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Trump wants to make 'flipping' illegal

Key Points
  • President Donald Trump suggested it should be illegal for people facing prosecution to co-operate with the government in exchange for a reduced sentence.
  • Trump was reacting to the guilty plea entered by his former lawyer, Michael Cohen, to a range of charges.
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The people who hate flipping are corrupt CEOs, leaders of gangs and the mafia, says former assistant US attorney

President Donald Trump is suggesting that it should be illegal for people facing prosecution to co-operate with the government in exchange for a reduced sentence.

Trump is reacting to the guilty plea entered by his former lawyer, Michael Cohen, to a range of charges.

Trump — in an interview with "Fox & Friends" — is accusing Cohen of implicating him to get a better deal with prosecutors. Trump says Cohen "makes a better deal when he uses me."

Trump claims people who decide to co-operate with the government "make up stories" and "just make up lies."

Here's what the president says: "It's called flipping and it almost ought to be illegal." He says "it's not a fair thing."

In the same interview, Trump said the stock market would crash if he were impeached and he didn't rule out pardoning his former campaign chief and newly convicted felon Paul Manafort.

CNBC contributed to this report.

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Politics

Trump admits he paid hush money, ducks question on Manafort pardon

Key Points
  • President Trump admits he provided the hush money used by attorney Michael Cohen to suppress the allegations of two women that they had affairs with Trump.
  • But Trump insists in a Fox interview that he only knew about payments "later on," contradicting Cohen's sworn statement that Trump had directed him to make the payments.
  • Trump also doesn't rule out a pardon for former campaign chief Paul Manafort.