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Cohen's plea included at statement that the payoffs were made "with the knowledge and direction of the candidate." And that the payments "were made to influence the election." Cohen's lawyer Lanny Davis tweeted that his client identified Trump as directing him to make the payoffs.
Trump may or may not be able to be indicted. There is no law protecting a sitting president from indictment, only DOJ "policy." Law is difficult to change. Policy can change at the drop of a hat. At this point Trump, at the very least, would be an "unindicted co-conspirator." Is ordering a violation of campaign finance law a high crime or misdemeanor? Of course it is, it's a felony.
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