*By Carlo Versano* President Trump's former campaign chair Paul Manafort is, as of Friday, the latest of the president's ex-associates to plead guilty to felony charges. Manafort was convicted in federal court in August of eight financial fraud charges, though "this is the first time time Paul Manafort has ever admitted to committing a crime," Ben Dreyfuss, editorial director of Mother Jones, said. Friday's plea deal was related to a separate set of charges for which the former political consultant was awaiting trial. As part of the plea, Manafort will cooperate with Special Counsel Robert Mueller's investigation into Russian interference in the 2016 presidential election. That is "massive news," Dreyfuss said. Trump praised Manafort as a "brave man" when he was found guilty of bank and tax fraud last month ー roughly the same hour when Trump's former consigliere Michael Cohen was offering to cooperate, much to the chagrin of the president. Manafort's lawyer said Friday his client had offered "full cooperation," though as Dreyfuss noted, no details have been made public yetー and what specifically Manafort could offer prosecutors remains unknown. "No one knows what he could say except for Trump himself," Dreyfuss said.

Share:
More In Politics
Congress Grills TikTok, Snapchat, YouTube Amid Facebook Scrutiny Over Child Safety
Social media platforms TikTok, Snapchat, and YouTube are facing questions in DC about consumer protections, data security, and product safety for young users. Emily Birnbaum, tech lobbying and influence reporter at Politico, joined Cheddar to provide some background into what led to the congressional hearing and the potential outcome. Birnbaum noted that social media platforms have been attempting to distance themselves from Facebook and the ongoing bad press it garnered in recent months.
New Rules for International Travelers When U.S. Lifts COVID Restrictions
Beginning in November, fully vaccinated international travelers will be able to enter the United States after months of travel restrictions. People under the age of 18 and those from countries without easy access to vaccines will not be required to be vaccinated but all travelers will need to show negative COVID test results before entering.
Apple Likely to Face Antitrust Lawsuit From Justice Department
Apple could soon face a Department of Justice antitrust lawsuit after intensifying its probe into the tech giant, according to a report. The added scrutiny comes after the tech giant had already faced questioning in Washington and concluded an antitrust case brought by Epic Games.
SPAC Linked to President Trump Sees Massive Boom
Last week, shares of Digital World Acquisition Corp skyrocketed after following Former Present Trump's announcement that he would be partnering with the company as part of a Special Purpose Acquisition Company, or SPAC. Christian Munafo, Chief Investment Officer of Liberty Street Advisors and portfolio Manager of the Private Shares Fund broke down the latest, including whether or not Wall Street is currently experiencing a SPAC boom.
Dow, S&P 500 Hit Record Close as Stocks End Monday Higher
Stocks began the week on a high note, with two indexes - the Dow and the S&P 500 - each closing at a record high. Brian Levitt, Global Market Strategist at Invesco, joins Cheddar News' Closing Bell, where he explains why the conditions were in place for a jump during the session and provides insight on inflation concerns in the United States.
Evaluating Future Path for Cryptocurrencies as Bitcoin ETFs Go Public
The price of Bitcoin hit a new all-time high last week following the Wall Street debut of ProShares Bitcoin Strategy ETF. Todd Cipperman, Founding Principal for Cipperman Compliance Services, joins Cheddar News' Closing Bell, where he explains why ProShares' ETF got off to a hot start while Valkyrie's Bitcoin Strategy ETF, which debuted just days later, did not.
Facebook Criticisms Reach 'Boiling Point' With Calls for New Laws, Investigation
Rishi Bharwani, the director of partnerships and policy for nonprofit Accountable Tech, joined Cheddar to discuss the hot button topic of regulatory oversight of social media giant Facebook. Bharwani discussed the bipartisan pieces of legislation already making their way through Congress and said the body should pass stronger data privacy laws, ban surveillance advertising, and require meaningful accountability and transparency from the company. "Now I think we've reached a boiling point where congressional action is needed and inaction is no longer acceptable," he said. Bharwani also called for a concurrent investigation into Mark Zuckerberg's company.
Load More