(CNN) Two massive clouds that have been hanging over Donald Trump's presidency for months broke open almost simultaneously on Tuesday afternoon -- and poured rain all over the President. Paul Manafort, the man who spent five critical months leading Trump's campaign in 2016, was found guilty of eight financial crimes. While both stories are very big deals, the Cohen plea is more important in terms of its direct impact on Trump. Cohen at first insisted that the Daniels payment was made out of his own pocket and without any direct or indirect knowledge by Trump. Trump's former campaign manager has now been found guilty on eight felony charges of financial wrongdoing.

Source: CNN August 21, 2018 22:45 UTC