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.
President-elect Joe Biden will have an all-female communications team at his White House, a first for the presidency.
Congress is returning to Washington for one last attempt at deal-making this year.
President-elect Joe Biden has announced several of his most senior economic advisers.
Moderna Inc. says it will ask U.S. and European regulators to allow emergency use of its COVID-19 vaccine as new study results confirm the shots offer strong protection
Here are the headlines you Need2Know for Tuesday, November 25, 2020:
A federal appeals court in Philadelphia has rejected President Donald Trump’s latest effort to challenge the election results in a case that could reach the U.S. Supreme Court if Trump appeals.
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.
President-elect Joe Biden's choice of Janet Yellen for treasury secretary isn't rattling many cages on Wall Street where analysts expect her to hew closely to outgoing Secretary Mnuchin's policies.
President Donald Trump has pardoned former national security adviser Michael Flynn, taking direct aim in the final days of his administration at a Russia investigation that he has long insisted was motivated by political bias.
Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income, and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
