Allen Weisselberg, longtime chief financial officer for the Trump organization, has been granted immunity by federal prosecutors for providing information about Michael Cohen and the 2016 payments he made to two women during the 2016 presidential campaign who alleged they had sexual encounters with the president, the Wall Street Journal reports.
Why it matters: This is a very significant story that’s already causing waves in the legal circles around the White House. Unlike Cohen, who was involved in quixotic projects and sleazy side deals to hush up women, Weisselberg has true and deep visibility into the Trump Organization. Trumpworld’s greatest fear is that U.S. District Court for the Southern District of New York (SDNY) investigators will start prying deeper into the president’s business affairs. And Trump can’t shut down such an investigation by firing Robert Mueller. This one’s out of his hands.