“The legal pressures facing Michael Cohen are growing in a wide-ranging investigation of his personal business affairs and his work on behalf of his former client, President Trump,” the Wall Street Journal reports.

“In previously unreported developments, federal prosecutors in New York are examining whether Mr. Cohen committed tax fraud… Federal authorities are assessing whether Mr. Cohen’s income from his taxi-medallion business was underreported in federal tax returns… That income included hundreds of thousands of dollars received in cash and other payments over the last five years.”

“Prosecutors also are looking into whether any bank employees improperly allowed Mr. Cohen to obtain loans for which he didn’t provide adequate documentation.”

Daily Beast: “Two sources who have spoken to Trump about Cohen this week said the president was furious—hurling ‘expletives,’ per one confidant—after CNN revealed Cohen had covertly recorded at least one of their conversations.”

“After audio of the call surfaced, the president conveyed to those close to him that he felt betrayed by Cohen. He was particularly irate at being clandestinely recorded and that audio had found its way to, of all places, CNN, a frequent target of Trump’s tweets. Trump also vented his frustration that there are apparently other tapes out there, and that he doesn’t know exactly what could be on them, or when they’ll drop in the press.”

Said one source close to Trump, who also knows Cohen: “They’re dead to each other now.”

Lanny Davis — a lawyer for Michael Cohen, President Trump’s former lawyer and fixer — tells Mike Allen that, following last night’s release of a secret Trump-Cohen recording, we’ll soon learn more “about what Michael Cohen saw and heard.”

Said Davis: “Michael Cohen has made a turn. This is on the record — Michael and I talked about it. Michael is going to tell the truth to the powers that be, and let the chips fall where they may.”

Jonathan Swan: “We’re now beginning to learn why Trump was so agitated, according to aides, when investigators raided Cohen’s office.”

Michael Avenatti, the lawyer for Stormy Daniels, told MSNBC that there are more audio recordings made by President Trump’s personal lawyer.

Said Avenatti: “I know for a fact this is not the only tape. And I think that any and all tapes Michael Cohen has in his possession relating to this president should be released immediately for the benefit of the American public and they can decide what happens next.”

President Trump’s former personal attorney, Michael Cohen, has purchased a $6.7 million apartment in New York City in a building that is being developed by two of Trump’s friends, the Wall Street Journal reports.

Adam Davidson: “Many people assume that Cohen has an enormous amount of information that could shed light on Trump’s relationship with Russia, suspicious business activity, and, possibly, corruption in office. Cohen, after all, received millions of dollars from companies seeking his help in influencing Trump’s Administration. Cohen also held meetings with some of these new clients in Trump Tower. It would be a dramatic shift in Trump’s approach to business to allow his subordinate to profit from his name without some benefit to himself. It seems reasonable to imagine that Cohen may well have information that could damage, or even destroy, Trump’s Presidency. Yet what Cohen, in fact, knows remains a mystery.”

“Trump, for his part, has enormous power to punish or reward Cohen. As President, Trump can pardon him or use the full law-enforcement power of the federal government to punish him.”

“We are witnessing a grand, public Prisoner’s Dilemma, in which each man could, theoretically, destroy the other. Or, perhaps, they could work together to explain away any troubling information that comes out of the investigation of Cohen’s files. They can’t talk privately, because every interaction is likely to be scrutinized. Instead, they speak to each other through the media.”

BuzzFeed News: “When the Department of Justice announced this month that investigators had pieced together records found in a shredder belonging to the president’s former lawyer, Michael Cohen, critics, legal experts, and journalists feverishly speculated about what they might contain.”

“Now, BuzzFeed News has obtained documents reconstructed by the FBI. A close examination shows that the records are a combination of documents that prosecutors already had, handwritten notes about a taxi business, insurance papers, and correspondence from a woman described in court filings as a ‘vexatious litigant’ who claims she is under government surveillance.”

In his first in-depth interview since the FBI raided his office and homes in April, Michael Cohen strongly signaled to ABC News his willingness to cooperate with special counsel Robert Mueller and federal prosecutors in the Southern District of New York — even if that puts President Trump in jeopardy.

Said Cohen: “My wife, my daughter and my son have my first loyalty and always will. I put family and country first.”

Vanity Fair: “Earlier this week… a woman chased him down the street, shouting at him that he could be a hero if he cooperates with the government and brings President Trump down. Last week, another person attempted to get a message to Cohen, saying, ‘Please let him know that he could go down in history as the man that saved this country. I think his family would be so proud of him. Even people like me that were disgusted with the things we heard on those audio recordings, would totally forgive him.'”

“Cohen’s friends have been whispering encouragements, too, particularly after the president distanced himself from Cohen earlier this month by telling reporters that he ‘liked’ Cohen, in the past tense.”

Said one person close to Cohen: “He’s frustrated. Washington is actively pushing him away as opposed to protecting him or welcoming him back in, when, at the same time, he has all these people telling him that he could change the course of the midterms, or 2020.”