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.
Senate Republicans have blocked the creation of a bipartisan panel to study the Jan. 6 attack on the Capitol.
Far more Americans are receiving unemployment benefits than the last time the jobless rate was at the current 6.1%.
The world's two largest economies, China and the United States, look to build their own digital currencies even as they look to reign in the private crypto sector.
Excessive sanitizing over COVID-19 fears may actually be harming more than helping. Cheddar explains.
The District of Columbia has sued Amazon, accusing the online retail giant of illegal anticompetitive practices in its treatment of sellers on its platform.
The White House says the United States on Tuesday will reach 50% of American adults fully vaccinated for COVID-19.
The White House says President Joe Biden is awaiting an infrastructure counteroffer from Senate Republicans. But talks are at standstill before a Memorial Day deadline.
The White House has put forward a $1.7 trillion infrastructure counteroffer to Senate Republicans.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The White House is pushing a new reason to swipe right: Dating apps are starting to offer vaccination badges and “super swipes” for people who've gotten their coronavirus shots.
