>> i will do anything to protect mr. trump. >> reporter: cohen once said he would take a bullet for his number one client. >> i'm obviously very loyal and very dedicated to mr. trump. >> reporter: and the president has told me his former fixer would never turn against him. >> i just wanna know if you're worried he's gonna cooperate with federal investigators. >> no i'm not worried because i did nothing wrong. >> got it. >> reporter: but now, under increasing pressure from federal prosecutors, sources tell us cohen is likely to cut a deal. he recently told george stephanopoulos, "my wife, my daughter, and my son have my first loyalty and always will. i put family and country first." tonight, the president's lawyer says he's not worried about that secretly recorded conversation, and cohen's own attorney tweeting, "when the recording is heard, it will not hurt michael cohen. any attempt at spin cannot change what is on the tape." >> all right. so let's bring in kyra phillips at the desk tonight. and this development led many people to ask almost immediately, was this the only