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

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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."


Judge to rule tomorrow on Trump's cross-examination

Judge Juan Merchan plans to issue a ruling tomorrow about the bounds of Donald Trump's cross-examination if the former president decides to testify during the trial.

After hearing a brief oral argument this afternoon, Merchan told the parties he is reserving his decision, which he plans to issue sometime tomorrow.

Prosecutor Matthew Colangelo argued that Trump's alleged prior bad acts as demonstrated by a variety of civil and criminal determinations should be fair game during cross-examination.


DA seeks to question Trump about earlier gag order

The Sandoval hearing on Trump's potential testimony got underway with prosecutors pushing to cross-examine former president Donald Trump about his alleged violation of the limited gag order in his civil fraud trial.

Prosecutor Matthew Colangelo asked Judge Merchan to permit them to ask the former president about his testimony during his civil fraud trial when the former president claimed he was not referring to Judge Arthur Engoron's law clerk during remarks in the hallway of the courthouse last year.

Engoron determined that Trump's brief testimony rang "hollow and untrue."

Colangelo asked Merchan to allow cross-examination about Trump's testimony and the gag order violation last year in order to probe his credibility.

"He lied," Colangelo said of Trump. "It is very hard to think of something more probative of a testifying defendant's credibility."


Court resumes for afternoon session

Judge Juan Merchan began the court's afternoon session but did not mention the self-immolation incident this afternoon in the park across from the courthouse, and Trump did not respond to questions about the incident when asked by a reporter in the hallway outside the courtroom.

The judge plans to hold a Sandoval hearing this afternoon to determine the bounds of Trump's cross-examination if he decides to testify.

In a filing earlier this week, prosecutors said they planned to question the former president about his past civil cases, including $464 million business fraud judgment, the defamation and battery cases brought by E. Jean Carroll and a lawsuit Trump filed against Hillary Clinton claiming she conspired to rig the 2016 election.

Prosecutors also want to question Trump about the Trump Organization's 2022 criminal trial for tax evasion and the civil case against the Trump Foundation for misusing charitable donations to further Trump's political interests.

Trump is seated at counsel table between his lawyers Emil Bove and Todd Blanche. Manhattan District Attorney Alvin Bragg is not present in the courtroom.


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.