Judge Napolitano, Fox News Senior Judicial Analyst and host of the new Fox Nation show 'Liberty File,'  joined Fox News Radio's Guy Benson and Marie Harf to talk about news of the day. 

On materials seized during Cohen raid leading to an investigation into Trump inauguration committee: Here's my theory and understanding. A lot of wealthy typically heavy Republican donors did not contribute to Donald Trump's campaign either because they thought he could self finance or they thought he was going to lose or both. He wins and they're going, 'Oh my god I have to have a record of some sort of a contribution. He's the president. I'm a Republican. He's a Republican.' What do they contribute to? The inaugural fund. The inaugural fund raises more than twice what Barack Obama's did. (2;14) 

On if transitions can take money from foreigners: No. That is a federal crime now. We're not talking about a book keeping error. We're talking about a federal crime if they take money from foreigners. (5:49)

On when selling access to the White House is legal: I don't know the answer to that. We all remember the Clinton's were accused of selling access to the Lincoln bedroom. I'm going to suggest to you that this is a crime that just isn't prosecuted because everybody does it and because the money is given willingly. (6:43)

On criminal justice act affecting Cohen: The criminal justice act, if in it's present form passing the House and is signed by the president, Michael Cohen will get a 1/3rd reduction of his time in jail. (10:12)