more breaking news, involving michael cohen. multiple sources familiar with the matter telling nbc news the president's former personal attorney is discussing a possible guilty plea with federal prosecutors in new york in connection to alleged tax fraud and banking matters. joining mow now, nbc white house correspondent kristen welker, msnbc political analyst peter baker, and wnbc chief investigative reporter jonathan dienst who is breaking this story. jonathan, there's been silence for the last a couple of weeks from the michael cohen camp, from lanny davis, his lawyer, which certainly indicated that he might be in conversations with the prosecutors. this is not the mueller team, this is the prosecutors, as you know so well, in new york at the southern district. what do we now know from your sources? >> we know these talks are under way between michael cohen's attorneys and federal prosecute erg ers, and that a deal on a potential guilty plea could be reached as early as this