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In a separate tweet, Trump said, "If anyone is looking for a good lawyer, I would strongly suggest that you don't retain the services of Michael Cohen".

Trump's attorneys said Cohen is lying in order to get better treatment from prosecutors over his own illegal conduct.

Speaking on Tucker Carlson's Fox News show on Tuesday, Dershowitz said that breaking campaign finance laws - which Cohen recently admitted to doing "at the direction" of Trump - is regarded as being similar to "jaywalking" in the world of political campaigns.

"The developments of today will permit us to have the stay lifted in the civil case & should also permit us to proceed with an expedited deposition of Trump under oath about what he knew, when he knew it, and what he did about it", Avenatti tweeted.

The president's longtime lawyer dealt him a bitter political blow as he admitted to felony charges in NY that included making illegal campaign contributions. She referred substantive questions to the president's personal counsel Rudy Giuliani, who was at a golf course in Scotland. Did they come out of the campaign?

The first campaign finance charge Cohen pleaded guilty to was knowingly and willfully causing a corporation to make a contribution and expenditure over the legal limit in an effort to influence an election.

Under US election law, campaign contributions, defined as things of value given to a campaign to influence an election, must be disclosed. Cohen said Trump directed him to arrange the payment of hush money to porn star Stormy Daniels and a former Playboy model to fend off damage to his White House bid.

Trump has insisted that he only found out about the payments after they were made, despite the release of a September 2016 taped conversation in which Trump and Cohen can be heard discussing a deal to pay McDougal for her story of a 2006 affair she says she had with Trump. There would presumably be no bar against charging a president after he or she leaves the White House.

Mr Manafort's convictions for eight charges of bank and tax fraud came minutes before Mr Cohen's admittance of guilt in what has been dubbed President Trump's "worst hour". He faces another trial next month. "President Obama had a big campaign finance violation and it was easily settled!"

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China "has been developing strike capabilities to engage targets as far away from China as possible", the report states. As per the report, the United States and China have announced tariffs on a range of goods belonging to each other.

While in West Virginia, Trump offered brief comments on Manafort.

Cohen's lawyer Davis explained his client's about-face as "Michael fulfilling his promise.to put his family and country first and tell the truth about Donald Trump".

Dershowitz, a columnist for the Hill who has said he's a liberal Democrat and voted for Hillary ClintonHillary Diane Rodham ClintonCohen's lawyer on Trump Tower meeting: Cohen was "present at a discussion with" Trump and Trump Jr.

Trump contrasted Cohen's actions with those of Manafort, whom he described as "such a fearless man".

On Wednesday, Trump broke his uncharacteristic silence over the Cohen case in an early morning tweet that appeared to be an attempt to make light of the situation.

"On August 21, Michael Cohen made the decision to take legal responsibility and to continue his commitment to tell the truth".

Mr Schumer said he was concerned that Mr Kavanaugh, a federal appeals judge, told him during a Tuesday meeting that presidents should not be subject to criminal or civil investigations - or even be required to comply with related subpoenas - while in office, and that impeachment by Congress is the only legal recourse.

Davis said he chose his words carefully so as not to violate attorney-client privilege by revealing the specifics of what Cohen had told him.