Cohen ‘Likely’ to Cooperate

Clay Curtis
June 13, 2018

Cohen's team is in the process of going through millions of documents to sift out privileged materials, but with a deadline for this approaching on Friday, the firm will reportedly not be involved in the matter afterwards.

Attorneys for Michael Cohen, President Donald Trump's former longtime personal attorney, are expected to stop representing him, multiple outlets reported Wednesday.

Cohen has not been charged with a crime, but the Federal Bureau of Investigation raid of his home, hotel room and office in early April revealed that prosecutors had zeroed in on his personal financial dealings, including the payment he made to porn star Stormy Daniels on Trump's behalf before the election.

It wasn't clear what prompted the change or who would take over.

"It would be a conflict right now for him to be the president's attorney", Giuliani said on ABC's "This Week With George Stephanopoulos". (Reached for comment, Cohen wrote in a text message, "Your alleged source is wrong!") The specter of Cohen flipping has Trump advisers on edge.

Oil prices drop as supplies increase
US ally Saudi Arabia remains OPEC's most powerful member - with enough production capacity to manipulate global supplies. In April, Trump also blasted OPEC on Twitter, accusing the group of "artificially" raising oil prices.

Following a 9 April raid on his residences and office, Cohen has been represented by Stephen Ryan and Todd Harrison of the firm McDermott, Will & Emery LLP.

The investigation is reported to be regarding possible campaign finance violations related to the $130,000 payment made to adult film star Stormy Daniels in exchange for her silence regarding an affair she claims to have had with Trump. While the Journal's sources report that Cohen has not decided whether to cooperate, ABC reports that he will.

Federal prosecutors in NY have publicly said they are investigating alleged fraud in Cohen's business dealings, but haven't disclosed details.

It isn't unusual for high-profile figures facing potential criminal charges to look for attorneys who have deep experience in the court where the case is expected to be tried, and a track record of negotiating with local prosecutors.

"Not a good look and a disaster for Mr. Cohen and Mr. Trump", he said.

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