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Illustration: Axios Visuals

During the second day of Paul Manafort's trial, an executive and a manager of luxury menswear stores testified that Manafort spent hundreds of thousands of dollars on clothing, regularly paying with wire transfers from foreign bank accounts, according to the Washington Post.

Why it matters: Paul Manafort is facing charges of tax and bank fraud — specifically laundering $30 million in income, secretly keeping money in offshore accounts, acting as a foreign agent during his work with Ukraine, obstruction of justice and making false statements.

Other key takeaways:

  • 10:26 a.m. Daniel Rabin, who also worked with Gates and Manafort, testified about their work creating political ads and aiding campaigns in Ukraine.
  • 3:01 p.m. Ronald Wall, the Chief Financial Officer of House of Bijan in Beverly Hills, tallied up a two year bill for Manafort of $334,000. All of Manafort's purchases at House of Bijan were made via wire transfers, according to Wall's testimony, which he noted was unusual.
  • 3:27 p.m. The prosecution is ahead of schedule, and told Judge T. S. Ellis that they could be done presenting their case next week. They went on to suggest Rick Gates — a close business partner who has also faced charges from Mueller — may not end up testifying. The trial was originally expected to last three weeks.

Manafort made other large purchases via wire transfer as well that the prosecution team honed in on.

  • He helped his daughter purchase a $1.9 million home in an all-cash transaction via a wire transfer according to testimony from the real estate agent they worked with.
  • A salesman at Mercedes Benz testified that Manafort's wife purchased a new SL550 in 2012 via a wire transfer from Lucicle Consultants Ltd. that cost $124,000.

The big picture: Manafort's trial is the first of special counsel Robert Mueller's investigation into the Trump Campaign and potential ties to Russia. Though Mueller's team likely won't make any reference to "Russians" or "collusion," it is expected the team will instead focus on alleged financial crimes by Manafort.

Go deeper with the highlights from day 1.

Go deeper

13 mins ago - World

U.S. airstrike kills senior al-Qaeda leader in Syria, DOD says

A displacement camp near the village of Qah in Syria's northwestern Idlib province. Photo: Ahmad Al-Atrash/AFP via Getty Images

A U.S. airstrike in northwest Syria on Friday killed senior al-Qaeda leader Abdul Hamid al-Matar, U.S. Central Command said in a statement.

What they're saying: "The removal of this al-Qaeda senior leader will disrupt the terrorist organization’s ability to further plot and carry out global attacks threatening U.S. citizens, our partners, and innocent civilians," U.S. Army Maj. John Rigsbee said in the statement.

Updated 5 hours ago - Politics & Policy

Giuliani associate Lev Parnas convicted of campaign finance crimes

Lev Parnas, a former associate of then-President Donald Trump’s personal lawyer Rudy Giuliani. Photo: Stefani Reynolds/Bloomberg via Getty Images

Florida businessman Lev Parnas was convicted Friday on charges of conspiracy to make foreign contributions to political campaigns, according to multiple outlets.

Why it matters: Prosecutors said Parnas, then an associate of former President Donald Trump's personal lawyer Rudy Giuliani, funneled over $150,000 from a Russian businessman into U.S. campaigns as part of an effort to land licenses in the U.S.'s legal cannabis industry.

Supreme Court agrees to hear challenges to Texas abortion law

Photo: Saul Loeb/AFP via Getty Images

The Supreme Court on Friday agreed to hear two cases challenging Texas' abortion law, which bans the procedure as soon as six weeks into pregnancy, but left the law in place in the meantime.

Why it matters: The court is moving extraordinarily fast on the Texas cases, compressing into just a few days a process that normally takes months. And that schedule means the court will take up Texas' ban a month before it hears another major abortion case — a challenge to Mississippi's own 2018 ban on abortions after 15 weeks.