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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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."


Pecker reaffirms catch-and-kill was to benefit Trump

Former National Enquirer publisher David Pecker, during his redirect examination, reiterated the basic terms of his catch-and-kill arrangement with Donald Trump and Michael Cohen, though he acknowledged he did not use the words "catch-and-kill" during his August 2015 meeting at Trump Tower.

"Did you specifically use the word catch-and-kill during that meeting?" prosecutor Joshua Steinglass asked.

"No, I did not," Pecker said.

"What was your understanding of the part of the agreement that involved money?" Steinglass asked.

"It was my understanding that I would use the company's sources to hear any information that was coming out on Mr. Trump or the campaign related specifically to women who would be selling their stories," Pecker said, referencing a similar arrangement with then-gubernatorial candidate Arnold Schwarzenegger.

"My understanding is [for] those stories that come up, I would speak to Michael Cohen and tell him that these are the stories that are going to be for sale. If we don't buy them someone else will, and that Michael Cohen would buy them or make sure they don't ever get published. That was my understanding from that meeting," Pecker said.

Pecker reiterated that he did not plan to publish the Karen McDougal story -- despite its value to the National Enquirer if it were true -- in order to help the Trump campaign.

"That would kind of be like National Enquirer gold?" Steinglass asked.

"Yes," Pecker responded.

"Zero intention of publishing that story?" Steinglass asked.

"That is correct," Pecker said.

"You killed the story because it helped the candidate Donald Trump?" Steinglass asked.

"Yes," Pecker said.

The proceedings subsequently broke for lunch, with redirect to resume afterward.