The former attorney to President Donald Trump took a plea deal Tuesday, admitting he paid off Stormy Daniels at the behest of President Trump. Cohen was charged with financial fraud, unlawful corporate campaign contributions, and evading personal income tax. For full interview [click here] (https://cheddar.com/videos/michael-cohen-enters-plea-deal).
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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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