Situational awareness: The Securities and Exchange Commission has settled charges against professional boxer Floyd Mayweather Jr. and music producer DJ Khaled for failing to disclose payments they received for promoting investments in initial coin offerings.
Photo: Drew Angerer/Getty Images
A November surprise: Michael Cohen pleads guilty for lying to Congress about the plans to build a Trump Tower in Moscow, shining a freshly uncomfortable spotlight on President Trump.
Why it matters: "The new guilty plea firmly — and dramatically — shifts the narrative and timeline of the Russia investigation," journalist Garrett Graff writes for WIRED:
Between the lines: The former Trump lawyer reportedly said in court that his three lies were out of loyalty to the president, per NBC News' Tom Winter.
The lies, listed:
What they're saying: Trump told reporters today that Cohen is "a weak person" for pleading guilty, adding he thinks Cohen is "lying to get a reduced sentence."
The bottom line: "The potential innocent explanations for Trump's behavior over the last two years are being steadily stripped away," Graff tweeted.
President Trump answers questions from the press while departing the White House for South America.
Courtesy New York Times
The N.Y. Times Book Review's best fiction and nonfiction books of 2018, in no particular order: