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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Attorneys to present opening statements

After a week-long selection process, the jurors in Donald Trump's New York hush money case are scheduled to hear opening statements this morning in the first criminal trial of a former U.S. president.

To prove their case, lawyers for Manhattan District Attorney Alvin Bragg need to convince twelve jurors beyond a reasonable doubt that Trump repeatedly falsified records to unlawfully influence the 2016 presidential election.

"This case has nothing to do with your personal politics or your feelings about a particular political issue," prosecutor Joshua Steinglass told prospective jurors on Thursday. "It's not a referendum on the Trump presidency, a popularity contest, or any indication of who you plan to vote for this fall. This case is about whether this man broke the law."

Trump's lawyers are expected to focus their efforts on going after the credibility of prosecution witnesses, suggesting the case itself is politically motivated and arguing that the former president never intended to commit a crime.


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.


Pecker says McDougal's story could have 'hurt the campaign'

Former National Enquirer publisher David Pecker testified that he believed Donald Trump had knowledge about the $150,000 contract to buy Karen McDougal's silence regarding an alleged year-long affair.

"Do you know if anyone else besides Michael Cohen had any knowledge of this contract?" prosecutor Joshua Steinglass asked.

"Yes, I believe Donald Trump did," Pecker responded.

"Was your principal purpose to suppress the story to prevent it from influencing the election?" Steinglass asked.

"Yes," Pecker said.

"Were you aware that expenditures by corporations made for the purpose of influencing an election made in coordination with or at the request of a candidate or campaign were unlawful?" Steinglass asked.

Pecker said he was aware and confirmed that the Enquirer's parent company, AMI, never reported the payment to the Federal Election Commission.

"We purchased the story so it wouldn't be published by any other organization," Pecker said.

"Why did you not want it to be published by any other organization?" Steinglass asked.

"We didn't want the story to embarrass Mr. Trump or embarrass or hurt the campaign," Pecker said.

"Who is we?" Steinglass followed up.

"Myself and Michael Cohen," Pecker said.

According to Pecker, AMI agreed to the $150,000 payment on the promise that Donald Trump or the Trump Organization would reimburse AMI for the payment. He frequently followed up with Cohen about the reimbursement and got a similar answer from Cohen.

"Why are you worried? I am your friend. The boss will take care of it," Pecker said about Cohen's response.