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.
More than 6.6 million people applied for unemployment benefits last week, according to new data from the Department of Labor.
Stocks are rising in early trading on Wall Street after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak.
The Centers for Disease Control and Prevention has new guidance for essential workers as it takes a small step toward reopening the country.
By Wednesday, day four of the program, some $80 billion of the $350 billion promised to small businesses in relief loans had been processed. But few lenders, if any, have begun funding any loans, meaning it could still be weeks before businesses receive the relief they desperately need right now.
Stocks are up 3% on Wall Street as investors focus on the optimistic side of data about the coronavirus outbreak’s trajectory.
New Jersey Governor Phil Murphy Wednesday announced an executive order expanding the scope of the state's coronavirus restrictions.
New York Governor Andrew Cuomo announced Wednesday that 779 people in the state have died in a single day, marking another solemn milestone as the state fights to slow down the devastation of COVID-19.
Entrepreneur, NBA owner, and Shark Tank investor Mark Cuban told Cheddar on Wednesday that the coronavirus pandemic could signal a shift in the U.S. economy toward workers.
Bernie Sanders, who saw his once strong lead in the Democratic primary evaporate as the party’s establishment lined swiftly up behind rival Joe Biden, has ended his presidential bid.
California Governor Gavin Newsom said the Golden State had managed to secure a monthly supply of 200 million N95 respiratory and surgical masks, opening up the possibility of helping other states struggling to secure protective supplies.
