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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Prosecutors call David Pecker as 1st witness

Prosecutors have called former American Media Inc. executive David Pecker as their first witness.

The DA alleges that Pecker, who oversaw the National Enquirer, engaged in a conspiracy with Trump and Trump's then-attorney Michael Cohen to help influence the 2016 election by killing negative stories about Trump.


Michael Cohen obsessed with 'getting Trump,' defense claims

In his opening statement, defense attorney Todd Blanche sought to eviscerate Michael Cohen's credibility, saying Cohen is obsessed with Donald Trump, has a desire to see Trump incarcerated and has a propensity to lie.

"He has a goal, an obsession, with getting Trump. I submit to you he cannot be trusted," Blanche said.

On Sunday night, Cohen publicly posted online that he had a "mental excitement about this trial" and the testimony he would deliver, Blanche said.

"His entire financial livelihood depends on President Trump's destruction," Blanche said. "You cannot make a serious decision about President Trump by relying on the words of Michael Cohen."


Trump had 'nothing to do' with invoices, defense says

"I have a spoiler alert," defense attorney Todd Blanche told jurors during his opening statement. "There is nothing wrong with trying to influence an election. It's called democracy."

Amid frequent objections from prosecutors, Blanche argued that the Manhattan district attorney has attempted to make the payments and non-disclosure agreements between Trump and Stormy Daniels "sinister" to the jury.

Judge Merchan had to interrupt Blanche's opening after multiple objections from prosecutors, then he met the parties at a sidebar conference, after which he struck a line from Blanche's opening.

"There is nothing illegal about entering into a non-disclosure agreement. Period," Blanche restated after the portion of his opening was struck from the record.

Blanche's opening has come off more casual and off-the-cuff than the state's opening, with Blanche improvising and posing hypotheticals to argue that accountants at the Trump Organization did not run the invoices by Trump as he was "running the country."

"'Hey, we got this invoice. I know we are trying to cover it up here,'" Blanche said sarcastically about how prosecutors described how accountants received invoices from Cohen. "Absolutely not."

According to Blanche, Trump was unaware of how the invoices were processed by his employees.

"President Trump has nothing to do -- nothing to do -- with the invoice, with the check being generated, or with the entry on the ledger," Blanche said, arguing that Trump was busy "in the White House while he was running the country."

"The reality is that President Trump is not on the hook -- criminally responsible -- for something Michael Cohen might have done years after the fact. The evidence will prove otherwise," Blanche said.


'None of this was a crime,' defense attorney says

Donald Trump is "not just our former president, he's not just Donald Trump that you've seen on TV," said defense attorney Todd Blanche in his opening statement.

"He's also a man. He's a husband," Blanche said. "He's a father."

Blanche pushed back on the DA's overall allegation that the payments to Trump's attorney Michael Cohen were weren't only payback for Stormy Daniels by using the prosecutor's own words against him.

Blanche noted that Cohen paid $130,000 to Daniels, but that Trump paid back Cohen a total of $420,000. If Trump really was a frugal businessman, as prosecutors said, why would he overpay that money, Blanche asked.

"Ask yourself, would a frugal businessman, a man who pinched his pennies, repay a $130,000 debt to the tune of $420,000?" Blanche asked.

Blanche repeatedly reiterated that Cohen truly was an attorney for Trump and was doing legal work for him, pointing out that Michael Cohen's own email signature noted he was Trump's attorney.

"None of this was a crime," Blanche said, saying the 34 counts against Trump "are really just 34 pieces of paper."


Prosecutors warn about seeking potential jail time

Donald Trump's lawyer Todd Blanche, during the contempt hearing on the limited gag order in the case, defended the former president's comments by arguing that Trump was responding to political attacks.

"President Trump does in fact know what the gag order allows him to do and not allow him to do," Blanche said. "There is no dispute that President Trump is facing a barrage of political attacks from all sides."

According to Blanche, while the limited gag order prohibits statements about a witness' potential participation in a case, Trump is allowed to make comments in response to political attacks from potential witnesses like Michael Cohen and Stormy Daniels.

"They are talking about their very strong dislike of President Trump," Blanche said about a post related to former Daniels attorney Michael Avenatti's comments on Michael Cohen.

Judge Juan Merchan questioned Blanche about what exactly made Trump's response "political" in nature.

"You believe that everything Mr. Avenatti said does not relate to the trial, but the use of the word 'pardon' makes it political and in a sense authorizes your client to respond?" Merchan asked.

"It's everything. It can't just be a single word," Blanche responded.

"When your client is violating the gag, I expect more than one word," Merchan said.

Conroy asked Merchan to advise Trump that for future violations of the gag order, "incarceration is an option should it be necessary."