Donald trump takes his campaign into a New York City courthouse. The former president attends day one of his Civil Fraud Trial. His lawyers play to an audience of one. And make this him arguments of the judge has already picked up apart. Former Manhattan District Attorney cyrus vance for the and Preet Bharara are on standby for the reaction. And theyre coming up first. Plus, Prosecutor Pepper dan goldman joins me now to discuss the spectacle and what played out in his district in manhattan today. Also breaking, today matt gaetz officially fusses motion to kick housekeeper Kevin Mccarthy out of his job. Ill ask republican congressman Bill Buck What the future will look like without him. So the kickoff of donald trump s Civil Fraud Trial in new york today was chockfull of the kind of bluster that weve all come to expect from the former president. Not really a big surprise. But he can huff and puff all he wants. The thing is in this case, trumps day of reckoning has already. Come the judges already found him liable of fraud. Hes already decided to revoke trumps business licenses, and thats a massive blow to trumps image of the selfmade billionaire in Real Estate Guru that hes presented himself as for decades. While his bravado might work in the court of Public Opinion, weve seen that play out in the republican primary, it doesnt work in the court of law in the same way. As the new York Attorney general said today, quote, in might be one thing to exert for forbes magazine, you cannot do it while Conducting Business in the state of new york. Nor should you be able to. Its not just a question of how much trump must pay. Thats what this trial is all about. The future of trumps namesake company. In making their case today, the attorney Generals Team really pulled back the curtain. Revealing exactly how the trump campaigny value the properties. The presentation included a deposition from former trump lawyer Michael Cohen who said trumps asset valuations were inflated to accommodate whatever number trump wanted his overall net worth to be. The goal was to use each of the assets and increase its value in order to get to the end result number. It was basically biking in numbers to each of the Asset Classes in order to win attain the number that mr. Trump wanted. To obtain the number that mr. Trump wanted. Thats not exactly how its post work. See, the Attorney General and her team are relying on facts and evidence, and Witness Testimony to make their case. As its supposed to be in the court of law. But Donald Trumps audience today wasnt the judge, it seems to be his mcvays. And this bizarre political world were living there, he thinks he can capitalize on his appearance in the courtroom. He might be able in the republican primary. Remember, the defendant we saw today all hunched, over the skull on his face, hunched, over hes also the front runner for the republican nomination. And that aggressive lie filled, the aggressive all across the country for years, thats what we hear from him each time when he left the courtroom today. Even as the dust has settled, he and his campaign burrow ready campaigning also his lawyers. They argued this was victimless. No one was hurt here. The banks even made money. No big deal, nothing to see here. According to reporting from inside the courthouse, trump literally picked up one his lawyer lori how jada defended defense about the same falsehoods about his wealth that the trump the judge had already rejected. She argued that dirrell is willing to be sold at as much as A Billion Dollars each lets not forget, some of the other guys are pretty easy to disprove. Like lets say the fact that trump claimed his apartment in trump tower was three times the size it actually was. A discrepancy that the judge said, quote, can only be considered fraud. I mean, obviously, all it takes is a tape measure to figure that one out. All of this is a reminder that trump has already lost in the court of law. And he knows it. So instead of putting up a real Legal Defense today, hes using the trial as a spectacle to push his campaign message. Its all the reminder of why the rich and powerful should be above the law. As a new York Attorney general we Letitia James said today donna champ of the defendants have committed persistent and repeated fraud. Last week, we proved that in our motion for summary judgment. Today, we will prove our other claims. My message is simple, no matter how powerful you are, no matter how much money you think you may have, no one is above the law. No one is above the law. Joining me now is tires vance, hes the former Manhattan District Attorney. Spent a lot of time investigating the Trump Organization and brought charges against the company and its cfo. Also with us is prepower, the former u. S. Attorney for the Southern District of new york. I cannot imagine two better people to talk about what happened today. Cyrus, i want to start with you, watching the trial today, and hearing the reporting of it, what did you make of the legal arguments that were made by trumps team . First, let me say, its a pleasure to be on the show with Preet Bharara, my colleague and u. S. Attorney when i was in manhattan and its great to have him here, its about respect a great deal. With respect to today, i think the lawyers are just essentially beating their heads against the wall and hoping that the message somehow resonates either with the Court Of Appeals which i think is where they are looking for rescue, if anywhere. And the court of Public Opinion to trumps own