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.
Stocks and bond yields fell sharply Thursday as fears about fallout from the virus outbreak sent more shudders through markets.
The Senate has passed an $8.3 billion measure to help tackle the coronavirus outbreak in hopes of reassuring a fearful public and accelerating the government's response.
Stocks are falling in midday trading on Wall Street, erasing 2 percent from major indexes, a day after they surged 4 percent as the mood swings back to fear about economic fallout from the virus outbreak.
Elizabeth Warren, who electrified progressives with her “plan for everything” and strong message of economic populism, dropped out of the Democratic presidential race on Thursday, according to a person familiar with her plans.
These are the headlines you Need 2 Know for Thursday, March 5, 2020.
The Dow Jones Industrial Average soared more than 1,100 points, or 4.5%, Wednesday as governments and central banks around the globe took more aggressive measures to fight the virus outbreak and its effects on the economy.
Carolyn Dewitt, president of Rock the Vote, a non-profit focused on building the political power of the younger generation, told Cheddar Wednesday that the voting bloc has been flexing their civic muscles in some localities this primary season.
Stocks are rising sharply in morning trading on Wall Street, led by health care stocks after Joe Biden scored a number of Super Tuesday wins. Investors see him as a more business-friendly alternative to Bernie Sanders.
These are the headlines you Need 2 Know for Wednesday, March 4, 2020.
Billionaire Mike Bloomberg has ended his bid for the Democratic presidential nomination and has endorsed Joe Biden.
