RNC Confirms Michael Cohen Remains Deputy Finance Director
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).
Experts warn that social media is a root cause of mental health issues among many young adults. Sen. Tammy Baldwin (D-Wis.), who co-wrote a letter to TikTok demanding why its algorithms promote toxic content, joined Cheddar to discuss.
The United Nations High Commissioner for Refugees (UNHCR) has reported that an estimated one million people have fled from Ukraine since Russia invaded. Christopher Boian, senior communications officer at UNHCR, joined Cheddar News to report on the current refugee crisis and what the world might expect if conditions continue to worsen. "We have planning figures that forecast as many as four million people could be forced to flee Ukraine," he said. "But that very much depends on how the conflict underway in that country at the moment unfolds in the days and possibly weeks ahead."
Under the U.S. Renewable Fuel Standard (RFS), corn-based ethanol has been mixed into gasoline sold at pumps in the U.S. since 2005, when a policy was enacted aimed at reducing emissions. Corn-based ethanol had been thought to be a relatively greener energy source compared to other biofuels, but now, a new study published in the Proceedings of the National Academy of Sciences reports it may be actually worse for the climate than straight gasoline. Tyler Lark, an assistant scientist at the University of Wisconsin-Madison's Center for Sustainability, joined Cheddar News' Closing Bell and discussed the pushback against the study. "Essentially when you need to produce more corn to meet the demand for use as ethanol as fuel, farmers respond and they switch more crops like soybeans and wheat into corn," Lark said. "They also bring more land into production, so things that used to be pasture grassland, and both those activities are associated with increased greenhouse gas emissions."
U.S. President Joe Biden’s administration on Thursday announced new sanctions against Russian oligarchs and others in President Vladimir Putin’s inner circle.
Christian Blauvelt, executive managing editor at IndieWire, joins Cheddar News to discuss the growing number of studios pulling content from Russia over Ukraine invasion.
Russian forces are battling for control of a crucial energy-producing city in Ukraine’s south and gaining ground in their bid to cut off the country from the sea.
In the past few years, Betthany Frankel has made a major name for herself as a philanthropist after founding the
BStrong initiative, which has provided relief to people impacted by natural disasters as well as the COVID-19 pandemic. Now, BStrong is shifting its focus to Ukraine, raising millions of dollars in donations for those impacted by Russia's invasion. Bethenny Frankel, the founder of BStrong, joins Cheddar News' Closing Bell to discuss.
Bryan Lee, Chief Investment Officer at Blue Zone Wealth Advisors, joins Cheddar News' Closing Bell, where he elaborates on the volatility we've seen in the markets this week fueled by rising oil prices and the ongoing Russian invasion of Ukraine.
