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

Banker Gary Farro testified in Donald Trump's hush money trial in New York.

Former President Donald Trump is on trial in New York City, where he is facing felony charges related to a 2016 hush money payment to adult film actress Stormy Daniels. It marks the first time in history that a former U.S. president has been tried on criminal charges.

Trump last April pleaded not guilty to a 34-count indictment charging him with falsifying business records to hide the reimbursement of a hush money payment his then-attorney Michael Cohen made to Daniels in order to boost his electoral prospects in the 2016 presidential election.


What to know about the hush money case

READ MORE: Here's what you need to know about the historic case.


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DA files formal request to hold Trump in contempt

The Manhattan district attorney's office has filed its formal request to hold former President Trump in contempt over a series of recent social media posts that, among other things, call witnesses Michael Cohen and Stormy Daniels "sleaze bags."

Prosecutors said yesterday that three of Trump's social media posts this month "plainly violate" Judge Merchan's limited gag order because they target known witnesses who will testify at the trial.

"And defendant's violations were knowing and willful -- indeed, they are the latest in what this Court has already recognized as a deliberate strategy to impede this criminal trial," prosecutors wrote in Tuesday's filing. "To be sure, defendant has loudly and repeatedly complained that the order is unlawful, in both court filings and other public statements. But no court has agreed with his objections, and a defendant's mere disagreement with a court's order is no defense to criminal contempt."

Defense attorneys have insisted Trump was responding to "repeated, salacious, demon attacks" by Daniels and Cohen.

The judge has scheduled a hearing on the matter next Tuesday.


Trump seated at defense table as court gets underway

Former President Trump has reclaimed his seat at the defendant's table, Judge Juan Merchan is back on the bench -- and the second day of the criminal trial of the former president is underway.

Trump greeted court officers upon arrival, mouthing to one, "How are you?" as he made his way down the aisle accompanied by lawyers Todd Blanche, Susan Necheles and Emil Bove.

Trump is once again seated between Blanche and Bove.

The three men appeared to be in and out of conversation as they awaited the judge, with Trump periodically looking down at the desk or at the monitor in front of him.


Trump says Cohen payments were 'legal expense'

Former President Trump, addressing reporters on his way into court, defended the way payments were made to his former attorney Michael Cohen, pushing back on the crux of the DA's case that they were improperly labeled as legal expenses.

"I was paying a lawyer and I marked it down as a legal expense, some accountant," Trump said. "I didn't know. That's exactly what it was."

Manhattan District Attorney Alvin Bragg has accused Trump of improperly labeling the money as legal expenses to Cohen in order to hide that the funds were to repay hush money paid to Stormy Daniels to boost Trump's electoral prospects.

"Legal expense -- that's what you're supposed to call it," Trump said.

"This is a trial that should never happen, it should have been thrown out," he said.


Trump arrives at courthouse

Former President Trump has arrived at the courthouse for the second day of jury selection.

Unlike Monday when a small group of supporters and protesters greeted the former president, there were essentially none at the courthouse this morning.

He again railed on social media against the limited gag order that prevents him from targeting witnesses and others associated with the case.

"I want to speak, or at least be able to respond," Trump wrote on his social media platform, attacking Judge Juan Merchan and again claiming the trial is "election interference."

ABC News' Soo Rin Kim and Lalee Ibssa contributed to this report.


Defense suggests AMI's cooperation was financially motivated

When the National Enquirer's parent company AMI signed a non-prosecution agreement with federal prosecutors in New York in September 2018, AMI was negotiating to sell the Enquirer and two other tabloids to Hudson News Group for $100 million, former publisher David Pecker testified under cross-examination.

Defense attorney Emil Bove suggested the pending sale put Pecker under pressure to resolve a federal campaign finance investigation over its payment to quash stories damaging to Donald Trump's presidential ambitions.

"You knew to finalize that deal, to consummate it, you had to clear out the investigations?" Bove asked.

"Yes," Pecker responded. "From a timing standpoint it would have added stress to the transaction."

On Thursday Pecker testified he had been "very worried" about the investigation. He had received a letter from the Federal Election Commission and said he called up Michael Cohen. "I said 'I'm very worried,'" he testified.

Pecker said Cohen responded, "Why are you worried? Jeff Sessions is the Attorney General and Donald Trump has him in his pocket."

The defense appears to be suggesting AMI cooperated with federal campaign finance investigations not because the company had done anything wrong related to the 2016 Trump campaign, but out of financial considerations in order to preserve the $100 million deal with Hudson News, which was finalized in April 2019.