Steve Bannon pleads guilty in "We Build the Wall" donor fraud case in New York

Steve Bannon pleaded guilty to a state charge on Tuesday for his role in a plot to defraud donors to a nonprofit devoted to building a wall on the country's southern border.

Bannon won't serve time behind bars under the plea agreement, which was laid out during a hearing in a New York courtroom on Tuesday. In exchange for pleading guilty to one count of scheming to defraud in the first degree, he received a sentence of conditional discharge of three years. He also agreed not to serve as the director of or fundraise for any nonprofit in New York.

The plea brings to an end a matter that began during President Trump's first administration, just as Mr. Trump has vowed again to beef up border barriers in the early days of his new presidency.