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Michael Cohen, center, following a meeting with the Senate Intelligence Committee. Photo: Tom Williams/CQ Roll Call via Getty

The FBI raided the office and hotel room of President Trump's personal lawyer, Michael Cohen, on Monday and took records and payments relating to Stormy Daniels' case as well as communications between Trump and Cohen, per the New York Times.

Federal prosecutors in Manhattan reportedly received the search warrant after obtaining a referral from Special Counsel Robert Mueller. The search appears to not be directly linked to Mueller, but it's likely he shared relevant information he had uncovered in his own probe with prosecutors, according to the Times.

“Today the U.S. Attorney’s Office for the Southern District of New York executed a series of search warrants and seized the privileged communications between my client, Michael Cohen, and his clients. I have been advised by federal prosecutors that the New York action is, in part, a referral by the Office of Special Counsel, Robert Mueller.”
— Cohen's lawyer, Stephen Ryan, said Monday

Ryan went on to add that the raid was “inappropriate and unnecessary,” and said Cohen has “cooperated completely with all government entities, including providing thousands of non-privileged documents to Congress and sitting for depositions under oath." He also said the communications between Cohen and Trump are protected under attorney client privilege.

The backdrop: Cohen was drawn into Mueller's Russia investigation last year for his contacts with Russians during Trump's 2016 presidential campaign. He's also been at the center of the Stormy Daniels scandal, and admitted to paying the porn actress $130,000 during the campaign.

Trump's take: The president blasted the raid at a meeting with senior military leadership Monday night, calling it a "disgraceful situation" and an "attack on our country in a true sense ... an attack on what we all stand for."

Update: The Washington Post reports that Cohen "is under federal federal investigation for possible bank fraud, wire fraud and campaign finance violations," citing three people with knowledge of the case.

Go deeper

Acting Capitol Police chief: Phone logs show Jan. 6 National Guard approval was delayed

Pittman at a congressional tribute for fallen officer Brian Sicknick. Photo: Erin Schaff-Pool/Getty Images

Acting U.S. Capitol Police chief Yogananda Pittman testified on Thursday that cellphone records show former USCP chief Steven Sund requested National Guard support from the House sergeant-at-arms as early as 12:58pm on Jan. 6, but he did not receive approval until over an hour later.

Why it matters: Sund and former House sergeant-at-arms Paul Irving clashed at a Senate hearing on Tuesday over a dispute in the timeline for when Capitol Police requested the National Guard during the Capitol insurrection.

Manhattan prosecutors reportedly obtain millions of pages of Trump's tax records

Photo: Al Drago/Bloomberg via Getty Images

The Manhattan district attorney is now in possession of millions of pages of former President Trump's tax and financial records, CNN first reported, following a Supreme Court ruling that allowed prosecutors to enforce a subpoena after a lengthy legal battle.

Why it matters: Trump fought for years to keep his tax returns out of the public eye and away from prosecutors in New York, who are examining his business in a criminal investigation that was first sparked by hush-money payments made by Trump's former fixer Michael Cohen during the 2016 election.

Dion Rabouin, author of Markets
3 hours ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."