#TrumpTrial 🧵starts HERE. #Trump #legal 1/…
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74/ Klasfeld:
At one point during his remarks, he said witnesses they’re calling “have nothing to do with the case.”
As he left, your pooler shouted: How is the judge conflicted? Which witnesses were you speaking about?
Reminder:
Trump's attorney Todd Blanche previously said that his client can't simply give no-comments to press inquiries like this, but the former president confirms once again that he can.
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75/ McB:
McConney is describing the various types of 1099 tax forms.
The high schoolers, to their credit, are still paying close attention.
We now see People's 93: it's a 2017 1099-MISC. The payer is the Trump trust, and Michael D. Cohen, Esq. is the receipient.
Nonemployee compensation equals $105,000.
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76/ McB:
We see a second 2017 1099-MISC, with the payer as Donald J. Trump and Michael D. Cohen, Esq. as the receipient.
Nonemployee compensation equals $315,000.
These are the 1099s that the Trump Org sent to the receipient and IRS to report the $420,000 in payments that Cohen received in 2017.
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77/ McB:
Are you familiar with the Office of Govt Ethics? Colangelo asks McConney, getting a few subdued chuckles from the gallery.
McConney describes the 278E filing— a filing for conflict of interest form Trump had to file annually.
278E is a conflicts disclosure, so what kind of info has to be disclosed?
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79/ McB:
McConney would work til 4am filling out these documents—"might be normal for you" McConney says to Colangelo, but "not normal for my life."
He would work through the night filling these out from A to Z for each year McConney was there and Trump was a public official.
Prosecution offers Trump's 2017 OGE conflicts report into evidence, but Bove objects.
Sidebar.
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81/ McB:
On page 45 (Part 8: Liabilities), JM reads (paraphgrased): In the interest of transparency, while not required to be disclosed...in 2016 expenses were incurred by one of DJT's attorneys, Cohen. Cohen sought reimbursement of those expenses and Trump fully reimbursed him in 2017.
At 12:16 p.m., no further questions from Colangelo.
"Your witness," Merchan says to the defense, as Bove gathers his binder and steps up to the podium.
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82/ McB:
Bove: At that time, Michael Cohen was a lawyer, correct?
McConney: Ok...sure (getting another respectable laugh from the gallery. Once again, the tried and true Cohen punchline.)
Payments to lawyers are legal expenses, right? Yes
And you booked those expenses as legal expenses, right? Yes.
Rarely had convos with Pres Trump? Very rarely.
Never gave him a tour of the MDS system? Right. -
@GottaLaff No objection for misstating the law?
Because in high business, it's relatively common to do certain types of payments through lawyers, but that alone doesn't make them into legal expenses. That's why lawyers have special bank accounts for holding customers' money without commingling it.