News/video/exclusive-president-trumps-personal-attorney-michael-cohen-speaks-56309885) last month that he put his family and country before the president.
This is a developing story, check back for updates.
Jill and Carlo talk about the latest from Tokyo including Simone Biles plans to compete in the balance beam final, Dr. Fauci's dire Delta warning, high profile vaccine mandates from employers like Walmart and Disney, and Square's acquisition of Afterpay.
A shortage of ammunition in the U.S. is having an impact on law enforcement agencies, people seeking personal protection, recreational shooters and hunters.
Scientists who studied a big COVID-19 outbreak in Massachusetts concluded that vaccinated people who got so-called breakthrough infections carried about the same amount of the coronavirus as those who did not get the shots.
The Biden administration has announced sweeping new pandemic rules for federal workers and some contractors.
U.S. regulators have taken action that will make it easier to get a cheaper and similar version of a brand-name insulin at the drugstore.
A new interactive tracker from the Atlantic Council shows that 81 countries are at some stage of development with a central bank digital currency, but the U.S. is notably absent from its list of frontrunners.
Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in the clearest sign to date that the nation has achieved a sustained recovery from the pandemic recession.
The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.
Fed-watchers had their ears peeled after Wednesday's meeting of the Federal Reserve's Open Market Committee for any signal of when the central bank might start tapering its $120 billion in monthly assets purchases.
President Joe Biden and a bipartisan group of senators have reached a deal over major outstanding issues in a $1 trillion infrastructure bill.
Load More