President Trump is considering a pardon for Scooter Libby, the former chief of staff to former Vice President Dick Cheney, reports ABC News and the New York Times. The president has reportedly already signed off on the pardon, which he has been considering for months.

The big picture: Pardoning Libby, who was convicted of lying to the FBI and obstruction of justice in 2007, could raise concerns about Trump pardoning his political allies. He would be Trump's third presidential pardon, after Arizona sheriff Joe Arpaio and Navy sailor Kristian Saucier. Trump also granted Sholom Rubashkin, an Iowa kosher meatpacking executive, clemency last December.