Whether or not that's the case (and whether or not Trump would consider a pardon) aside, it is notable that President Trump has reportedly been holding his tongue on Cohen matters because he doesn't want to give him more reason to flip and dig up dirt. The Wall Street Journal confirmed the story Wednesday with "a person familiar with the matter".
After FBI agents raided Cohen's office in April, Ryan and his NY partner, Todd Harrison, went to court to try to keep investigators from seeing some of the confiscated files on the grounds that they were protected by attorney client privilege.
"Attorney-client privilege is dead", the president tweeted. "These government tactics are also wrong because Mr. Cohen has cooperated completely with all government entities, including providing thousands of non-privileged documents to the Congress and sitting for depositions under oath", Ryan added.
CBS News correspondent Jeff Pegues, who has been in contact with Cohen, reports there appear to be changes afoot in his legal strategy going forward - on the key question of whether Cohen is ready to cooperate, or whether he will decide to do battle in court. Those papers are expected to include Cohen's personal financial dealings, including a $130,000 payment made to porn star Stormy Daniels on Trump's behalf before the 2016 election.
Cohen will hire a new lawyer for the next phase of the probe, the person said. Cohen denied that in a statement to Vanity Fair.
Cohen - whose office, home, and hotel in NY were raided by FBI agents in April - is under investigation for wire fraud, bank fraud, and campaign finance violations.
Cohen's move to switch lawyers is being interpreted by some legal observers as a sign he may be seeking to cooperate with federal prosecutors.
"If anyone can blow up Trump, it's him", an unnamed White House official told Vanity Fair. "That is really now on a whole new level of unfairness".
At least one reporter has said that despite the departure of his lawyers and the whispers of cooperation with the feds, Cohen is sending a message to Trump for help.