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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Court back in session following break

Judge Juan Merchan has restarted court for the afternoon proceedings following the lunch break.

Both Donald Trump and Manhattan District Attorney Alvin Bragg are in attendance.

Trump made no remarks to reporters before entering the courtroom after the break.


Defense says Trump's posts were responding to attacks

Trump attorney Todd Blanche, responding to prosecutors' request for Judge Merchan to fine Trump for three social media posts they say violated the judge's limited gag order, characterized the posts as "limited responses to this barrage of attacks" against him by Stormy Daniels and Trump's former attorney Michael Cohen.

"It's not as if President Trump is going out and targeting individuals. He's responding to … attacks from these witnesses," Blanche said.

The three posts by Trump -- two on April 10 and a third on April 13 -- came just days before the trial.

In one of those posts, Trump thanked Daniels' former attorney, Michael Avenatti for "revealing the truth about two sleaze bags" -- a statement prosecutors say clearly "attacks" Daniels and Cohen and their participation in the trial.

Judge Merchan said Blanche would have an opportunity to respond in a paper filing.

"I'll take this upstairs with me over the lunch recess," Merchan said.

The judge then recessed court until 1:30 p.m. ET.


Prosecutors seek to have Trump fined for social media posts

Prosecutors with the Manhattan district attorney's office asked Judge Merchan's permission to seek to hold former President Trump in contempt for alleged violations of the judge's order against attacking witnesses.

"We're seeking permission to file a proposed order to show cause to show why the defendant should not be held in contempt based on extrajudicial statements," assistant district attorney Chris Conroy said.

He said the order would seek a $1,000 fine for each of three social media posts that prosecutors said violated the judge's limited gag order.

The three allegedly offending posts occurred this month when Trump reposted a social media post from Stormy Daniels' former attorney Michael Avenatti that was disparaging of Daniels and former Trump attorney Michael Cohen, plus a second post about Daniels and a third post about a member of the prosecution team.

"It is important for the court to remind President Trump he is a criminal defendant," Conroy said. "The defendant has expressed a willingness to flout the order" Merchan imposed.

Defense attorney Todd Blanche said the three posts do not violate the gag order. He sought permission to formally respond in writing.


Trump 'wants to be present at everything,' attorney says

Former President Donald Trump "wants to be present at everything" during trial, his attorney told the court, including side conferences during the jury selection process.

Judge Merchan suggested that could create "logistical" issues, citing the the presence of Secret Service agents, but suggested he would do his best to accommodate Trump.

The judge then directed a series of questions to Trump himself, asking him whether he understands that his failure to attend the trial or appear for sentencing could merit penalties from the court.

After each question, Trump nodded his head and appeared to answer verbally, "Yes," or "I do."


Pecker describes $150,000 negotiations for McDougal's story

With Donald Trump following along from the defense table, head cocked slightly to the side, David Pecker described the negotiations conducted with Karen McDougal to purchase the exclusive rights to her story about an alleged year-long relationship with Trump.

Pecker said that Trump's attorney Michael Cohen authorized negotiations to begin, then during those negotiations, "Michael was very agitated," constantly asking "Why is this taking so long?"

"To purchase the lifetime rights to Karen McDougal was going to cost $150,000. Plus Karen wanted to restart her career. She wanted to write for the celebrity magazines. She wanted to be on the cover of the life and fitness titles. She had a major problem when her breast implants were removed and she wanted to write about that," Pecker testified.

Pecker said he asked Cohen, "Who is going to reimburse me for this?" He said Cohen responded "Don't worry about it, I'm your friend the boss will take care of it.'"

When prosecutor Josh Steinglass asked Pecker who "the boss" was, Pecker answered "The boss would have been Donald Trump"

Prosecutors then displayed for the jury the contract with McDougal, dated August 5, 2016. It awarded AMI, the Enquirer's parent company, the rights to her story of a relationship she had "with any then-married man." Pecker said "she was referring to Donald Trump."

Pecker testified he needed to "validate" the amount of money AMI was going to pay, so the contract included other provisions, like having McDougal write monthly columns on aging and fitness.

"With respect to campaign laws, I wanted to have the contract be a record that stipulates the services she was going to perform for American Media had a basis for it, the $150,000," Pecker said.

"Was it your primary purpose to buy the life rights?" Steinglass asked. "Yes it was," Pecker responded.

"Were the other provisions to disguise the true nature of this contract?" Steinglass asked. "Yes," Pecker replied, letting out a sigh.