NBC News reports President Trump's longtime personal attorney Michael Cohen is discussing pleading guilty to tax and bank fraud charges and cutting a deal with prosecutors in the Southern District of New York.
...[S]ources stress no deal has been reached but do say the potential deal could be reached as early as today.
The plea could have significant implications for Trump, who has blasted Cohen ever since his former fixer and his attorney, old Clinton hand Lanny Davis, began signaling this summer that Cohen might cooperate with special counsel Robert Mueller’s investigation.
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In addition to bank and tax fraud questions arising from Cohen's taxi business, federal prosecutors are looking into whether the hush-money payments Cohen arranged with women who claimed they had sexual encounters with Trump amount to violations of campaign finance law.
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Several major companies say Cohen contacted them after Trump’s upset victory in the 2016 president election promising access to the new administration. An official with the pharmaceutical company Novartis said the company signed a one-year, $1.2 million contract with Cohen, and AT&T also said it has met with Cohen. AT&T confirmed in an email to employees saying it had hired “several consultants” in early 2017 to help it “understand” the incoming administration.
Both Novartis and AT&T said they had been contacted by Mueller’s investigators.
Ex-Trump lawyer Michael Cohen discussing plea deal with prosecutors (NBC News)