Trump's attorney Chris Kise hammered away at the New York attorney general's request for a fine of $370 million, calling the request "pure speculation" in his closing argument.

"You can't just make up a number in the sky," Kise argued, criticizing the New York AG for stepping into private transactions.

"The attorney general is going to come along ten years later because she does not like Donald Trump," Kise said.

Arguing that Trump's main lender at Deutsche Bank was happy to do business with the Trump Organization despite accusations that Trump overvalued his assets, Kise said that the state is attempting to rely on expert testimony due to a lack of testimony from bankers alleging wrongdoing.

Judge Engoron intervened twice during Kise's argument to cast doubt on the claim that happy bankers mean there was no wrongdoing.

"If the bank doesn't say it's material, then it's simply not material," Kise responded.

"That's not logically correct," Engoron said. "You can't just get a witness to say it was not material to us, so it was not material."

Kise also spent a significant portion of his closing statement criticizing former Trump attorney Michael Cohen, who he argued was the only witness to support the attorney general's claim of a conspiracy to defraud lenders.

"We have an individual who comes into the courtroom and lies right in front of you, and the attorney general wants you to find him credible," Kise said regarding Cohen reversing his testimony during the trial.

Defense attorney Chris Kise began his closing argument by reciting the greatest hits of Trump's defense case, highlighting the lack of victims, intent, and claims of wrongdoing.

According to Kise, Trump's net worth is higher than claimed in his statement of financial condition, and the entire case was "manufactured to pursue a political agenda" by New York Attorney General Letitia James.

"There is no testimony from anyone as to how the defendant's conduct allegedly harmed the marketplace," Kise said with Donald Trump looking on from three feet behind him.

Kise then touted the testimony of the former president, who he praised for "shaping the skyline of New York,'' as evidence that he and his sons committed no wrongdoing.

"There are few people in the world who have succeeded in the real estate industry this well, that have been this successful," Kise said of Trump.

Kise instead placed the blame for the case on Trump's deputies at the Trump Organization and his accountants at Mazars USA.

"President Trump relied on multimillion-dollar accountants at Mazars," Kise said. "Allen Weisselberg, Jeffrey McConney, and Donald Bender were the three most principally involved in the presentation and preparation of the statements of financial condition. Guess which one is a CPA? Bender."

Trump attorney Chris Kise began his closing argument after Judge Engoron opened the proceedings without addressing Trump's desire to deliver part of the defense's closing statement.

Trump is seated in his usual seat at the defense counsel table, sandwiched between his attorneys.

Engoron lobbed jokes while the pool cameras prepared to enter the courtroom.

"Lining them up -- are they going to be shot or something?" the judge quipped. "I see the usual mixture of anticipation and dread out there. Trust me, this will be painless."

Speaking to reporters before entering the courtroom, Donald Trump said he still hopes to deliver a portion of the closing statement despite Judge Engoron denying that request yesterday after Trump's lawyers declined to agree with the rules Engoron set restricting Trump from making political statements and criticizing those involved in the trial.

"I want to speak, I want to make the summation," Trump told reporters. "At this moment, the judge is not letting me make the summation because I'll bring up things that he doesn't want to hear."

"So I hope to speak, and to help my lawyers reveal all of the defects of this case," said Trump, who called the case "very unfair" and "very bad for New York state companies."

The state's expert witness, Michiel McCarty, calculated that Donald Trump's lenders lost $168 million in potential interest between 2014 and 2023, according to a report he presented in court.

McCarty's testimony appeared to reinforce a central tenet of New York Attorney General Letitia James' case: that Trump's misrepresentations in his financial statements cost banks potential earnings from interest, even if the banks made money on the loans.

State attorney Kevin Wallace directed McCarty to a footnote in Judge Engoron's earlier summary judgment order about the concept of lost interest, in which Engoron said, "The subject loans made the banks lots of money; but the fraudulent SFCs [Statements of Financial Condition] cost the banks lots of money. The less collateral for a loan, the riskier it is, and a first principle of loan accounting is that as risk rises, so do interest rates. Thus, accurate SFCs would have allowed the lenders to make even more money than they did."

McCarty, who said he agreed with this assessment, ultimately found that banks lost a total of $168,040,168 in potential interest from loans related to four of Trump's properties in Miami, New York, Chicago, and Washington, D.C.

Trump attorney Chris Kise fiercely objected, arguing that McCarty was testifying about facts not established during the trial. During questioning, state attorneys declined to ask a Deutsche Bank executive if the bank would have still done business with Trump had they known his financial statements were inflated.

"They are not ill-gotten gains if the bank does not testify it would have done it differently," Kise said.

"I decided these were ill-gotten," the Judge Engoron replied.

Following Wallace's direct examination of McCarty, defense attorney Jesus Suarez began his cross-examination.