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.
Top headlines:
- Banker says he set up LLC, which Cohen used to pay Daniels
- 'Thank you for handling' McDougal, Pecker says Trump told him
- 'This story is true,' Pecker recounts being told of Stormy Daniels
- Pecker describes $150,000 negotiations for McDougal's story
- Secret Service has plans if Trump is confined for contempt: Sources
What to know about the hush money case
READ MORE: Here's what you need to know about the historic case.
Trump, exiting court, reiterates his plans to testify
Former President Donald Trump reiterated his plans to testify in his criminal trial as he exited the courtroom at the end of the day.
"We just had another hearing and the trial starts on Monday, which is long before a lot of people thought," Trump said. "The judge wants to go as fast as possible."
The former president again, without evidence, called the trial a witch hunt orchestrated by his political rivals.
-Mike Pappano
Judge won't order prosecutors to disclose 1st witness
Judge Juan Merchan declined to order prosecutors to disclose their first witness after defense attorneys remade a request from yesterday.
"I still think that under the circumstances, the people's response is understandable, and I am not going to compel them to do anything," Merchan said, citing the hearing set for Tuesday to hold Trump in contempt for violating the judge's limited gag order.
Yesterday, prosecutors expressed concern that Trump might attack the initial witnesses if he learned their names. Today, prosecutor Joshua Steinglass offered a compromise -- that they would turn over the first witnesses name on Sunday with a strict condition.
"If that should be tweeted, that will be the last time we extend that courtesy," Steinglass said.
Steinglass said that while the testimony of the first witness will likely begin on Monday, it is unlikely the witness finishes their direct examination by the end of the day.
Court was subsequently recessed for the day.
Judge denies Trump's request for emergency stay
An appeals court judge has denied the defense's request for an emergency stay of the trial.
Trump earlier Friday filed the emergency appeal as he sought to change the venue of the trial based on some of the responses prospective jurors gave during the jury selection process.
The appeals court judge denied Trump's request to delay the start of the trial.
Trump's prior attempts to move the trial out of Manhattan have failed.
Judge sets opening statements for Monday
"We're going to have opening statements on Monday morning," Judge Juan Merchan declared.
He made the pronouncement after admonishing the defense to stop filing letters "targeting individual decisions one by one by one."
"There comes a point where you accept my rulings," he told Trump and his defense team.
"I've entertained your motions. I've entertained your arguments," Merchan said. "There's nothing else to clarify. There is nothing else to argue. We are going to have opening statements on Monday. We are starting on Monday."
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.