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Judd Legum @JuddLegum
, 4 tweets, 1 min read Read on Twitter
IMPORTANT: Cohen is not pleading guilty to the taxi medallion stuff (at least not yet).

He's pleading guilty to orchestrating illegal hush money payments to women who allege they had affairs with Trump

Buckle up.

goo.gl/KBTsgX
Don't put too much stock in the idea that there is no "cooperation deal"

The guilty plea will include an agreed upon statement of facts. Those facts could (or could not) implicate Trump.
It's the campaign finance stuff to keep an eye on

If Cohen pleads guilty to a campaign finance violation involving the payment(s) to Daniels and/or McDougal and agrees to a statement of facts that he discussed the payments with Trump it doesn't matter whether he is formally "cooperating" or not.

Stay tuned.
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