The Note: Fate of Trump's presidency rests in the FBI's hands

The Trump-Russia investigation now has its own special counsel.

— -- WHAT YOU NEED TO KNOW TODAY

  • The Trump-Russia investigation now has its own special counsel, with Deputy AG Rod Rosenstein caving to pressure by choosing former FBI Director Robert Mueller to lead the probe.
  • Trump tweeted this morning: “This is the single greatest witch hunt of a politician in American history!"
  • Mike Flynn told the Trump transition team before inauguration he was under federal investigation for his ties to Turkey, according to a New York Times report
  • Flynn and other Trump campaign associates communicated with Russian officials in at least 18 phone calls and emails, Reuters reports
  • THE TAKE with ABC News’ RICK KLEIN

    This won’t be pretty, and it won’t be fast. The appointment of Robert Mueller as special counsel creates a rare bipartisan moment, built on respect for the longest-serving FBI director not named Hoover, which may manage to hush the political frenzy of the moment. But don’t mistake the quiet for relief among the president’s allies. Special counsels can take things anywhere, and having one in place just four months after the inauguration gives the president a powerful and unpredictable counterweight. Mueller has 60 days just to propose a budget, and the word at the White House is that the inquiry could last years. And settling this matter refocuses the investigation to substance rather than process. New details are already emerging about Michael Flynn, and Mueller’s scope can easily expand to include the president’s alleged attempts to influence the investigation. Worth remembering: The fate of the Trump presidency now appears to rest on the reputations and actions of two former directors of the FBI.

    HE SAID, HE SAID

    QUOTE OF THE DAY

    “Look at the way I've been treated lately. Especially by the media. No politician in history, and I say this with great surety, has been treated worse or more unfairly. You can't let them get you down.” - President Trump at the Coast Guard Academy commencement in New London, Conn. yesterday

    THE SLEEPER STORY with ABC News’ Shushannah Walshe

    NEED TO READ with ABC News’ Adam Kelsey

    How did Trump take the special counsel news? The White House only got a brief head’s up that the news of Mueller’s appointment was coming. A group of senior White House staff members huddled with Trump in the Oval Office where he offered a measured response, according to a senior White House official. http://abcn.ws/2quYmLU

    Who is Robert Mueller, the man at the center of the Russia probe? The longest-serving FBI director since Hoover, Mueller, who was appointed by former president George W. Bush, has a history with Comey, who succeeded him. http://abcn.ws/2rtcNxS

    What was the reaction? After a growing chorus for an independent voice, Mueller’s appointment appears to have quieted some concerns on the Hill. http://abcn.ws/2pMrpvg

    Michael Flynn likely to be key in probe. ABC News has confirmed that a federal grand jury has issued subpoenas to Flynn’s private-sector associates and the U.S. Senate Select Committee on Intelligence has requested documents detailing Flynn’s foreign contacts, his business clients, and his communications with the Russian ambassador. http://abcn.ws/2qulNok

    WHAT TO WATCH TODAY