*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.
The White House has put forward a $1.7 trillion infrastructure counteroffer to Senate Republicans.
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.
The White House is pushing a new reason to swipe right: Dating apps are starting to offer vaccination badges and “super swipes” for people who've gotten their coronavirus shots.
Israel and Hamas have announced a cease-fire to end a bruising 11-day war that caused widespread destruction in the Gaza Strip and brought life in much of Israel to a standstill.
President Joe Biden signed legislation Thursday designed to curtail a dramatic rise in hate crimes against Asian Americans and Pacific Islanders.
Anyone who gets vaccinated at select state-run vaccination sites in New York next week will receive a lottery scratch ticket with prizes potentially worth millions, as the state tries to boost slowing vaccination rates.
Amazon says it will extend its ban on police use of its face-recognition technology beyond the one-year pause it announced last year.
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The U.S. economy’s faster-than-expected reawakening had some Federal Reserve officials discussing whether it might be time to start planning for easing back on one of the central bank’s levers for keeping interest rates low.
The European Union has taken a step toward relaxing travel for visitors from outside the bloc, with EU ambassadors agreeing on measures to make it easier for fully vaccinated visitors to get in.
Load More