Things Are Looking Very Bad for Trump 'Fixer' Michael Cohen - Here's Why

President Trump's personal attorney Michael Cohen is likely to cooperate with federal prosecutors

Report: Michael Cohen ‘Likely’ to Cooperate With Federal Prosecutors

Federal Judge Kimba Woods set a Friday deadline for that task.

Mr. Trump, Cohen's client for years, bemoaned the raid of Cohen's records, declaring on Twitter the day after the raids, "Attorney-client privilege is dead!"

CBS News correspondent Jeff Pegues, who has been in contact with Cohen, reports there appear to be changes afoot in his legal strategy going forward - on the key question of whether Cohen is ready to cooperate, or whether he will decide to do battle in court. Now, Cohen it seems, is angling for Trump to intervene in his case as well. She rejected three items that Cohen, Trump or the Trump organization had designated as privileged.

A replacement firm has not been named, ABC News said.

Cohen's legal team will stick with him until a review of more than 3.7 million documents seized from Cohen's offices and home in April is complete, the Times and Wall Street Journal reported.

While Cohen has not been charged with a crime, he is the subject of an investigation by federal prosecutors of alleged wire fraud and other crimes.

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"He expects to be arrested because his lawyers, he says-to the friend-got a call from lawyers at the SDNY saying they're preparing paperwork", Tur reported.

National security lawyer Bradley P. Moss told Law&Crime earlier Wednesday that the Cohen news is a big deal for Trump.

A person familiar with the matter told The Associated Press on Wednesday that Cohen's current legal team plans to stop handling the case and that Cohen has begun a hunt for new attorneys.

A spokeswoman for the US attorney's office in Manhattan declined to comment.

"There's a lot of speculation about whether Mr. Cohen can pay Mr. Ryan's fees", the Fox Business correspondent continued. "But he also is fearful of making that public because of chances it further pushes Cohen toward SDNY".

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