• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsDonald Trump

New York jury hears tape of Trump and Michael Cohen debating how to buy Playboy model’s silence: ‘What do we got to pay for this? One-fifty?’

By
Michael R. Sisak
Michael R. Sisak
,
Jake Offenhartz
Jake Offenhartz
,
Philip Marcelo
Philip Marcelo
,
Alanna Durkin Richer
Alanna Durkin Richer
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Michael R. Sisak
Michael R. Sisak
,
Jake Offenhartz
Jake Offenhartz
,
Philip Marcelo
Philip Marcelo
,
Alanna Durkin Richer
Alanna Durkin Richer
and
The Associated Press
The Associated Press
Down Arrow Button Icon
May 3, 2024, 7:53 AM ET
Former President Donald Trump awaits the start of proceedings for his trial at the Manhattan criminal court, on May 2, 2024, in New York.
Former President Donald Trump awaits the start of proceedings for his trial at the Manhattan criminal court, on May 2, 2024, in New York. Doug Mills—The New York Times via AP

The prosecution’s star witness has yet to take the stand in Donald Trump’s hush money trial. But jurors are already hearing Michael Cohen’s words as prosecutors work to directly tie Trump to payments to silence women with damaging claims about him before the 2016 election.

Recommended Video

The second week of testimony in the case will wrap up Friday after jurors heard a potentially crucial piece of evidence: a recording of Trump and Cohen, then his attorney, discussing a plan to pay off an ex-Playboy model who claimed to have an affair with Trump. The former president denies the affair.

Prosecutors have spent the week using detailed testimony about meetings, email exchanges, business transactions and bank accounts to build on the foundation of their case accusing the presumptive Republican presidential nominee of a scheme to illegally influence the 2016 election. They are setting the stage for pivotal testimony from Cohen, who paid porn actor Stormy Daniels $130,000 for her silence before he went to prison for the hush money scheme.

Trump’s defense has worked to poke holes in the credibility of prosecutors’ witnesses, and show that Trump was trying to protect his reputation and family — not his campaign — by keeping the women quiet. The defense also suggested while questioning an attorney who represented two women in hush money negotiations that Trump was, in fact, the victim of extortion.

The recording played Thursday was secretly made by Cohen shortly before the 2016 election. Cohen is heard telling Trump about a plan to purchase the rights to former Playboy model Karen McDougal’s story from the National Enquirer so that it would never come out. The tabloid had previously bought McDougal’s story to bury it on Trump’s behalf.

At one point in the recording, Cohen revealed that he had spoken to then-Trump Organization Chief Financial Officer Allen Weisselberg about “how to set the whole thing up with funding.”

Trump can be heard responding: “What do we got to pay for this? One-fifty?”

Trump suggested the payment be made with cash, prompting Cohen to object by repeatedly saying “no.” Trump then says “check” before the recording cuts off.

Prosecutors played the recording after calling to the stand Douglas Daus, a forensic analyst from the Manhattan district attorney’s office who performed analyses on iPhones Cohen turned over to authorities during the investigation. Daus will return to the stand Friday morning, and it’s not clear who will follow him.

Jurors also heard more than six hours of crucial testimony this week from Keith Davidson, a lawyer who represented McDougal and Daniels in their negotiations with Cohen and the National Enquirer — the tabloid that bought and buried negative stories in an industry practice known as “catch-and-kill.” Davidson on Thursday described being shocked that his hidden-hand efforts might have contributed to Trump winning the 2016 election.

“What have we done?” Davidson texted the then-editor of the National Enquirer on election night when it became clear that Trump was going to win. “Oh my god,” the tabloid editor responded.

“There was an understanding that our efforts may have in some way — strike that — our activities may have in some way assisted the presidential campaign of Donald Trump,” Davidson told jurors.

Trump’s lawyers sought earlier in the day to blunt the potential harm of Davidson’s testimony by getting him to acknowledge that he never had any interactions with Trump — only Cohen. In fact, Davidson said, he had never been in the same room as Trump until his testimony.

“I had no personal interactions with Donald Trump. It either came from my clients, Mr. Cohen or some other source, but certainly not him,” Davidson said.

Trump is charged with 34 counts of falsifying internal Trump Organization business records. The charges stem from things like invoices and checks that were deemed legal expenses in Trump Organization records when prosecutors say they were really reimbursements to Cohen for the $130,000 hush money payment to Daniels.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Michael R. Sisak
See full bioRight Arrow Button Icon
By Jake Offenhartz
See full bioRight Arrow Button Icon
By Philip Marcelo
See full bioRight Arrow Button Icon
By Alanna Durkin Richer
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Politics

dairy
HealthFood and drink
How the new protein and dairy diet flies in the face of modern guidelines, according to a nutritionist who served on the advisory board until 2024
By Cristina Palacios and The ConversationJanuary 9, 2026
8 hours ago
ICE
LawMinnesota
Most police forces banned shooting at moving vehicles decades ago, and Biden asked ICE to do it in 2022. So why isn’t it policy?
By Ben Jones and The ConversationJanuary 9, 2026
8 hours ago
PALM BEACH, FLORIDA - DECEMBER 28: U.S. President Donald Trump listens during a press conference with Ukrainian President Volodymyr Zelensky following their meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida. Trump invited Zelensky to his private club to work on the U.S.-proposed peace plan to end the war in Ukraine, as the conflict approaches four years since the sudden full-scale invasion by Russia on February 24, 2022. (Photo by Joe Raedle/Getty Images)
PoliticsU.S. jobs report
White House says it’s ‘reviewing protocols’ after Trump seemingly violated federal policy by disclosing jobs data early
By Eva RoytburgJanuary 9, 2026
8 hours ago
bessent
EconomyArgentina
Argentina has repaid its $20 billion credit line from Trump administration, Scott Bessent says
By The Associated PressJanuary 9, 2026
9 hours ago
maduro escorted by federal agents
CryptoVenezuela
Rumors are swirling about Venezuela holding $60 billion in Bitcoin—but crypto experts are skeptical
By Carlos GarciaJanuary 9, 2026
10 hours ago
Economycopper
The future depends on copper, but a coming shortage makes it a ‘systemic risk’ to the economy and a strategic flashpoint, S&P Global warns
By Jason MaJanuary 9, 2026
11 hours ago

Most Popular

placeholder alt text
North America
Bill Gates warns the world is going 'backwards' and gives 5-year deadline before we enter a new Dark Age
By Eleanor PringleJanuary 9, 2026
14 hours ago
placeholder alt text
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighJanuary 8, 2026
1 day ago
placeholder alt text
Workplace Culture
Amazon demands proof of productivity from employees, asking for list of accomplishments
By Jake AngeloJanuary 8, 2026
1 day ago
placeholder alt text
Crypto
Russia and Iran are increasingly turning to crypto—especially stablecoins—to avoid sanctions, report finds
By Carlos GarciaJanuary 8, 2026
2 days ago
placeholder alt text
Politics
White House says it's 'reviewing protocols' after Trump seemingly violated federal policy by disclosing jobs data early
By Eva RoytburgJanuary 9, 2026
8 hours ago
placeholder alt text
Real Estate
Google billionaire Larry Page copies the Jeff Bezos playbook, buying a $173 million Miami compound that will save him millions in taxes
By Nick LichtenbergJanuary 8, 2026
1 day ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.