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© Invoice Hennessy


The prosecution within the trial of former Trump marketing campaign chairman Paul Manafort rested Monday after filling up 10 days with 27 witnesses.

Listed here are three takeaways:

Closing testimony

Prosecutors tied up the unfastened ends of their case on Monday, calling the final banker to testify and asking a monetary fraud federal agent to return to the witness field. The banker, James Brennan of Federal Financial savings Financial institution, put the ending touches on how his financial institution’s founder and chairman, Stephen Calk, assisted in Manafort’s fraud by pushing $16 million in loans the financial institution knew had been too dangerous to offer.

The financial institution knew and documented the monetary purple flags that got here with Manafort’s mortgage functions — from hidden debt to shaky skilled revenue. Brennan even rated one mortgage for Manafort dangerous however doable in a memorandum utilized by regulators and the financial institution. He mentioned on the stand Monday he would by no means have provided that ranking if Calk hadn’t pressured him. Calk sought a high function within the Trump marketing campaign and administration on the time the financial institution authorised the loans, one other witness testified.

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“If I had my suggestion … the mortgage wouldn’t be made,” Brennan mentioned. He gave it the sham ranking “as a result of the mortgage was going by way of,” he added.

Prosecution rests

If that did not give sufficient readability to prosecutors’ allegations, one final five-question alternate might need. Prosecutors received Choose T.S. Ellis’ permission to name again a monetary fraud agent with the enforcement company FinCEN to talk about Manafort’s overseas banking prices. The witness, Paula Liss, testified that not solely hadn’t Manafort himself disclosed to the company the existence of his overseas accounts, however neither did his consulting firm, which introduced in thousands and thousands of {dollars} for Ukrainian lobbying. She spoke on to the query of whether or not Manafort knew he wanted to speak in confidence to the federal authorities his overseas financial institution accounts.

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With little fanfare following Liss’ closing solutions, prosecutor Greg Andres stood as much as say the prosecution was carried out.

What’s subsequent

Now, the large query is what Manafort’s protection staff will do. Will they current a case and name witnesses? Will Manafort testify in his personal protection? Or will his protection staff do nothing, successfully rolling the cube on their efforts to chop down the prosecution witnesses’ testimony over the previous two weeks?

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It will be stunning if Manafort testified. He’d open himself as much as cross-examination by the prosecutors, who’ve offered reams of proof towards him, and something he says in courtroom may very well be used towards him in September, when his second felony trial for overseas lobbying violations is about to start.

Each the prosecutors and the protection staff say they need two hours every to make their closing arguments.

“I feel that is throughout the outer envelopes of affordable. So I will allow two hours, however I inform you, it is no accident that TV packages are half an hour,” Ellis informed them on Friday, persevering with his lively presence within the courtroom.

Then, as soon as each side have rested, the courtroom will decide the directions they offer to a jury. And the jury will begin its work.

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