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.
Top headlines:
- Banker says he set up LLC, which Cohen used to pay Daniels
- 'Thank you for handling' McDougal, Pecker says Trump told him
- 'This story is true,' Pecker recounts being told of Stormy Daniels
- Pecker describes $150,000 negotiations for McDougal's story
- Secret Service has plans if Trump is confined for contempt: Sources
What to know about the hush money case
READ MORE: Here's what you need to know about the historic case.
'It was election fraud, pure and simple,' prosecutor says
"It was election fraud, pure and simple," prosecutor Matthew Colangelo told the jury during opening statements as he outlined the hush payment to adult film actress Stormy Daniels and how it was logged by the Trump Organization
Dylan Howard, then editor of the National Enquirer, had called Trump attorney Michael Cohen to inform him about Daniels and the story that she had of a sexual liaison with Trump, which the former president has long denied.
"Cohen then discussed the situation with Trump who is adamant that he did not want the story to come out," Colangelo said. "it could have been devastating to his campaign."
At the time, Trump and the campaign were "deeply concerned" about the "Access Hollywood" video, the prosecutor said. Cohen wired the $130,000 to Daniels' lawyer to keep her quiet.
"Cohen made that payment at Donald Trump's direction and for his benefit and he did it with the special goal of influencing the election
This was not spin or communications strategy. This was a planned, coordinated long-running conspiracy to influence the 2016 election to help DT get elected through illegal expenditures to silence people who had something bad about his behavior. It was election fraud, pure and simple," Colangelo said.
'Access Hollywood' tape was 'explosive,' prosecutors claim
Prosecutor Matthew Colangelo read aloud part of the transcript of the infamous "Access Hollywood" tape to jurors.
"You can do anything," Colangelo slowly read to the jurors, quoting Trump from the tape. "Grab them by the p----. You can do anything."
According to Colangelo, the October 2016 release of the tape had an "immediate and explosive" impact on Donald Trump's presidential campaign.
"Seeing and hearing a candidate in his own words, in his own voice, with his own body language ... has a much greater impact on voters than words on paper," Colangelo said. "The campaign went on immediate damage control mode to blunt the impact of the tape."
The campaign was concerned about the impact it might have on Trump voters or even the possibility that Trump could lose the Republican nomination one month out from the election, according to Colangelo.
"The Republican National Committee even considered whether it was too late to replace their own nominee," Colangelo said.
Trump, listening to openings, shakes his head
Former President Trump, sitting at the defense table, softly shook his head "no" when prosecutor Matthew Colangelo told the jurors that Trump formed a "conspiracy" with Michael Cohen and David Pecker to "help him get elected."
It was one of the most notable reactions from Trump as he sits and listens to prosecutors lay out their story of the case.
Colangelo then brought up the "Access Hollywood" tape and said it showed Trump "bragging about sexual assault," Trump shook his head no again, pursing his lips. He did not react when Colangelo, quoting Trump on the tape, said, "grab them by the p----."
Earlier, as Colangelo brought up a former Trump doorman who was he said was paid off as part of the alleged catch-and-kill scheme, Trump -- looking annoyed -- leaned over and tapped his lawyer Todd Blanche. When Colangelo said the doorman was paid $30,000 to bury his story, Trump raised his eyebrows and grabbed onto a pen.
The former president has been passing notes and sliding papers between Blanche and attorney Emil Bove, and leaning side-to-side, whispering to them. Blanche at one point pulled out his own sticky note and slid a note back to Trump.
At other times he has hardly seemed engaged at all, slumping in his red leather chair looking straight forward with no facial expression, or fidgeting with his head tilting back and forth. At one point during jury instructions he let out a yawn.
Prosecutor alleges 3-prong conspiracy
"It starts with that August 2015 meeting in Trump Tower," prosecutor Matthew Colangelo told jurors about the alleged conspiracy, in his opening statement.
Following a meeting between Donald Trump, his then-lawyer Michael Cohen, and AMI executive David Pecker, the three engaged in a three-prong conspiracy to help influence the 2016 election, according to Colangelo.
First, the National Enquirer would run "headline after headline that extolled the defendant's virtues," according to Colangelo.
"Pecker had the ultimate say over publication decisions," Colangelo said, adding that Trump edited, killed, and suggested the cover of the magazine.
Second, the National Enquirer would run negative stories attacking Trump's opponents in the 2016 Republican primary, such as attacks on Ben Carson or Marco Rubio.
Third, the "core of the conspiracy" was killing negative stories about Trump -- evolving into the catch-and kill scheme, Colangelo said.
"The National Enquirer ran these stories as part of the conspiracy launched after the Trump Tower meeting," he said.
Trump en route to courthouse
Former President Trump is en route to the courthouse in lower Manhattan for this morning's proceedings.
The former president left for the the courthouse from Trump Tower in Midtown Manhattan.