David Pecker granted immunity in Cohen investigation

David Pecker, CEO of American Media, Inc., which publishes The National Enquirer, has been granted immunity for providing information to federal prosecutors about President Trump's knowledge of Michael Cohen's payments prior to the 2016 election to two women who alleged sexual encounters with Trump, per Vanity Fair. The WSJ first reported Pecker's cooperation Wednesday.

Why it matters: Pecker, who has been working with Trump since the late 1990s, and his chief content officer, Dylan Howard, are the latest to defect from Trump's close circle of confidants and advisors. They join the likes of Cohen himself, who has implicated Trump in his violation of campaign finance law.