House Intelligence Committee ranking member Rep. Adam Schiff (D-CA) arrives for a Democratic caucus meeting in the U.S. Capitol Visitors Center November 14, 2018 in Washington, D.C. Chip Somodevilla/Getty Images 
 
 Rep. Adam Schiff, the Democrat from California who is likely to be the next chairman of the House Intelligence Committee, said Sunday that President Trump could very well face jail time following the latest disclosure that laid out how prosecutors believe he orchestrated illegal payments during his presidential campaign. “There’s a very real prospect that on the day Donald Trump leaves office, the Justice Department may indict him,” Schiff said on CBS’ Face the Nation. “That he may be the first president in quite some time to face the real prospect of jail time.” 
 
 Schiff noted that while there has long been talk about Trump offering to pardon people to motivate them to keep silent, the real question may be whether the next president will pardon Trump. “We have been discussing the issue of pardons the president may offer to people or dangle in front of people,” Schiff said. “The bigger pardon question may come down the road, as the next president has to determine whether to pardon Donald Trump.” 
 
 .@AdamSchiff on the Russia Investigation: My takeaway is there's a very real prospect that on the day Donald Trump leaves office the justice department may indict him. That he may be the first president in quite some time to face the real prospect of jail time. pic.twitter.com/3kfwumFkh7 — Face The Nation (@FaceTheNation) December 9, 2018 
 
 Schiff wasn’t the only Democrat to highlight the seriousness of the allegations that were laid out in Friday’s court filings. Rep. Jerry Nadler of New York said that if the claims that Trump directed his former lawyer, Michael Cohen, to make illegal payments to women during the presidential campaign “they would be impeachable offenses.” A different matter though is whether the payments were so important that they justify taking such a strong action. “Whether they’re important enough to justify an impeachment is a different question,” Nadler, who will likely be the next chairman of the House Judiciary Committee, said on CNN. “Certainly, they’re impeachable offenses, because, even though they were committed before the president became president, they were committed in the service of fraudulently obtaining the office.” Nadler made sure to emphasize that “you don’t necessarily launch an impeachment against the President because he committed an impeachable offense,” ||||| White House economic adviser Larry Kudlow said Sunday that President Trump Donald John TrumpCorsi sues Mueller for alleged leaks and illegal surveillance Comey: Trump 'certainly close' to being unindicted co-conspirator Trump pushes back on reports that Ayers was first pick for chief of staff MORE did not know of the plan to arrest a top executive of a Chinese tech firm before it happened. 
 
 "He did not know," Kudlow said on "Fox News Sunday," when asked if Trump knew about the arrest of Huawei's chief financial officer when he sat down for dinner with Chinese President Xi Jinping at the Group of 20 summit last weekend. 
 
 Meng Wanzhou was detained on the same day Trump reached a trade truce with Jinping, but news of her arrest did not break until Wednesday. 
 
 It had previously been unclear if Trump knew of Meng's arrest as he discussed a trade deal with the Chinese leader last weekend. 
 
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 National security adviser John Bolton said Thursday that he did not know if Trump knew of Meng's arrest, which threatens to reignite the trade dispute between the U.S. and China. 
 
 A White House spokesman later told The Hill that Trump did not have advance knowledge. 
 
 China has demanded Meng's release. She faces potential extradition to the U.S. for her suspected violation of U.S. trade sanctions on Iran. 
 
 Kudlow added on Sunday that Trump "had no reaction" after he heard of her arrest. 
 
 Fox's Chris Wallace pressed Kudlow, noting that reports have said the president was "livid" that Canada arrested Meng as he worked to reach a trade deal with China. 
 
 "Regarding the Huawei prosecution, let me just say that's a law enforcement action, primarily Department of Justice," Kudlow said. "It is a very important issue because the evidence suggests, at least so far ... that Huawei did break the Iranian sanctions through different financial channels." 
 
 "We will see how that plays out," he added. ||||| Canada has arrested the chief financial officer of China’s Huawei Technologies, who now faces extradition to the United States on suspicion she violated U.S. trade sanctions against Iran. 
 
 Meng Wanzhou, who is also the deputy chair of Huawei’s board and the daughter of company founder Ren Zhengfei, was arrested on Saturday in Vancouver at the request of American law enforcement authorities. 
 
 “She is sought for extradition by the United States, and a bail hearing has been set for Friday,” Justice Department spokesman Ian McLeod said in a statement to The Globe and Mail on Wednesday. “As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng.” 
 
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 A Canadian law-enforcement source with knowledge of the arrest said the United States is alleging Ms. Meng tried to evade the American embargo against Iran, but provided no further details. The source was granted anonymity by The Globe because they weren’t authorized to speak publicly about the arrest. 
 
 U.S. prosecutors in New York have been investigating whether Huawei violated U.S. sanctions in relation to Iran, which was first reported by the Wall Street Journal in April. 
 
 Huawei said in a statement to The Globe that Ms. Meng faces “unspecified charges in the Eastern District of New York” and that she was arrested when she was transferring flights in Canada. 
 
 “The company has been provided with very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng. The company believes the Canadian and U.S. legal systems will ultimately reach a just conclusion,” Huawei said, and added the company “complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws.” 
 
 The Chinese embassy in Ottawa strongly protested the arrest of Ms. Meng, saying she had not violated Canadian or U.S. law and demanded her immediate release. 
 
 “The Chinese side has lodged stern representations with the U.S. and Canadian side, urged them to immediately correct the wrongdoing and restore the personal liberty of Ms. Meng Wanzhou,” the embassy said in a statement. “We will closely follow the development of the issue and take all measures to resolutely protect the legitimate rights and interests of Chinese citizens.” 
 
