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Apr 26

Banker Who Handled Cohen Account Testifies in Trump Trial

| Published
Apr 26, 2024
| Updated
Apr 26, 2024
Banker Who Handled Cohen Account Testifies in Trump Trial
Former President Donald Trump appears in court during his trial for allegedly covering up hush money payments at Manhattan Criminal Court in New York on April 26, 2024. (Dave Sanders/Pool via Getty Images)
Here is the latest
Trump Invites Biden to Debate
Farro Says He Was Assigned Cohen for Ability to Work With 'Challenging' Clients
Banker Takes Witness Stand
Graff Says Stormy Daniels Was Mentioned as Potential Contestant
Graff Describes Work for Trump
Trump Invites Biden to Debate
9 days ago

President Trump invited President Biden to debate him anytime he didn't need to be in court, which he described as a "Biden indictment."

"This is eight days that we've all been sitting in this courthouse. This is called a Biden indictment," he said. "It's in order to try and win an election, a political opponent, and nothing like this has ever happened. Eight days. As you know, the economy's falling apart now ... our country is going to hell, and we sit here day after day after day, which is their plan because they think they might be able to eke out an election but I doubt it because the poll numbers are very good for us."

"I just want to say that I've invited Biden to debate. He can do it anytime he wants, including tonight. I'm ready, here we are. I invited him to the courthouse," President Trump added. He said it should be televised nationally, and said he could go to President Biden at the White House.

Farro Says He Was Assigned Cohen for Ability to Work With 'Challenging' Clients
9 days ago

Mr. Farro said he did not know how long Mr. Cohen had been a client of the bank before he took over.

"I can only tell you what I was told, that I was selected because of my knowledge and my ability to handle individuals that may be a little challenging," Mr. Farro said. He said he was assigned in 2015 and it ended in 2018 or 2019.

"Michael did a lot of his business by walking across the street," Mr. Farro said. "He had his own office there, it was in the Trump Tower, I think it's Fifth Avenue in Midtown."

Banker Takes Witness Stand
9 days ago

Gary Farro, private client adviser and executive managing director at Flagstar Bank, was called on by prosecutors as the third witness.

Mr. Farro previously worked for First Republic Bank, which was purchased by Chase Bank. He moved on to Flagstar.

He was assigned Mr. Cohen as a client after a colleague of his left.

Graff Says Stormy Daniels Was Mentioned as Potential Contestant
9 days ago

Ms. Graff said President Trump took phone calls behind a wall and she could not hear him on the phone "unless it was very loud."

"He would vocalize, sometimes, people he was interested in to members of the staff. I don't recall him specifically discussing with me," she said.

"I vaguely recall hearing him that Stormy Daniels was one of the people that may be an interesting contestant on the show," Ms. Graff said. "I can't recall a specific instance where I heard it, it was part of the office chatter."

Graff Describes Work for Trump
9 days ago

Ms. Graff described her role and time at Trump Organization under cross examination by defense attorney Susan Necheles.

She said she has worked for President Trump for 34 years, and it's never the same day twice.

"I think that he was a fair and respectful boss to me, in all that time," she said. "Responsibilities definitely evolved over the years that I was there.

Rhona Graff Testifies
9 days ago

Prosecutors called Rhona Graff, longtime assistant to President Trump, to the witness stand.

Ms. Graff affirmed she was testifying pursuant to a subpoena. She joined Trump Organization in 1987 and handles President Trump's calendar appointments, contacts, emails.

She affirmed that contact information for Ms. McDougal and Mr. Sajudin had been entered into the system she maintained and oversaw on behalf of President Trump. She said it was a "business duty" to maintain these contacts accurately.

Defense Questions Pecker
9 days ago

Mr. Bove questioned Mr. Pecker, correcting the prosecution's earlier reference to "attack ads" on political opponents to "headlines."

He then asked Mr. Pecker if Ms. McDougal had brought value to AMI as a celebrity in her own right, and Mr. Pecker said that was not the case.

