Paul Manafort

Updated at 2:49 p.m. ET

Former Trump campaign chairman Paul Manafort pleaded guilty on Friday and agreed to cooperate with special counsel Robert Mueller in his investigation into Russian interference in the 2016 election.

Manafort entered his guilty plea to two felony counts during an hourlong hearing in federal court in Washington, D.C. The plea took place three days before he was to face trial on charges related to his lobbying work for Ukraine and alleged witness tampering.

Updated at 6:26 p.m. ET

A federal jury on Tuesday found Donald Trump's former campaign chairman, Paul Manafort, guilty on eight of the 18 charges he faced in his tax and bank fraud trial.

The verdict delivered a painful fall from grace for a top political operative who has advised presidents from Gerald Ford to Donald Trump and a shot in the arm to an investigation derided by President Trump as a "witch hunt."

Updated at 1:59 p.m. ET

Paul Manafort's defense team rested on Tuesday without calling any witnesses to testify in the bank and tax fraud trial, including Manafort himself.

The move means the trial is nearing its end, as closing arguments are expected to begin on Wednesday morning.

Defense attorney Kevin Downing told Judge T.S. Ellis III about his team's decision before the court broke for lunch Tuesday and repeated it again in the afternoon to make it official in front of the jury.

Updated at 3:24 p.m ET

President Trump again threatened a government shutdown unless Congress funds his border wall. At a joint news conference at the White House Monday, along with Italian Prime Minister Giuseppe Conte, the president said "If we don't get border security after many, many years of talk within the United States I would have no problem doing a shutdown."

Updated at 5:28 p.m. ET

Rick Gates, the business partner of Donald Trump's former campaign chairman Paul Manafort, pleaded guilty on Friday to two charges and will begin cooperating with federal prosecutors investigating the Trump campaign and Russian interference in the 2016 presidential election.

Gates appeared in federal court on Friday afternoon. He told Judge Amy Berman Jackson he was making the plea of his own free will.

Just months after Paul Manafort was promoted to bring some structure to and scale up Donald Trump's presidential bid, the Washington insider has resigned from the campaign.

In a statement Friday morning, Trump said that Manafort offered his resignation. The candidate said he is "very appreciative for his great work in helping to get us where we are today, and in particular his work guiding us through the delegate and convention process."

"Paul is a true professional and I wish him the greatest success," Trump continued.