potentially it could be big. i mean, looking at michael cohen, what this means is the same tactic that we have seen happening in this investigation out of the southern district of new york, is happening, that we see happen in the mueller investigation. they go after other witnesses, encourage them to cooperate, and in this case you have this business partner who is cooperating, being offered significant being offered a potential sentence that is much smaller than what he could be facing. he could be facing 25 years for each count, owing millions of dollars in back taxes. all of that is being reduced, which says to me that he has some information that prosecutors would be interested in regarding michael cohen. that subsequently puts more pressure on michael cohen to cooperate to reduce his potential legal exposure and talk about whatever he knows that could aid the mueller investigation. it also, since this is outside of the jurisdiction of the mueller investigation, it really cou
the president s economic team. wall street already acting tonight negatively in contrast to what we are hearing from main street, praise for the president s tough stance on tariffs. we have got team coverage for you tonight. trace gallagher with the latest on on this late-breaking showdown between the trump administration on the california, but we start with chief national correspondent ed henry and what he is learning about the departure of white house economic advisor gary cohn. shannon, great to see you. breaking tonight, they are already plans to replace gary cohn from conservative supply-side economics, larry kudlow, to trade advisor peter navarro. remember, he beat out cohn on the tariffs issue in recent days, while he was correct when he said, there is turnover in every single white house, there has been a particularly large number of departures recently from hope hicks to report her, multiple press secretaries, national security advisors, yes, chiefs of staff. what
spoke out about russian election meddling. it appears mueller has convinced yet another witness to cooperate. and an adult film star is now suing donald trump. more on all of that ahead, but we begin with a major departure, another departure from this white house, gary kohn, a wall street heavyweight, who is the president s chief economic adviser has resigned. kwoen a new yorker like the president is former president of goldman sachs, he served for 14 months as head of the national economic council. his decision to leave appears to have been triggered by donald trump s plan to impose stiff tariffs on aluminum and steel. we ll be making a decision soon on the appointment of a new chief economic adviser. many people wanting the job, will choose wisely. gary kohn s resignation reported by the times this afternoon, foreshadowed by this image of his empty chair. the news of kohn s decision broke shortly after this remark. the white house has tremendous energy. it has tremendous
everybody wants a piece of the white house? except for the steady stream of top officials who have backpac their bags and headed for the doors. it s record breaking in every way. the president now going to have three communications directors in a very short time, but no, the brain drain is extraordinary. some of these people were absolutely not qualified for their jobs but the latest, gary cohn, very qualified who is leaving. his impending departure is shaking the market this morning. and the wall street journal, here s the headline here. cohn quits and if you go inside and you look at the editorial, the wall street journal writes, mr. trump s increasingly self-damaging style of managing officials. it s a leadership fiasco that cost mr. trump a key ally. it is a loss and this presidency cannot afford more like it. you know, mika, a lot of people last night were criticizing gary cohn saying well, gee, he should have left after charlottesville or he should have left after
good evening once again from our nbc news headquarters in new york. day 411 this was. it brought us a number of developments, the president spoke out about russian election meddling. it appear s mueller has convincd yet another witness to cooperate. and an adult film star is now suing donald trump. more on all of that ahead, but we begin with a major departure, another departure from this white house, gary kohn, a wall street heavyweight, who is the president s chief economic adviser has resigned. kwoen a new yorker like the president is former president of goldman sachs, he served for 14 months as head of the national economic council. his decision to leave appears to have been triggered by donald trump s plan to impose stiff tariffs on aluminum and steel. we ll be making a decision soon on the appointment of a new chief economic adviser. many people wanting the job, will choose wisely. gary kohn s resignation reported by the times this afternoon, foreshadowed by this im