Haldeman has a meeting with Mitchell, intending to ask him to resign from the campaign -- but Mitchell beats him to the punch, saying that he needs to step aside because of his wife, Martha. As Haldeman says in his diary: " That solved my having to raise the thing. I let it go in this instance and it worked out very well."
He then reports to the president about Mitchell, and about the FBI interview with Liddy:
Haldeman: They fired Liddy.
President Nixon: Huh?
Haldeman: They fired Liddy (unintelligible)...
Haldeman: They're not making any fuss about it. Nobody'll ask why they fired him unless he becomes identified. The FBI do have a line to him. They have questioned him and he didn't cooperate [...]
Haldeman: The thing that bothers me about this thing is that it's a time bomb. They don't have to keep it alive. They can let it go under the surface. They can investigate until they get something else, and then lob it out whenever they feel like it.
President Nixon: What, what do we do, then?
Haldeman: I don't know. I don't think there's a damn thing we can do.
Later that night, the president gave a press conference. Not a single Watergate question, just short of two weeks after the break-in. So as far as that goes, it's going well so far for them, even as they realize how many ways they could get hurt.