Trump trial: 1st week of testimony ends with testimony from Cohen's former banker

In June of 2016, as the National Enquirer evaluated the merits of Karen McDougal's claim of a year-long affair with Trump, Trump's attorney Michael Cohen instructed Pecker to purchase her story -- and suggested that Trump would compensate the company for the cost, according to Pecker.

Pecker recalled from the stand a conversation he had with Cohen, in which Cohen told him, "You should go ahead and buy this story."

"So I said to him … 'Who's going to pay for it?'' Pecker testified, saying Cohen replied, "'Don't worry, I'm your friend, the boss will take care of it.'"

Pecker said he interpreted that to mean that if the National Enquirer purchased the story, Trump or the Trump Organization would reimburse him.

Picking up on his testimony from Tuesday, Pecker said that when he spoke with Trump about McDougal's story, he recalled that Trump called McDougal "a nice girl" and asked Pecker what he should do about it.

"I think you should buy this story and take it off the market," Pecker said, explaining that he "believed the story was true. I think that it would be embarrassing to himself and also to his campaign."

During her negotiations with the National Enquirer, McDougal represented that "she didn't want to be the next Monica Lewinsky," Pecker said.

Former National Enquirer publisher David Pecker has resumed his testimony.

The veteran tabloid executive is fielding questions from prosecutors about how his publication handled its initial interactions with Karen McDougal, who approached the National Enquirer with allegations that she had had a year-long sexual relationship with Donald Trump.

When one of his reporters met with McDougal, the reporter found that her allegations "could be true, but she didn't have any corroborating evidence," Pecker said.

Prosecutors have asked Judge Juan Merchan to hold Donald Trump in contempt for four additional violations of the court's limited gag order over the last three days.

"He is doing what the order tells him not to do," prosecutor Christopher Conroy said about Trump's recent remarks about witnesses and the jury.

Conroy outlined the four alleged violations, including Trump's hallway statements about Cohen on Monday, an interview Trump did on Monday where he made comments about the political composition of the jury pool, Trump's interview with Philadelphia ABC station WPVI where he attacked Cohen, and Trump's remarks this morning at a construction site where he commented on David Pecker's testimony.

"This is a message to Pecker -- be nice. It is a message to others. I have a platform and I will talk about you," Conroy said. "It is a message to everyone involved in this proceeding and this court."

Conroy did not specify what penalty Merchan should impose. In total, prosecutors have asked to hold Trump in 14 counts of criminal contempt.

Court is underway this morning for Day 7 of Donald Trump's hush money trial.

Trump entered the courtroom and took his usual seat at the defense table. He then whispered something to his attorney Todd Blanche, who let out a laugh.

Judge Juan Merchan gaveled in the hearing and said, "Good Morning, Mr. Trump." Trump didn't appear to respond.