supporters. But i think that in terms of moving their legal case forward or making any headway with the judge, i think it was it fell on deaf ears. So we preet, i know youve said before that the next step might be the Court Of Appeals as your friend here just referred to. This is about how much money while trump will have to pay. How do you think that the judge in the room wouldve heard those arguments today . Let me also say, its an honor to be on your show, jen, and also with my friend and colleague, cyrus vance jr. , who i respect a great deal as well. I think you headed right in the opening. That the lawyers here are relitigating things that have already been decided in what lawyers call a partial summary we judgment motion. Theyre hitting the ball in a serious. Way not only because the judges found that there is liability with respect to one of the counts in the civil complaint, but also in doing so, it made the Fountain Dings and certain statements in the opinion that make clear what the judge thinks of the credibility not only of Donald Trumps lawyers. Repeatedly says that they were filings made and representations made to insurance companies, that the fabrications, this is not an such the valuations of these assets by donald trump and his team, this is a fantasy world, not the real world. So whatever arguments couldve been made are gonna be made but the judge to a judge whos already looking at the parties. Donald trump himself and his lawyers through lens of lack of credibility. I think its an Uphill Battle for them. In some sense, jen, its almost the same argument that the president is trying to make in defense of his condo cases which is, believe me what i was thinking. I thought this was all okay. And with regard, as you mentioned, to his 10,000 foot apartments in manhattan as opposed to the 30,000 foot that he claimed or his valuation of maralago at however many hundreds of millions of dollars because it could be some divided, while not acknowledging that affect those restricted died when he got in there, that he couldnt you could do it with a tape measure. It is truly, its a fantasy world. And i would say that i think that with all the litigation thats going on, the walls are closing in around him and however much bluster that he presents in the courtroom, i think he has to be concerned that his Maneuvering Room is really running out. The Attorney General and her team are obviously treating this like an actual case, right . Even if trumps team was not. And donald bender, trumps former accountant, testified today. Hes someone that youve called before. Trump looked pretty uncomfortable during that moment. Why do you think it would be so upsetting . What does he have that would be upsetting to trump . I wasnt in court today but obviously mr. Bender was an accountant who worked for the Trump Organization. I think testified, if im correct, correct me if im wrong, that he felt like he was misled. And misled significantly. So that he will be crossexamined, hes trying to cover his own mistakes. Itll be all these arguments. But those i dont think well have any way with the judge. As preet said, were. Done maybe hes making a record for the Court Of Appeals. But when you are an accountant or some professional that you worked with for decades and who has an inside knowledge of finances and how business works, when that person basically says i was like to, thats relevant and important. They literally have the receipts. And then some, a lot of paper. But one of the things, preet, that was striking to me today was trumps behavior. Im sure it was striking to all of. As he stood outside the courtroom repeatedly attacking the judge, with aggressive language. He said that he should be disbarred, even charged criminally, it was crazy. I dont ask you for a little set for everybody here, if he was any other defendant, what would happen . He might be sanctioned. This is going on in some of the other cases that are of a criminal nature where theres a request for limiting gag order in one particular matter. At a minimum, hell get admonished. That may still happen. Here is very unusual thing and is on Trial Strategy to sit there, slumped in the courtroom, as you described him, with a sort of dejected look on his face, and with great fanfare go out to the cameras and attacked the very judge whose presiding over your case. Which to me because trump is not stupid. Obviously a lot of people think he, is hes not. Thats to me a concession that theyve already lost with this judge. And hes making record thats already said a couple of times in the Court Of Appeals, but also the court of Public Opinion. And a subset of the court of Public Opinion, the people who are already decided you think you have a shot at being treated fairly or getting the result that you want in the outcome that you want, you dont go out there and talk about the jailing of the judge thats making that decision. And theres a jury. Here he and his lawyers did not ask perjury. It might be different if he did that. But its reprehensible behavior on his part. I dont think it will amount to much, certainly not in the courtroom. This is just starting this trial, i should be clear today. Today was the very first. Day and said that trump would be called to testify closer to the end, which makes sense. Do you think i will start with you cy, if you were to testify manual sitting across from, you what would you say . Hes already taking the fifth in the privilege and connection to the early depositions in the case. So i think that