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.
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The former CEO of CKE Restaurants and a Republican once tapped to be President Donald Trump's Labor Secretary, told Cheddar Monday that a Sanders nomination would be a win for Republicans.
The Dow Jones Industrial Average sank more than 1,000 points as the spread of the new coronavirus threatened wider damage to the global economy. The drop was the worst for the index in two years and wiped out its gains so far in 2020.
These are the headlines you Need 2 Know for Monday, February 24, 2020.
Bernie Sanders scored a resounding victory in Nevada’s presidential caucuses on Saturday, cementing his status as the Democrats' national front-runner amid escalating tensions over whether he’s too liberal to defeat President Donald Trump.
Huawei's U.S. Chief Security Officer Andy Purdy pushed back against accusations by the DOJ against the Chinese company while it does business with other nations such as the UK.
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.
Stocks fell in midday trading as investors fretted about more signs that a viral outbreak was spreading and a report showing a sharp weakening in U.S. business activity. Investors headed for safer territory.
U.S. stocks fell in early trading Friday as cases of the new virus swelled in South Korea and more companies warned investors about a hit to their finances. Anxiety over the outbreak has knocked stocks back from record highs and indexes are on track for their first weekly loss after two weeks of gains.
These are the headlines you Need 2 Know for Friday, February 21, 2020.
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