President Trump’s personal attorney and long-time “fixer” Michael Cohen remains in his position as deputy finance chair of the Republican National Committee, even though he’s under criminal investigation related to the payment of $130,000 to the porn star, Stormy Daniels, RNC spokeswoman Kayleigh McEnany told Cheddar on Friday. "There's ongoing litigation, and we'll take it step by step, but yes, he is still” in the position within the party, McEnany told Cheddar’s J.D. Durkin. The Justice Department announced last month that Cohen had been under criminal investigation for months over his business dealings in New York City, and his office and home were raided by the FBI which seized records about Cohen’s clients and personal finances. According to The Washington Post, among the records seized were those related to Cohen’s 2016 payment to Daniels, whose real name is Stephanie Clifford, which ensured that she would not discuss her claims to have had a sexual encounter with Trump years before he became president. Among the avenues of investigation are wire fraud and campaign finance violations related to the payment to Daniels. In the interview with Cheddar, McEnany was asked if she had concerns with a person being investigated for campaign finance violations also being responsible for overseeing campaign finance at the RNC. “I have concerns about the violation of attorney-client privilege when the Southern District of New York invaded his office, swept up material, violating the president’s privacy, his client’s privacy, Michael Cohen’s privacy,” she said. “That’s where my concerns lie.” Only a few days ago, Evgeny Friedman, a business partner of Cohen, who was known as the Taxi King of New York, pleaded guilty to charges of criminal tax fraud and grand larceny and agreed to cooperate with prosecutors in state and federal investigations. The plea deal led to speculation that Friedman could provide the government leverage to pressure Cohen into working with Special Counsel Robert Mueller’s probe of Russian meddling in the 2016 election. For the full interview, [click here](https://cheddar.com/videos/rnc-stands-by-michael-cohen-despite-ongoing-investigation).

Share:
More In Politics
SAFE Banking Act to Help Legal Cannabis Operators Still Faces Senate Obstacles
Cheddar's Chloe Aiello joined "Closing Bell" to break down the progress of the SAFE Banking Act in Congress as cannabis businesses operators struggle to find financial institutions that will service them. Banks face steep federal penalties, including the risk of losing a bank charter, if found to be servicing marijuana businesses even if their state has legalized operations. Aiello reported that while there was some bipartisan support for the measure in the Senate, the bill faces some opposition from conservatives with "longstanding concerns" about cannabis and progressives who prefer a more comprehensive approach to reform.
DiDi Delisting Could Signal Forced Decoupling of China-U.S. in Financial Markets
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
Futures Point to Higher Open Despite Jobs Miss, Omicron Spread
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
World Starts Talks On Global Pandemic Plan
Just days after the detection of the Omicron variant, the World Health Organization has agreed to start the process of establishing a global pandemic treaty or accord. Amy Maxmen, senior reporter for Nature, and Dr. Samuel Scarpino, managing director for the Rockefeller Foundation's Pandemic Prevention Institute, joined Cheddar to discuss this effort and what lessons can be learned from the many COVID-19 failures as the world prepares for future pandemics.
Load More