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).
President Joe Biden said Tuesday that the U.S. will begin to impose sanctions on Russia, calling recent troop movement into Ukraine an 'invasion.' Biden and other government officials including from the State Department have begun to classify the Russian troop movement as an invasion after Russian President Vladimir Putin ordered troops to two independent Ukrainian areas in an alleged "peacekeeping" mission — which the West considers an act of aggression. Biden said Russia will continue to pay 'an even steeper price' if it continues sending troops into Ukraine. What happens next? Will Putin find a way around these sanctions? Ariel Cohen, senior fellow at the Atlantic Council, joins Closing Bell to discuss Biden's remarks, how the West will protect Ukraine since it doesn't belong to NATO, and more.
Russian lawmakers have given President Vladimir Putin a military force authorization in Ukraine, and President Biden has described Putin's announcement declaring the independence of two provinces within Ukraine and his subsequent deployment of peacekeepers as tantamount to "invasion. David Tafuri, a former Obama campaign foreign policy advisor and Bush State Department official, joined Cheddar News to discuss. "The Ukrainian military occupies more than 70 percent of those provinces still," Tafuri said, noting Putin alleged having a responsibility to defend those regions. "This would put Ukrainian forces and Russian forces right at each other engaged. And that might be how the war starts."
The major indexes ended Tuesday's session sharply lower due to escalating tensions between Russia and Ukraine. Bill Stone, Chief Investment Officer at The Glenview Trust Company, joins Cheddar News' Closing Bell, where he reminds viewers that Wall Street doesn't like uncertainty, and more of the recent losses are due to geopolitics than inflation.
Karim Hijazi, CEO of Prevailion, joins Cheddar News' Closing Bell, where he says that crypto's decentralized nature will pose obstacles for the FBI's new crypto unit, but it will also make progress with items such as managing fraudulent exchanges.
The Retail Industry Leaders Association released a report alleging the safety risks, economic losses, and potential job losses they link to a surge in shoplifting crimes in the United States. Lisa LaBruno, senior EVP of retail operations at the trade organization, joined Cheddar News to discuss the impact of websites that allow for the resale of unverified goods and passing the INFORM Consumers Act to stamp it out. “We need to hold the online marketplaces accountable for being a favored venue for criminals to resell stolen product," LaBruno said. "And that is exactly what the INFORM Act is designed to do."
The East-West faceoff over Ukraine has escalated dramatically, with Russian lawmakers authorizing President Vladimir Putin to use military force outside his country and President Biden and European leaders responding by slapping sanctions on Russian oligarchs and banks.
Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the U.S., European Union and U.K. responded with economic sanctions.
