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.
Day 6 of trial to start with contempt hearing
Day 6 of Donald Trump's criminal trial will begin with a hearing in front of Judge Juan Merchan in which prosecutors will seek to have the former president held in contempt for repeatedly violating the limited gag order in the case.
Prosecutors have argued that Trump violated the limited gag order -- which prohibits statements about witnesses, jurors, and lawyers in the case other than Manhattan District Attorney Alvin Bragg -- on at least ten separate occasions this month, and have asked the judge to hold him in contempt of court and fine him $10,000.
Trump's lawyers have argued that prosecutors have not proven the posts in question were willful violations of the gag order, telling Merchan that the former president was defending himself from attacks by the likely witnesses.
Following the hearing, testimony in the hush money trial is scheduled to resume with former National Enquirer publisher David Pecker on the stand. Prosecutors believe he is key to understanding Trump’s motivation for paying off Stormy Daniels so damaging information did not seep into the 2016 campaign.
Trump, after court, says payments were correctly labeled
Moments after his criminal trial adjourned for the day, Donald Trump exited the courtroom and told reporters that his payments to his former attorney Michael Cohen were appropriately labeled as legal expenses.
"Actually, nobody's been able to say what you're supposed to call it," Trump told the media. "If the lawyer puts in a bill or an invoice and you pay the bill ... that's a very small little line ... it's not like you could tell a life story."
"They marked it down for a legal expense. This is what I got indicted over," Trump said.
The former president also attempted to paint Cohen as an unreliable witness and said he "wasn't very good in a lot of ways" as an attorney.
Trump's motorcade then departed the courthouse.
-Mike Pappano
Court wraps for day, Pecker to return tomorrow
David Pecker stepped off the witness stand after his initial testimony. He is scheduled to return to the witness stand tomorrow at 11 a.m. ET.
During his brief testimony, Pecker suggested that former National Enquirer Chief Content Officer Dylan Howard -- an alleged participant in the catch-and-kill scheme alleged by prosecutors -- will be unable to testify due to a medical condition.
Pecker appeared to greet Trump and his lawyers as he exited the courtroom.
Court subsequently wrapped for the day.
Trump left the courtroom flanked by Secret Service agents and staffers, as well as Trump Organization General Counsel Alan Garten.
Judge Merchan is scheduled to hold a contempt hearing about Trump’s alleged violations of the case’s limited gag order tomorrow morning at 9:30 a.m. ET.
David Pecker takes the stand for prosecution
David Pecker, who once called Donald Trump "a personal friend of mine," flashed a big smile as he took the stand as the trial's first witness, belying the gravity of the moment.
Pecker cackled loudly into the microphone, jolting the room, when prosecutor Josh Steinglass, asked him about his various phone numbers that he struggled to remember.
Pecker, 72, was the publisher of the National Enquirer but prosecutors said he was "acting as a co-conspirator" in helping buy and bury damaging stories about Trump, including a doorman's false claim that Trump had fathered a love child and a Playboy model's claim of a sexual relationship with Trump, who has denied both allegations.
Trump, who once said Pecker would make a "brilliant" choice as editor of Time magazine, listened while leaning forward in his chair, arms crossed on the table, an unhappy look on his face.
Pecker testified that he had final say whether to publish any story involving a famous person.
"I had the final say of the celebrity side of the magazine," Pecker said. "We used checkbook journalism. We paid for stories."
Pecker is testifying pursuant to a subpoena. He has also secured a non-prosecution agreement with the Manhattan district attorney's office.
Pecker reiterates that he didn't want Stormy Daniels' story
Former National Enquirer publisher David Pecker testified on cross-examination that the publication's limited involvement in Stormy Daniels' hush money payment was unrelated to the August 2015 Trump Tower meeting where Pecker vowed to serve as the "eyes and ears" of Trump's presidential campaign.
Pecker's testimony on cross-examination about the Daniels story appeared consistent with his testimony yesterday about his strong desire not to be involved in the Stormy Daniels payment.
Pecker said yesterday that he did not want to be involved in the story due to concerns about reputational harm to the National Enquirer and a lack of reimbursement for the other payments he had made to suppress previous Trump stories.
"I said, we already paid $30,000 to the doorman, we paid $150,000 to Karen McDougal, and I am not a bank. I am not paying out any further disbursements among us," Pecker testified yesterday. Pecker said he instructed National Enquirer Chief Content Officer Dylan Howard to flag the Stormy Daniels story to Michael Cohen, who made the payment to Daniels himself.
Asked about Daniels' payment on cross-examination, Pecker said that the National Enquirer's limited involvement was unrelated to their vow to Trump.
"You did not consider the Stormy Daniels story to be part of any agreement you had in August 2015?" defense attorney Emil Bove asked.
"That is correct," Pecker said.
"You wanted nothing to do with it?" Bove said.
"That's correct," Pecker said.
Pecker added that he did not "authorize" Howard to continue communicating with Stormy Daniels' lawyer Keith Davidson about the payment.
When Howard raised concerns to Pecker that Davidson had not yet been paid by Michael Cohen, Pecker said he was angry that Howard continued to communicate with Davidson about the story. In addition to the nature of the story -- which Pecker said could endanger the National Enquirer's relationship with its distributors -- Pecker said Cohen's delay in paying Daniels' lawyer could result in reputational harm to the National Enquirer.
"Frankly, you were not happy to be hearing that?" Bove asked about Cohen's delayed payment.
"Yes," Pecker said.
"The main concern was Howard's reputation?" Bove asked.
"Yes," Pecker said.