Prosecutor Questions Pecker About FBI Notes
9 days ago

Mr. Steinglass revisited the FBI notes that Mr. Pecker claimed were inconsistent. The FBI had recorded in a report that Mr. Pecker said Mr. Trump never thanked him, while notes from the interview itself stated that he did.

Mr. Steinglass read, "that he, Trump, wanted to thank Pecker for handling the doorman ... stories because they had been very damaging to him."

"Do you believe that you have ever been inconsistent about this point?" Mr. Steinglass asked.

Pecker Backtracks on Learning Term 'Catch and Kill'
9 days ago

Prosecutors continued questioning Mr. Pecker after a lunch break.

Mr. Pecker affirmed that he had not heard the term "catch and kill" before a federal prosecutor used it.

Mr. Steinglass then pulled up the Nov. 4, 2016, Wall Street Journal article about Ms. McDougal's deal, in which the story described "quashing stories that way is known in the tabloid world as 'catch and kill.'"

Trump Offers to Debate Biden at Courthouse
9 days ago

President Trump responded to President Joe Biden's comment that he would be "happy to debate" him before the November election with an offer to do so "anywhere, anytime, anyplace."

"Crooked Joe Biden just announced that he’s willing to debate! Everyone knows he doesn’t really mean it, but in case he does, I say, ANYWHERE, ANYTIME, ANYPLACE, an old expression used by Fighters," President Trump wrote on Truth Social.

He noted he would be in Michigan Wednesday evening for a rally, making a jab at President Biden's electric vehicle policies, then offered to stay late at the courthouse, where dozens of media outlets are congregated, if President Biden was willing to debate in New York.

Prosecutors Say Pecker Paid More to Help Trump Than Schwarzenegger
9 days ago

 

Mr. Steinglass asked Mr. Pecker if he recalled Mr. Bove's line of questioning Thursday and Friday morning regarding other deals to suppress negative stories, then asked Mr. Pecker whether he spent anywhere close to $100,000 to help Arnold Schwarzenegger.

"No," Mr. Pecker said.

Prosecution Asks Pecker About Karen McDougal Deal
9 days ago

Mr. Bove also asked Mr. Pecker whether he sought legal advice related to Karen McDougal, which he affirmed. The defense finished questioning, and prosecutors began their redirect.

Mr. Steinglass asked Mr. Pecker to affirm that he did not personally speak to outside counsel in this instance, and to affirm that the provisions about her articles, covers, and ghostwriting were added "to give AMI some plausible deniability."

"Yes, that's correct," Mr. Pecker said. He affirmed that the "principal purpose" of the agreement was to suppress Ms. McDougal's affair story.

Pecker Did Not Admit to Campaign Violation
9 days ago

Mr. Bove had Mr. Pecker clarify that AMI did not admit to any campaign violations.

As a non-prosecution agreement, the document does not state any violations. It included the line, "no admission as to the merit of the commission's legal conclusions."

"That's different from an admission, right?" Mr. Bove asked.

Attorneys, Judge Sidebar Over Defense Questioning
9 days ago

Mr. Bove sought to address some remarks brought up in Mr. Pecker's Thursday testimony.

Mr. Pecker had said that Mr. Cohen, who has not yet testified, had told him not to worry about the investigation because Donald Trump at Jeff Sessions, then the attorney general, "in his pocket."

Mr. Bove asked if Mr. Pecker was concerned because "President Trump did not have Jeff Sessions in his pocket, correct?"

Defense Claims AMI Deal Affected By Investigation
10 days ago

Mr. Bove questioned Mr. Pecker about talks for the Hudson News Group to acquire National Enquirer and two other tabloids. The deal would have been worth about $100 million, but only if investigations were resolved before the money was taken out of escrow.

"There was no pressure about finalizing the agreement," Mr. Pecker said of the investigation. Other than the transaction being subject to a "drop dead date had to be done by a certain time."

"To Husdon News, the federal investigation was not going to reduce the earnings of the company," Mr. Pecker added.

