1/ Trump will close his foundation and give away its remaining $1.7 million in assets amid a lawsuit accusing the Trump, Ivanka, Eric, and Trump Jr. of illegally using the foundation for personal and political gain. New York Attorney General Barbara Underwood accused the foundation of “a shocking pattern of illegality,� which included “unlawful coordination with the Trump presidential campaign� that was “willful and repeated.� Trump used the charity’s money to pay legal settlements for his private business, to purchase a $10,000 portrait of Trump that was displayed at one of his golf clubs, and to make a prohibited political donation. The attorney general’s office is seeking for the Trump Foundation to pay $2.8 million in restitution. (Bloomberg / Washington Post / New York Times)

2/ Michael Flynn agreed to delay his sentencing after U.S. District Judge Emmet Sullivan told Trump’s former national security adviser “you sold your country out,� and because of that, “I cannot assure you, if you proceed today, you will not receive a sentence of incarceration.� Robert Mueller recommended that Flynn serve no jail time for his crimes because of the “substantial help� he provided to the special counsel and other investigations. Flynn was supposed to be sentenced today for lying to the FBI and acting as an unregistered agent for Turkey. The judge also asked the special counsel’s office whether Flynn could be charged with “treason� after he acted as “an unregistered agent of a foreign country, while serving as the national security adviser to the president of the United States.� Flynn’s sentencing has been delayed until March 13th and will allow him to continue cooperating with the Russia investigation. Sullivan’s last words to the court were: “Happy holidays.� (New York Times / CNN / Washington Post / Wall Street Journal / BuzzFeed News)

Mueller released a memo from 2017 that summarizes Michael Flynn’s contemporaneous interview with the FBI. The interview was the catalyst that led to the high-profile case against Trump’s former national security adviser and felon. According to the memo, Flynn lied during the interview about his contact with then-Russian ambassador to the U.S., Sergey Kislyak during the 2016 presidential transition period. The memo includes clear examples of Flynn lying and claiming that he never made any policy requests of Russia as FBI agents prod him to provide fuller descriptions of his calls. (CNN)

Flynn Intel Group co-founder Bijan Rafiekian, also known as Bijan Kian, pleaded not guilty after being charged with conspiracy and acting as an agent of a foreign government. (...