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.
Pecker says 'catch and kill' wasn't discussed at meeting
Defense attorney Emil Bove sought to distance former President Trump from the National Enquirer's purchase of negative stories about him and instead suggested David Pecker and Trump's former attorney Michael Cohen may have been freelancing.
Bove asked Pecker about a meeting at Trump Tower in August 2015 where Pecker previously testified he agreed to be the "eyes and ears" of the Trump campaign.
"At that meeting, the concept of catch and kill was not discussed, correct?" Bove asked.
"That's correct," Pecker answered.
The defense also sought to reframe the Enquirer's $30,000 purchase of Trump World Tower doorman Dino Sajudin's false claim that Trump fathered a love child.
Bove suggested Enquirer parent AMI purchased the story not to help the Trump campaign, but because it was an irresistible tabloid scoop.
"Sajudin threatened to go somewhere else?" Bove asked. "Yes," Pecker responded.
"That is why you paid him $30,000?" Bove asked. "It would be too great a loss to AMI to lose the story, if true?"
"Yes," Pecker answered.
"You could not walk away from that possibility?" asked Bove.
"Yes," replied Pecker.
Pecker says arrangement supporting Trump wasn't unusual
Trump attorney Emil Bove, continuing his cross-examination of former National Enquirer publisher David Pecker, returned to a theme he emphasized yesterday: that the National Enquirer's supportive arrangement with Trump was not unique, but rather "standard operating procedure."
Bove is seeking to establish that negative stories about Donald Trump's political opponents in the National Enquirer largely involved "information that was already in the public domain" -- recycled narratives and reporting found in other outlets.
"There wasn't much new content in those stories, was there?" Bove asked Pecker.
"Yes," Pecker said.
"It was a business decision that it was good for the National Enquirer to run those stories," Bove said, adding that, as a business model, it was "quick, efficient, and cost-effective" -- to which Pecker agreed.
Bove cited stories about Bill and Hillary Clinton, Ted Cruz, Marco Rubio and Ben Carson as examples.
Defense resumes cross-examination of David Pecker
"Good morning, everyone," Judge Juan Merchan said at the start of the proceedings. "Good morning, Mr. Trump."
Trump did not audibly respond. The former president is sitting slightly slouched at the defense table between defense lawyers Emil Bove and Todd Blanche.
Merchan announced that the contempt hearing originally scheduled for next Wednesday -- related to the four new violations of the limited gag order alleged by prosecutors -- has been moved to Thursday at 9:30 a.m. ET.
Defense attorney Emil Bove has resumed his cross-examination of former National Enquirer publisher David Pecker.
Trump bemoans cold conditions in courtroom
Before entering the courtroom for today's proceedings, former President Donald Trump spoke to reporters, repeating his claims that Judge Juan Merchan is a "highly conflicted judge" overseeing a "rigged trial."
Trump also expressed his annoyance about the ongoing cold conditions in the courtroom, on a day where it's a brisk 50 degrees in lower Manhattan.
"So we have another day of court in a freezing courthouse, it's very cold in there," he said. "On purpose, I believe. They don't seem to be able to get the temperature up. It shouldn't be that complicated. But we have a freezing courthouse, and that's fine."
-ABC News' Kelsey Walsh and Mike Pappano
Farro says Cohen became his banking client in 2015
Gary Farro, formerly a senior managing director at First Republic Bank, testified that he first met Michael Cohen when Cohen became a banking client of his in 2015, after one of Farro's colleagues left the bank.
Asked why Cohen was assigned to him, Farro cited his "ability to handle individuals who might be a little challenging."
"Frankly, I didn't find him that difficult," Farro remarked.
First Republic Bank had a branch across the street from Trump Tower, where Cohen worked. Farro said Cohen frequently visited the bank and eagerly told him that he worked for Trump.
"He was a lawyer or is a lawyer. I am not sure," Farro said about Cohen, who was disbarred in 2019.
Prosecutors are now walking through First Republic Bank's policies for retaining documents. Prosecutors plan to use Farro as a custodial witness to authenticate records that will be used as evidence.