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 Trump has already spurned key allies at the annual summit, accusing Germany of being a "captive of Russia." Cheddar's J.D. Durkin, who is on the ground in Brussels, gets into the latest.
The U.S. tariffs would only end up hurting the consumer and the automakers employees across its plants and distribution centers in America, says Zack Hicks, CEO and president of the Toyota Connected unit in North America.
President Donald Trump nominated the DC appellate court judge to replace Supreme Court Justice Anthony Kennedy, who's retiring at the end of the month.
A study finds male political reporters in Washington, D.C., retweet other men more than women. “Men and women are operating in gender echo chambers in Washington on Twitter,” says Nikki Usher, the lead author of the study.
Members of the military alliance are prepared to be spurned by the president and worry he may start to unravel the organization. But the Trump administration has, in fact, increased its spending on NATO, suggesting that worries surrounding the event might not turn transpire, says Dan Michaels, the Wall Street Journal Brussels bureau chief.
American cheese producers that rely heavily on exports are already feeling the impact of tariffs on their products, forcing them to reconsider their strategy completely, says Heather Hadden, a reporter for the Wall Street Journal.
Although the recent job report showed the U.S. economy added 213,000 jobs in June, the trade war is predicted to have a significant impact on the economy. "Unless we get either isolated resolutions of these disputes or global resolutions ... we don't see any momentum in that space," Mark Hamrick, senior economic analyst at Bankrate.com, tells Cheddar.
President Trump is expected to submit his Supreme Court nominee to replace Justice Anthony Kennedy on Monday.
The three favorites are almost "identical" in policy stances, says Rick Hasen, professor of law and political science at UC-Irvine.
The U.S. tariffs on Chinese products that kicked in on Friday are specifically targeted at high-tech goods, an attempt to crack down on alleged intellectual property theft. But they could end up raising the cost of products like e-cigarettes, e-bikes, and smart home devices that are overwhelmingly used by millennials, says Axios reporter Erica Pandey.
U.S. tariffs on $34 billion worth of Chinese goods kicked in early Friday, prompting China to respond in kind and escalating tensions between the two countries into what Beijing describes as "the biggest trade war in economic history."
