The court reporters read out the first portion of the testimony about David Pecker's recollection of the August 2015 Trump Tower meeting.

His testimony is as follows:

At that meeting, Donald Trump and Michael, they asked me what can I do and what my magazines could do to help the campaign. So thinking about it, as I did previously, I said what I would do is I would run or publish positive stories about Mr. Trump and I would publish negative stories about his opponents. And I said that I would also be the eyes and ears of your – I said I would be your eyes and ears because I know that the Trump Organization had a very small staff. And then I said that anything that I hear in the marketplace, if I hear anything negative about yourself or if I hear anything about women selling stories, I would notify Michael Cohen, as I did over the last several years, I would notify Michael Cohen and then he would be able to have them kill in another magazine or have them not be published or somebody would have to purchase them.

The court reporters read out the first portion of the testimony about David Pecker's recollection of why the deal to transfer the life rights of Karen McDougal's story to Trump fell through.

His testimony is as follows:

I called Michael Cohen, and I said to him that the agreement, the assignment deal is off. I am not going forward. It is a bad idea, and I want you to rip up the agreement. He was very, very, angry. Very upset. Screaming, basically, at me. And I said, I am not going forward with this agreement. Rip it up. And he said, excuse me, Michael Cohen said, The Boss is going to be very angry at you. I said, I am sorry. I am not going forward. The deal is off. And he said, I can't believe it. I am a lawyer. I am your friend. I don't understand why you are so concerned. I said, I am very concerned, and I am not going forward, period. And I said, are you going to rip it up or not? And he said, I will take care of it.

The court reporters read out the portions of then-National Enquirer publisher David Pecker's testimony about his June 2016 call with Trump, under questioning from prosecutors.

Q: And could you tell us about the conversation you had that day with Donald Trump?

A: Yes. When I got on the phone, Mr. Trump said to me: "I spoke to Michael. Karen is a nice girl." "Is it true that a Mexican group is looking to buy her story for 8 million dollars?" I said -- I said: "I absolutely don't believe that there is a Mexican group out there to buy a story for $8 million dollars." And then he said: "What do you think I should do?" I said: "I think you should buy the story and take it off the market."

Q: So when the subject of Karen McDougal came up, Donald Trump described her as a nice girl?

A: Yes.

Q: Based on your conversation with Mr. Trump, did you have an understanding as to whether he was aware of the specifics of Karen McDougal's description of the affair?

A Yes, I did.

Q: What made you come to such an understanding?

A: I think that Michael Cohen gave him the -- spoke to Donald Trump, which he said he was going to -- which -- excuse me -- which Donald Trump said on the phone that, "I spoke to Michael." And I believe that when Mr. Trump said that to me over the phone that she was a nice girl, I believe that he knew who she was --

Q: Why would you recommend to Donald Trump purchasing the story?

A: I believed the story was true. I think that it would have been very embarrassing to himself and also to his campaign.

Q: After your conversation with Donald Trump, did you have another conversation with Michael Cohen?

A: Yes. On the conversation with Donald Trump, he said to me, clearly, that he doesn't buy stories because it always gets out. And he said to me that Michael Cohen would be calling me. He was going to speak to Michael and he would be calling me back.

A: I said that -- that, "This story about Karen, since she's claiming that she has a relationship with you, should be taken off the market." And Mr. Trump said, "I don't normally -- I don't buy stories because it always gets out." And then I said, "I still think you should buy the story." And Mr. Trump said to me, "I'll speak to Michael, and he'll get back to you."

Q: And so, as you sit here today, you remember that during that conversation, you said to President Trump: It is my understanding that she doesn't want her story published?

A: (Pause). Yes. I did. I remember saying that.

Judge Merchan concluded the rereading of the jury instruction. The jury foreman confirmed in open court that the readback of the instructions were responsive to the jury's note.

The court reporters then began reading the transcript portions, with two court reporters role playing the transcript -- one playing the prosecutor and the other playing David Pecker.

Trump looked around, craning his neck, and then began listening to the testimony.

The jury heard a readback of David Pecker's testimony about Donald Trump dating the "most beautiful women," the National Enquirer's coverage of Bill Clinton's "womanizing," and the "mutually beneficial" relationship between the tabloid and the Trump campaign.

Q: Can you explain to the jury how the topic of women in particular came up?

A: Well, in a presidential campaign I was the person that thought that there would be a number -- a lot of women come out to try to sell their stories, because Mr. Trump was well-known as the most eligible bachelor and dated the most beautiful women. And it was clear that based on my past experience, that when someone is running for a public office like this, the -- it is very common for these women to call up a magazine like the National Enquirer to try to sell their stories. Or I would hear it in the marketplace through other sources that stories are being marketed.

Q: Did you have or express any ideas about how you may be able to help kind of deal with those stories by women?

A: All I said was I would notify Michael Cohen.

Q: What about Bill and Hillary Clinton, did their names up during this meeting?

A: Yes.

Q: Can you explain how?

A: As I mentioned earlier, my having the National Enquirer, which is a weekly magazine, and you focus on the cover of the magazine and who -- and who and what is the story that is the topic of the week, the Hillary running for president and Bill Clinton's womanizing was the biggest, one of the biggest sales I had for the National Enquirer and the other tabloids, that's the other things that the readers wanted to read about and that's what I would sell weekly. So I was running the Hillary Clinton stories. I was running Hillary as an enabler for Bill Clinton, with respect to all of the womanizing. And I was -- it was easy for me to say that I'm going to continue running those type of stories for the National Enquirer.

Q: And did you believe that that would help Mr. Trump's campaign?

A: I think it was a mutual benefit. It would help his campaign; it would also help me.

The jury also heard the testimony where Pecker testified that he never purchased stories to kill for Trump prior to the 2016 election.

Q: And what was the purpose of notifying Michael Cohen when you came upon stories like that?

A: Well, as I did in the past, that would be in the past eight years, when I notified Michael Cohen of a story that was a negative story, he would try to vet it himself to see if the story was true or not. He would go to the individual publication to get the story to make sure the story wasn't published and getting killed.

Q: Prior to that August 2015 meeting, had you ever purchased a story to not print it about Mr. Trump?

A: No.