Transcript for Trump's personal lawyer likely to work with federal prosecutors: Sources
We begin with the breaking headline back home, involving Michael Cohen. Tonight, losing his legal team, and ABC news has learned Cohen will now likely cooperate with federal investigators. The FBI raided his home, office, and hotel room. Confiscating records, documents, and ever since, the scrutiny has been growing. The president has acknowledged Cohen arranged the hush money to stormy Daniels. Here's Pierre Thomas. Reporter: He was one of president trump's closest confidantes, at his side for more than a decade. His longtime lawyer and fixer, Michael Cohen. I'm obviously very loyal and very dedicated to Mr. Trump. I will do anything to protect Mr. Trump. Reporter: That loyalty is now being put to the test. Sources telling ABC news Cohen is likely to cooperate with federal prosecutors. Word he is parting ways with his own attorneys, among the reasons, a source says, a concern over payment of legal fees. He is under incredible pressure. In April, FBI agents raided his apartment, office, and hotel room, seizing documents and more than a dozen phones and electronic devices. So I just heard that they broke into the office of one of my personal attorneys, a good man. And it's a disgraceful situation. Reporter: The U.S. Attorney for New York's southern district is investigating Cohen's personal business dealings, including his role facilitating a hush payment to stormy Daniels, who claims she had an affair with president trump. Why did Michael Cohen make it if there was no truth to her allegations? You have to ask Michael Cohen. Michael's my attorney. And you'll have to ask Michael. Reporter: As the U.S. Torney's office digs into Cohen's close relationship with president trump, special counsel Robert Mueller has questions, too. Sources tell ABC news he wants to know what the president knew about Cohen's efforts relating to Russian real estate investments. The president has insisted his fixer won't flip. Tweeting in April, "Sorry, I don't see Michael doing that despite the horrible witch hunt and the dishonest media." Have you talked to Mr. Trump about a pardon? Reporter: Cohen has not been charged with any crime. Our Jon Karl asked the president if he'd be in line for a pardon. And what about -- Mr. President, what about Michael Cohen? Are you considering a pardon for Michael Cohen? Thank you very much. Stupid question. We remember that moment. Pierre, so much pressure on Michael Cohen tonight. He also obviously knows that one of his own business associates is already cooperating with federal prosecutors? Reporter: That's right, the pressure is mounting. One of his partners in the taxi business is cooperating with the government, and they're in the process of getting access to
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