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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Court recessed for the day

Judge Juan Merchan has recessed court for the day.

Proceedings will resume tomorrow with plans to choose the remaining alternates for the jury.


Citing concerns, prosecutors mum on identity of 1st witnesses

Prosecutors are keeping their cards close to vest regarding who the first witnesses called at trial will be.

When defense attorney Todd Blanche requested the names of the first three state witnesses, prosecutor Joshua Steinglass declined to provide the name of the first planned witnesses following opening statements.

“Mr. Trump has been tweeting about the witnesses,” Steinglass said. “We are not telling you who the witnesses are.”

Blanche attempted to ease that concern by vowing that the former president would not post about the likely witness.

“I don’t think you can make that representation,” Judge Juan Merchan said.

On a separate matter, Merchand said that if time permits tomorrow, he plans to hold a planned hearing on the bounds of Trump’s cross-examination if he opts to testify.


Judge says goal is for opening statements on Monday

Judge Merchan indicated that his goal is to have opening statements in the trial begin on Monday morning.

“We can't start until every single one of you is here,” Merchan said to the newly sworn-in jury members, urging them to inform him if they encounter any delay.

After the jury was sworn in, former President Trump sat stone-faced at the defense table with his hands locked, staring at the jury as they left the courtroom.


5 new jurors include several transplanted New Yorkers

Following the seven jurors chosen earlier, here is basic biographical information on the remaining five jurors, whose identities are being kept private for security reasons.

Juror No. 8 is a former wealth manager who moved to New York in the 1980s. He is originally from Lebanon.

Juror No. 9 is a speech therapist who grew up in New Jersey.

Juror No. 10 has lived in Murray Hill for six years and worked in commerce for an eyewear company.

Juror No. 11 is originally from California and works as a production development manager for a multinational apparel company.

Juror No. 12 is a physical therapist whose husband works as a coach for a professional sports team.


'They agreed to cook the books,' prosecutor says

Prosecutor Matthew Colangelo asked jurors to ponder why Donald Trump did not negotiate the $420,000 repayment scheme allegedly proposed by Michael Cohen and then-Trump Organization CFO Allen Weisselberg.

"Donald Trump was a very frugal businessman. He believed in pinching pennies. He believed in counting every dollar. He believed in negotiating every bill," Colangelo said. "It's all over all the books he's written. He ran the Trump Organization with total control."

But when it came time to set Cohen's repayment, Trump did not question the proposal from Cohen and Weisselberg, Colangelo said.

"This might be the only time that ever happened," said the prosecutor.

According to Colangelo, Trump consented to the arrangement because he knew the scheme was to cover up the hush money payment to Daniels and other expenses.

"It was instead what they thought was a clever way to pay Cohen back without being too obvious about it," Colangelo said.

Colangelo said that the jurors will see handwritten notes from Weisselberg laying out the entire scheme.

"They agreed to cook the books," said Colangelo.