UPDATE #2: Rosenstein will meet with President Trump on Thursday to probably get fired.
UPDATE: From the Washington Post:
Deputy attorney general Rod Rosenstein has told White House officials he is willing to resign in the wake of revelations he once suggested secretly recording the president, but it’s unclear if the resignation has been accepted, according to people familiar with the matter.
One Justice Department official said Rosenstein was on his way to the White House Monday and is preparing to be fired.
Obviously we’ll update more as this story unfolds today.