Cohen likely to cooperate with federal prosecutors

Michael Cohen personal lawyer to President Trump exits Federal Court in New York in April

Michael Cohen personal lawyer to President Trump exits Federal Court in New York in April. Bloomberg Victor J. Blue

Both ABC and The Wall Street Journal reported Weednesday that the firm will cease representing Cohen after a review of the documents seized has been completed.

Attorneys who have been representing President Donald Trump's lawyer Michael Cohen during a federal criminal investigation will be leaving the case, according to a new report from ABC News.

Ryan and partner Todd Harrison recently went to court to try and prevent investigators from seeing some confiscated files after a raid on Cohen's office and home in April.

It wasn't immediately clear what prompted the change or who would take over. Mr. Cohen wants to hire a lawyer with close ties to the Manhattan U.S. attorney's office, the people said.

A source told the network that the law firm that has been representing Cohen is not expected to work with him going forward.

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Cohen's cooperation would not be welcome news for Trump, his family and others in his inner circle as Cohen has handled some of the commander-in-chief's most sensitive matters, including the $130,000 paid to porn queen Stormy Daniels to keep quiet about her alleged one-night stand with Trump in 2006.

The U.S. Attorney's Office for the Southern District of NY is investigating Cohen for various possible crimes, including potential bank fraud and campaign finance violations.

"Trump should be super anxious about Michael Cohen [flipping]", a former White House official said, noting, "If anyone can blow up Trump, it's him".

"Not a good look and a disaster for Mr. Cohen and Mr. Trump", he said.

Cohen has not yet been contacted by the prosecutors who are conducting the inquiry, said two people briefed on the case.

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