This is obviously still a developing story. News broke over the weekend that special counsel Robert Mueller is ready to hand down indictments in his investigation of Russia's involvement in the 2016 election. It won't be unsealed until later, but former Trump campaign manager Paul Manafort, and a former associate of his, have both been told to surrender to federal authorities.

Paul Manafort and his former business associate Rick Gates were told to surrender to federal authorities Monday morning, the first charges in a special counsel investigation, according to a person involved in the case.

The charges against Mr. Manafort, President Trump’s former campaign chairman, and Mr. Gates, a business associate of Mr. Manafort, were not immediately clear but represent a significant escalation in a special counsel investigation that has cast a shadow over the president’s first year in office.

Mr. Gates is a longtime protégé and junior partner of Mr. Manafort. His name appears on documents linked to companies that Mr. Manafort’s firm set up in Cyprus to receive payments from politicians and businesspeople in Eastern Europe, records reviewed by The New York Times show.

Mr. Manafort had been under investigation for violations of federal tax law, money laundering and whether he appropriately disclosed his foreign lobbying.

Again, this story is going to be developing all day so more details to come. A lot is still up in the air right now. Plus it says nothing about reports of the Democrats buddying up with Russia (see [Video] Wolf Blitzer Gets Spanked for Spreading Fake News on Russian Dossier and FBI Informant in Obama/Russian Uranium Scandal Cleared to Testify).

Basically, as the boss says, hold on to your butts.

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