*By Christian Smith*
President Trump is opening himself up to allegations of obstruction by publicly dangling a pardon in front of his former campaign chairman Paul Manafort, "Proof of Collusion" author Seth Abramson told Cheddar on Monday.
Prosecutors last week accused Manafort of violating his plea deal, claiming he lied to investigators during their investigation about the Trump campaign's ties to Russia. Manafort had already guilty to bank and tax fraud in order to avoid convictions on other charges as part of the agreement. The charge that he broke that deal by lying puts him in an "enormous amount of legal danger," said Abramson, a former criminal defense attorney.
President Trump said last week that he had not discussed a pardon for Manafort, but that he would not "take it off the table."
"It's not just that President Trump is refusing to rule out a pardon, he really has many times over the past few months publically dangled a pardon in front of Paul Manafort. And just today, we saw him tweet about Roger Stone and seem to be encouraging Roger Stone not to cooperate with federal investigators," Abramson said. "So there's a real concern here about both obstruction and witness tampering."
Stone, Trump's former campaign advisor, is expected to be interviewed by the special counsel about his contact with WikiLeaks during the campaign. On ABC's "This Week" on Sunday, Stone said he would not testify against the president.
In a Monday tweet, Trump approvingly quoted Stone as saying "I will never testify against Trump." He added: "Nice to know that some people still have 'guts!'"
Abramson said he expects Trump's legal jeopardy to only increase.
"I think what we should expect is that things will continue to get worse and worse," Abramson said. "This will get closer to the president. It will go into his family and his top aides, and I think that with every day that he tweets he creates the risk of additional charges of obstruction and witness tampering."
For full interview [click here](https://cheddar.com/videos/things-are-only-going-to-get-worse-for-president-trump-says-proof-of-collusion-author-seth-abramson).
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach. In remarks in Providence, Rhode Island, Powell noted that there are risks to both of the Fed’s goals of seeking maximum employment and stable prices. His approach is in sharp contrast to some members of the Fed’s rate-setting committee who are pushing for faster cuts.
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The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
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President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Chief Justice John Roberts has let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by the Supreme Court.
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