Michael Cohen pleads guilty

The president's former lawyer pleaded guilty to campaign finance violations. ABC News' Janai Norman reports.
2:49 | 08/22/18

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Transcript for Michael Cohen pleads guilty
We say good morning on a busy Wednesday and had this gives us an. And Lynda Lopez in for Diane Macedo we begin with president trumps former personal attorney now facing prison time and implicating the president in a felony Michael calling has. Pleaded guilty to campaign finance violations including illegal campaign contributions. Telling the judge he was working at the direction. Then candidate trap that the guilty plea came on the same day that former trump campaign chairman Paul Mann a port was found guilty at his tax fraud trial. Both cases dominating the front pages of newspapers around the world this morning one tabloid headline here in New York. Saying dons con. Your post there and we begin with the culling case and what it could mean for the president ABC's shenae Norman has the latest. From DC this morning today. Kenneth Finland good morning my children is facing up to five years behind bars he's expected to be sentenced in December but it's the implication for president trump veteran of spotlight after that historic guilty plea by his former fixer. Michael what about the credit he was in the president's inner circle but now on the outs longtime personal tourney at fixer Michael Cohen who once said he'd take a bullet for Donald Trump. Pleading guilty to illegally paying hush money to silence to women. Who claimed to have had sex with the president. Telling a judge Hughes working in coordination enact the direction of a candidate for federal office Coleman's lawyer Lanny Davis telling MSNBC. It was a crime for president trump to direct Michael Coen. To the crime of a campaign finance donation that exceeded the legal limitations. Eleven days before the election he paid off porn star stormy Daniels who claimed she had a one night stand with trump thing. The president tonight knowing about it though prosecutors say Cohen was reimbursed by the Trump Organization. That is a cover up. Here by our now president United States that is undeniable. He directed Michael cone to make this payment and 130000 dollars. Cohen also paid off care and McDougal the former Playboy playmate who claimed to have had a yearlong affair with trump. Who also denied knowing about that payment. The president's lawyer Rudy Giuliani saying there's no allegation of any wrongdoing against the president in the government's charges against mr. calling. It is clear that as a prosecutor noted mr. Klein's actions reflect a pattern of lies in dishonesty over significant period of time. And president trump was confident his former right hand man wouldn't turn on am. Michael Cohen once saying he take a bullet for the president but he was clearly looking to cut a deal. Court documents showing Donald. Candice in London. To Jane Orman thanks so much.

This transcript has been automatically generated and may not be 100% accurate.

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