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."


'The boss will be angry' if the deal is off, Pecker says he was told

Former National Enquirer publisher David Pecker described one of the most heated moments so far during the catch-and-kill arrangement between him, Donald Trump and Trump's then-attorney Michael Cohen.

When Cohen approached Pecker with a plan to reimburse the National Enquirer for buying the exclusive rights to Karen McDougal's story, the two men drew up paperwork in which Cohen would repay the Enquirer's parent company, AMI, through a shell company he created, Pecker said.

But Pecker testified that he had a change of heart after consulting with his general counsel.

"I called Michael Cohen and I said to him that the agreement we signed -- the deal was off. I am not going forward, it is a bad idea," Pecker testified. "I want you to rip up the agreement."

"He was very, very, angry. Very upset, screaming basically at me. And I said, I'm not going forward with this agreement, rip it up," Pecker said.

Pecker said Michael Cohen then brought up "the boss."

"And Michael Cohen said, the boss is going to be very angry with you. And I said, I'm sorry, I am not going forward. The deal is off," Pecker recounted. "And he said, I can't believe it. I'm a lawyer, I'm your friend. I don't understand why you're not going forward. I said I am not going forward. Period."

Pecker previously described at length that he was aware that the National Enquirer's payment to Karen McDougal in order to catch and kill her story for the benefit of Trump's campaign would amount to an illegal campaign contribution -- softening his tone when he testified to this.