The Cohen raid: reading between the lines

Photo: Tom Williams/CQ Roll Call

A former U.S. attorney helps Axios readers interpret the raid: "Here’s what must have happened: Mueller bumped into evidence of criminal conduct that was beyond his scope, so he referred it to the Rod," Deputy Attorney General Rod J. Rosenstein.

Why it matters: "HUGELY important:  Stormy is almost certainly just the tip of the iceberg.  Cohen’s lawyer said the [search warrant] was based 'in part' on referral by Mueller. I expect that after getting the initial referral, the SDNY started poking around and developed independent interest for obtaining the SW."