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Michael Cohen reportedly separating with his lawyers in federal case

Report: Michael Cohen ‘Likely’ to Cooperate With Federal Prosecutors

President Donald Trump's lawyer Rudy Giuliani on Wednesday evening did his best to downplay reports that Michael Cohen may flip on Trump in order to avoid arrest for a score of possible financial crimes.

Cohen is now seeking new attorneys from New York City who have experience in dealing with the Department of Justice Southern District of New York City office. But ABC News said the firm will not represent him going forward.

Cohen will hire a new lawyer for the next phase of the probe, the person said.

A federal judge has given Cohen's legal team a June 15 deadline to review materials for attorney-client privilege.

Michael Cohen, President Donald Trump's longtime personal lawyer, may be poised to cooperate with prosecutors in the Manhattan US attorney's office.

When asked if the Trump team was anxious that Cohen may have tape recordings that exist without their knowledge, Giuliani was firm that the president was and is "clean as a whistle".

Ryan Says There’s ‘No Evidence’ The FBI Informant Spied On Trump’s Campaign
"I have seen no evidence to the contrary of the initial assessment that Chairman Gowdy has made", Ryan said Wednesday. Ryan also rejected Trump's claim that FBI investigators illegally placed an informant inside his campaign.

McDermott did not immediately respond to the ABAJournal.com request for comment. Cohen is reportedly set to part ways with his legal team.

"What they are talking about is they were bitter over losing the election and some of the people right in Mueller's office were the ones crying - crying like babies the night that Hillary lost", Giuliani said. "Trump should be super anxious about Michael Cohen", a former White House official said. Cohen is now under federal investigation for wire and bank fraud, as well as possible campaign finance violations. As one report described it, "Of the 291,770 electronic files contained on two of Mr. Cohen's cellphones and on one of his iPads, 148 are privileged and will be withheld if the judge approves".

He has been making damning headlines ever since it was revealed in January that he brokered a hush agreement between Trump and porn star Stormy Daniels.

Federal agents stormed into Cohen's domiciles on April 9 and seized a cache of records, including communications between him and Trump. "If Trump broke the law with respect to collusion with Russian Federation during the campaign or in other respects, it is very possible that Cohen knows about it". Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News.

But there's little question that Trump is very anxious about what Cohen might tell prosecutors.

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