gives you an indication of what he has fought up to now. I think hes also perfectly capable of saying that hes gonna do one thing and then deciding hes not. Weve seen that a few times. And blaming the prosecutor in the judge, as being biased, forcing him again to take the fifth amendment. I would like to hear what preet says. But this part of him that im sure wants to see if he can tell his story and bluster his way through. But i think theres another part, because hes a smart man, that realizes that hes not the wizard of oz. He cant Value Property at 500 times its value and have that be objectively reasonable. In terms of the judges analysis. So it might not surprise you if he says, im, here im going to testify, when he takes the fifth at the end of the trial when its over. Preet, you heard your friend cy vance here, what do you . Think he said that hes eager to testify. What do you think is gonna happen . Hes gonna testify, hes never gonna testify. He says he, as he does this multiple times during the mueller investigation. Hes done it in other matters another unfolding investigations as well. Hes afraid of testifying, he knows what will happen in the court of law. He can filibuster, theres not a bunch of Cameras Microphones where hes dominant or his rally in front of a bunch of supporters. Of course, its different. The other consequence, by the, way to other quick things one, his problem is not that he exaggerates little. Right . The problem is that he lies and exaggerates by a lot. Even the judge in this case, in the Judgment Opinion says look, theres some concession that valuation of properties and assets is not necessarily a science. And you can be off, by 20 , 30 . But not, as i said, 500 times 500 . It does it all the time. He doesnt another parts of his. Life the other consequences, the, way for him not testifying. I dont think he will testify. Is that i predict and expect that when the judge rules an address to trump, one of the bases on which he will do it is say, in a civil, person with a criminal case, he can draw an adverse inference against the party, i get the defended that donald trump in his case because of his refusal to testify based on the fifth amendment. It gives the judge an added ability and appropriateness to fine against donald trump if he doesnt testify. In that, since dawn jumpers dumped if he does, dammed if he doesnt. Cyrus vance jr. , Preet Bharara, so where you. Our any more questions. We have to sneak in a quick break, but ive many questions. We will be right back. An intense Burning Sensation or an unbearable itch. This painful, blistering rash can disrupt your life for weeks. It could make your workday feel impossible. The virus that causes shingles is likely already inside of you. If youre 50 years or older, ask your doctor or pharmacist about shingles. They slept on me for 15 years. The things i saw, the things i collected. I gained 30 pounds in dust, pollen, dander. They had two kids, two cats, and a ferret. All that time, they could have protected me, and themselves, with the number one selling allerease mattress protector. It wouldve been soft, comfortable, and blocked 99. 9 of dust, dirt, and allergens. Allerease, protect your mattress for a clean, healthy nights sleep. Zipping Zipper ooh, queen likes. The behavior that led to donald trump in a manhattan courthouse todays anywhere but. New for us several days its been an open secret that trump inflates the value of his assets. Its kind of a swindler. He lies about his personal and professional. Well as i was watching this unfold today, i kept coming back to questions, first, what took so long to get here . Second, why isnt this a criminal case . For i will bring back my friends who are still here, former Manhattan District Attorney cyrus vance and former u. S. Attorney for the Southern District of new york, Preet Bharara. Obviously, you both have been embedded in this unlike most people. I know, cy, that youve said your successor made a choice. He chose to pursue Stormy Daniels case. Instead of this case. But its not a binary choice i mean, every office can do multiple cases at one time, right . True. And when you are leaving, you had spoken to this, before you had gone pretty far and get the rain but was needed for a criminal case to make the case. True. So are you disappointed that thats not been pursued . Well, i when you leave an office that youre elected to, you its no longer your office. And you have to, i think, acknowledge that theres and respect the fact that someones come in and may not make the same decisions you made. I disagreed with this decision to not support furthering of the evaluation and Economic Crimes investigation and that was just playing out in court today. And perhaps its not over. Perhaps this court, perhaps this trial, will reveal through testimony leads that give my Successor Confidence that whatever concerns he had about whether the case could be proven beyond a reasonable doubt are now over. But i think time has sort of overcome the moment of the Valuation Case that such as it was when i was in the District Attorneys office. Because its now been superseded by two or three federal criminal cases and another case in georgia. All of which are very serious which have the potential of actual significant jail time for the former president. So i dont know what the appetite of my successors two way back into this area. But if you are still there, he wouldve brought the case, it sounds like. Lets just put it this way, i thought that what Justice James has