Pecker Says FBI Report Inconsistent
10 days ago

Mr. Pecker also affirmed there was inconsistencies between his testimony and a report of an FBI interview about this exchange with President Trump.

"This is the FBI's interview, correct?" he said on the witness stand when asked to read a portion of it. "The FBI notes here, what someone writes now could be wrong. I know what I testified to yesterday, and I know what I remember. Going back to 2018, I didn't recall, what I was saying here is that there's the FBI investigation. I know what I said yesterday ... what the FBI interview was, made a mistake."

Mr. Bove asked, "so you can't reconcile what you said yesterday, is inconsistent with this report. Are you suggesting that the FBI made a mistake here?"

Defense Highlights Discrepancies in Pecker Testimony
10 days ago

Mr. Bove walked Mr. Pecker through his testimony yesterday, highlighting discrepancies of detail.

He had said that President Trump never thanked him for the deal with Mr. Sajudin, but also had said President Trump said "I want to thank you for the doorman situation."

 

Pecker Says Cohen Asked Him For Job, Media Coverage
10 days ago

Mr. Pecker testified that Mr. Cohen had made other personal requests for him, such as becoming chairman of a financial company after the former one had been terminated. Mr. Pecker said he had brought it up with Chatham Asset Management, who did not want Mr. Cohen, and it ended there. Mr. Cohen had also requested media coverage of himself to help him boost his standing.

Pecker Never Discussed Sajudin Deal With Trump
10 days ago

Mr. Pecker also affirmed that he never discussed the deal with Dino Sajudin directly with Mr. Trump.

AMI had paid Mr. Sajudin despite verifying that the story that Mr. Trump had fathered an illegitimate child was false.

Mr. Pecker affirmed that it took AMI some time to verify the story, during which Mr. Sajudin began to make threats, and so AMI bought the rights to the story in perpetuity, paying Mr. Sajudin even before publication of the story. He affirms this was standard business procedure for AMI.

'Catch and Kill' Not Discussed at Trump Tower Meeting
10 days ago

Mr. Pecker affirmed that during the 2015 Trump Tower meeting that prosecutors allege was the beginning of a conspiracy, the concept of "catch and kill" was not discussed.

The day before, he had told defense attorneys that this was not a term in his lexicon, and the first he heard it was when one of the prosecutors used it.

He affirmed for the defense that over the decades his publications have used hundreds of thousands of such contracts, and it's standard for these contracts to afford the publication rights to the story for years.

Pecker Returns to Witness Stand
10 days ago

Mr. Pecker took the witness stand again, for questioning by the defense.

He affirmed that it was the National Enquirer's standard practice to use other media's reporting for their stories. Covers of negative stories about the Clintons and others running against Trump at the time, like Ben Carson, were submitted into evidence.

 

Prosecution Requests Jury Instructions
10 days ago

Mr. Steinglass also requested that the judge instruct jurors on redactions seen in the evidence, "so the jury doesn't draw any improper inferences from those redactions."

 

Prosecution Accuses Defense of Inappropriate Questioning
10 days ago

Justice Merchan said the court will break at 12:30 to hear the government's motion to compel, but prosecutors said that was no longer necessary.

Prosecuting attorney Joshua Steinglass said that Mr. Bove's questions to witness David Pecker about "prior meetings with the DA's office and reviewing materials" was inappropriate.

"I think it left a distinct impression that the conduct was improper," Mr. Steinglass said, asking the judge to give the jury instruction on this point.

Attorneys in Dispute Over Admissible Evidence
10 days ago

Defense attorney Emil Bove renewed objections to admitting some communications and casting Dylan Howard as a "co-conspirator." The judge disagreed with the defense.

"Mr. Bove you expressed your concern. At some point it becomes cumulatively prejudicial. And I agree there could come a point. We’re just going to have to keep going through it. You make your objections and I'll continue to rule on them," Justice Merchan said. 