 Chinese Ambassador Lu Shaye and four high-ranking members of the National People’s Congress also cancelled an appearance before the House of Commons foreign affairs committee scheduled for Thursday. 
 
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 “I haven’t gotten an answer on why they cancelled, but the timing is certainly very curious,” Conservative foreign affairs critic Erin O’Toole said. 
 
 Arrest of Huawei’s Meng Wanzhou sparks fury in China 
 
 The decision by Canadian authorities to detain such a high-profile Chinese citizen – and particularly one sought for extradition to the United States – could hurt Canada-China relations. 
 
 Both China and the United States have been asking allies and trading partners to take sides in a trade war and the Trudeau government has spoken enthusiastically of pursuing some sort of trade deal with Beijing now that it has renegotiated a free-trade agreement with the United States and Mexico. 
 
 David Mulroney, a former Canadian ambassador to China, predicted the arrest of Ms. Meng will provoke a backlash in China and hurt Huawei’s efforts to gain business in Western countries. 
 
 “This is a really big deal. Ms. Meng is by birth and position a member of China’s corporate royalty,” he said. 
 
 “Her arrest, on suspicion of violating the Iran sanctions, should be seen as a clear signal that Canada is willing to face China’s fury to do the right thing. That said, it will be portrayed in China as Canada kowtowing to Donald Trump. The arrest also threatens to fatally undermine Huawei’s efforts to portray itself as a reliable infrastructure partner to its remaining supporters in the West.” 
 
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 The arrest comes as Canada is under intense pressure from the United States to bar the Chinese telecom from participating in next generation 5G mobile networks. The United States and Australia have barred Huawei 5G telecommunications and last week New Zealand blocked the first request from one of its wireless carriers to install the Chinese company’s equipment on its 5G network, citing a “significant network security risk.” 
 
 Republican Senator Marco Rubio, a member of the U.S. Senate intelligence committee, lauded Canada for the arrest of Ms. Meng and once again urged Prime Minister Justin Trudeau to bar Huawei from 5G technology. 
 
 “Huawei has direct ties to the Chinese government and Communist Party, has long posed a serious risk to U.S. national security, and I continue to strongly urge Canada to reconsider Huawei’s inclusion in any aspect of its 5G development, introduction, and maintenance,” Mr. Rubio said in a statement to The Globe. 
 
 Mr. Rubio and Democratic Senator Mark Warner wrote to Mr. Trudeau in October to caution that failure to ban Huawei could interfere with intelligence sharing and impair cross-border co-operation in telecommunications. 
 
 Republican Senator Ben Sasse, a member of the Senate armed services and banking committees, also praised Canada for the arrest and criticized Huawei as an agent of China’s ruling party. 
 
 "China is working creatively to undermine our national security interests, and the United States and our allies can’t sit on the sidelines,” Mr. Sasse said. “Americans are grateful that our Canadian partners have arrested the Chief Financial Officer of a giant Chinese telecom company for breaking U.S. sanctions against Iran.” 
 
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 Democratic Senator Chris Van Hollen said Huawei and Chinese telecom ZTE represent a fundamental risk to Western national security and called for a comprehensive plan to hold “the Chinese and their state-sponsored entities accountable for gross violations of the law and threats to our security.” 
 
 Since at least 2016, U.S. authorities have been reviewing Huawei’s alleged shipping of U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws. 
 
 The U.S. Justice Department probe, first reported by the Wall Street Journal, follows a series of actions aimed at stopping or reducing access by Huawei and Chinese smartphone maker ZTE Corp. to the U.S. economy amid allegations the companies could be using their technology to spy on Americans. 
 
 The probe is reportedly being run out of the U.S. attorney’s office in Brooklyn, the Wall Street Journal sources said. However, the prosecutor’s office declined to confirm or deny the existence of the investigation. 
 
 Ms. Meng, 46, who also goes by the name Sabrina, was appointed CFO of Huawei in 2011 and is also one of four deputy chairs. She appears to be being groomed for the top job at Shenzhen-based Huawei, which is now the world’s second-largest maker of telecommunications equipment. Her father was a former engineer in the People’s Liberation Army. 
 
 Reuters reported in 2013 that Ms. Meng served on the board of Hong Kong-based Skycom Tech Co. Ltd. that later attempted to sell embargoed Hewlett Packard computer equipment to Iran’s largest mobile-phone operator. Skycom reportedly has ties to Huawei. 
 
 At least 13 pages of the Skycom proposal were marked “Huawei confidential” and carried Huawei’s logo. Huawei has said neither it nor Skycom provided the HP equipment; HP said it prohibits the sale of its products to Iran. 
 
 U.S. stock futures and Asian shares tumbled on Thursday due to the arrest of Ms. Meng, fanning fears of a fresh flare-up in tensions between the two superpowers. The news came as Washington and Beijing begin three months of negotiations aimed at de-escalating their bruising trade war, which is adding to global investors’ worries over rising U.S. interest rates and other risks to global economic growth. 
 
 With files from Reuters
– With prosecutors saying President Trump arranged illegal payments during the 2016 campaign, Rep. Adam Schiff adds a thought: "There's a very real prospect that on the day Donald Trump leaves office, the Justice Department may indict him," he says on CBS' Face the Nation, per Slate. "That he may be the first president in quite some time to face the real prospect of jail time." The Democratic congressman—who's likely the next House Intelligence Committee chairman—says the next president could face a big decision: "The bigger pardon question may come down the road, as the next president has to determine whether to pardon Donald Trump." For more Sunday chatter: Meng Wanzhou: "He did not know," White House economic adviser Larry Kudlow says on Fox News Sunday about Trump's knowledge of the Huawei CFO's arrest, per the Hill. "Regarding the Huawei prosecution, let me just say that's a law enforcement action, primarily Department of Justice."