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Expected today? A possible ruling on whether Trump owes at least $10,000 for violating his gag order, and more testimony from the private banker Gary Farro about dodgy financial maneuvering to hide Trump’s dirty laundry from American voters.
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Farro already told the court last week that in 2015 he became the contact for Michael Cohen – then Trump’s attorney – at First Republic Bank, where he says he witnessed Cohen’s financial chicanery to protect Trump.
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Prosecutors say Trump, Cohen and tabloid honcho David Pecker plotted in the summer of 2015 to bury any negative stories that could harm Trump’s run for president.
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The next year, with crucially less than a month to go before the election, came the release of the infamous Access Hollywood tape, in which Trump bragged about groping women.
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And a day after that – 8 October 2016 – prosecutors say Cohen learned that Stormy Daniels, the pornographic film star, was alleging an affair with Trump.
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Prosecutors say Trump’s campaign feared that any additional accounts of boorish behavior could sink his chances in the general election – so, they say, Cohen set up LLCs to facilitate hush-money payments without the candidate’s fingerprints.
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As evidence, they say Cohen sought to open accounts for two new companies in October of 2016. Into one of them – Essential Consultants – he plunked his own money. This was the account that wired $130,000 to Daniels’ lawyer, so she would not go public with her story.
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We’ll learn more today: court is expected to resume at 9am ET.
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important events
Trump hush money trial enters third week with testimony from banker who collaborated with Cohen
And I’m back: donald trumpThe New York criminal trial begins its third week today after yesterday’s rest day.
What are your expectations today?Possible ruling on whether President Trump owes at least $10,000 for violating gag order and additional testimony from private banker Gary Faro About dangerous financial operations to hide Trump’s dirty laundry from American voters.
Mr Faro had already told the court last week that in 2015 he became the point of contact for the case. michael coen – Mr. Trump’s lawyer at the time – worked at First Republic Bank, where he said he witnessed Mr. Cohen commit financial fraud to protect Mr. Trump.
Prosecutors speak with Trump, Cohen and tabloid executives david pecker planned in the summer of 2015 to kill negative stories that could hurt Trump’s presidential bid.
The following year, with less than a month left until the election, release The infamous Access Hollywood tape in which President Trump bragged about groping women.
The next day, on Oct. 8, 2016, prosecutors say Cohen learned: stormy danielsthe porn movie star had claimed to have had an affair with Trump.
Prosecutors said the Trump campaign feared further testimony of unscrupulous behavior would hurt Trump’s chances in the general election, so Cohen facilitated hush-money payments without candidates’ fingerprints. He claims to have established an LLC to do so.
As evidence, Mr. Cohen allegedly attempted to open two new company accounts in October 2016. He poured his own money into one of those companies, Essential Consultants. This was the account that sent $130,000 to Daniels’ lawyer, and Daniels tried to keep his story private.
We will know more details today. Court is scheduled to resume at 9 a.m. ET.