The judge said that "we're in agreement as to who is a co-conspirator, in this case Dylan Howard," referring to his addressing this point in court yesterday. Mr. Bove tried to interject for the record that the defense disagreed.

Trump Says Supreme Court Hearing Was 'Brilliant'
10 days ago

President Trump said he listened to the Supreme Court hearing on presidential immunity last night.

"I heard the argument was brilliant, I listened to it last night, I thought it was great, I thought the judges' questions were really great," he said. "All presidents have to have immunity,  it has nothing to do with me, absolutely nothing, all presidents have to have immunity or you don't have a president."

Trump Says Testimony Shows Case Should Be 'Over'
10 days ago

"Yesterday went very well in this courthouse," President Trump said. "It should be over, the case is over, if you heard what we said."

"But you have to make that determination. We have a judge that will never let this case be over," he added.

Judge Merchan Threatens Trump With ‘Immediate Arrest and Imprisonment’ Over Gag Order Violations
Tom Ozimek
9 days ago
Judge Merchan Threatens Trump With ‘Immediate Arrest and Imprisonment’ Over Gag Order Violations
(Left) Judge Juan M. Merchan poses in his chambers in New York on March 14, 2024. (Right) Former President Donald Trump at Manhattan Criminal Court in New York City on March 25, 2024. (Seth Wenig/AP Photo; Spencer Platt/Pool/AFP via Getty Images)

The judge presiding over former President Donald Trump’s criminal trial in New York has issued an order requiring the former president to attend a court hearing on his alleged violations of a gag order, with the judge threatening that failure to appear could lead to his immediate arrest and imprisonment.

New York State Supreme Court Justice Juan Merchan issued the order on April 25, setting a court hearing for May 1 at which he'll weigh four alleged instances of President Trump’s violating a gag order.

“Warning: your failure to appear in court may result in your immediate arrest and imprisonment for contempt of court,” the judge wrote.

Trump References House Report Accusing Manhattan DA of Politically Motivated Prosecution
10 days ago

"This is a rigged trial, terrible, everybody knows it," President Trump told reporters.

He had in hand a large stack of papers, which today includes a report from Congress.

The House Judiciary Committee has released a report alleging Manhattan District Attorney Alvin Bragg’s case was driven by a political vendetta.

Trump Wishes Melania Happy Birthday Before Heading Into Courtroom
10 days ago

President Trump made a media appearance before heading into the courtroom, starting his remarks by wishing his wife Melania Trump "a very happy birthday."

"She's in Florida, I'll be going there this evening after this case finishes up," he said. "This horrible, unconstitutional case."

What to Know
10 days ago

David Pecker, former head of American Media Inc. (AMI), will return to the witness stand for cross-examination by the defense.

Mr. Pecker detailed three deals involving former President Donald Trump over his three days of testimony this week.

President Trump has been charged with 34 counts of falsifying business records, which prosecutors say was done in order to cover up a scheme to influence the 2016 elections. The defense argues President Trump has not committed any crimes.

Key Witness Lays Out Saga of Deals Comprising Alleged Conspiracy in ‘Breathtaking’ Trump Trial Testimony
Key Witness Lays Out Saga of Deals Comprising Alleged Conspiracy in ‘Breathtaking’ Trump Trial Testimony
Former President Donald Trump (C) attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City on April 25, 2024. (Jeenah Moon/Pool/AFP via Getty Images)

April 25 was a big day for former President Donald Trump as the Supreme Court heard arguments over his presidential immunity defense while a second criminal trial made significant headway in testimonies in New York.

Still, President Trump took the opportunity to make a campaign stop before either of those events, shaking hands with construction workers in New York as a crowd chanted “USA, USA” on 48th Street and Park Avenue at 6:30 a.m.

“I’m going to make a play for New Yorkers,” President Trump told reporters at the event. “They said, I just heard, there was a very good poll that came out. Normally, a Democrat will win New York. Biden is the worst president in history, we have some very bad people here, but we have the greatest people and they’re right behind me. They all want us to run, and we’re going to run very hard in New York.”