While it's still unclear where this might lead, it's definitely a huge development in the ongoing saga of the porn star who got paid. Cohen alleges that he paid $130,000 of his own money to Daniels as part of a hush agreement to keep her from talking about an alleged affair she had with the president; an affair that Cohen also has said never happened.
Trump was caught on camera speaking to reporters during which he said he had no idea about the payment or the agreement or any of it, instead referring the reporter to talk to his attorney. It looks like Robert Mueller's team and the FBI are going to take a crack at that first.
"The Late Show with Stephen Colbert"
The CBS personality played the televised footage of Trump denying any knowledge about the hush money and telling the reporter, "You'll have to ask Michael Cohen."
"Guess who watches TV?" Colbert asked his audience afterward. "Robert Mueller. Because today, on a tip from Mueller, the FBI raided Cohen's office, 'seizing records related to several topics including payments to a pornographic-film actress.'"
"They got everything," he continued. "They got all of his information about porn in a folder marked finances and all of his information about finances in a folder marked porn."
But all is not lost for Cohen or the president just yet. "I'm sure the FBI will keep this whole thing quiet for $130,000," Colbert joked.
Corden noted that the very fact that the raid happened at all doesn't bode well for Michael Cohen. "The FBI usually doesn't raid your office and go, 'Freeze! Hey guys, you're all doing a great job. Keep it up. I'll see you later, buh-bye,'" he joked.
He then pointed out that Trump responded to the raid calling it "an attack on our country," before adding on the president's behalf, "Also if you find a VHS tape marked 'King of Queens: Season 2,' that's exactly what's on it, no need to look."
The NBC star kept it short and simple at the top of his monologue, though we're sure the former "SNL" "Weekend Update" anchor will have far more to say on this matter tonight and down the road. As it was a late-breaking story yesterday afternoon, he might not have had time to prepare much more than a quick graphic.
But he used it well. Meyers set up the premise of the joke by telling his audience that the FBI had raided Michael Cohen's office and taken records, including those related to paying off Stormy Daniels.
"Fortunately, it didn't take them too long to find it," he joked, flashing up a graphic of a file cabinet drawer clearly labeled, "Payments to Porn Stars."