Trump's Hush Money Sentencing: A Historic First

<img src="https://image.cnbcfm.com/api/v1/image/107413956-17156079862024-05-13t133551z_1062838131_rc2pp7ab2yz5_rtrmadp_0_usa-trump-new-york.jpeg?v=1715608016&amp;w=1858&amp;h=1045&amp;vtcrop=y" alt="Former U.S. President Donald Trump attends his trial for allegedly covering up hush money payments.">

President-elect Donald Trump will be sentenced in his New York hush money case on Friday. This makes him the first criminal convict to ever occupy the Oval Office. The sentencing comes just ten days before his inauguration for a second term.

Despite a guilty verdict on 34 felony counts of falsifying business records related to a $130,000 hush money payment made to adult film star Stormy Daniels, Trump is expected to receive no jail time, probation, or fines. The Supreme Court rejected his last-minute attempt to halt the proceedings.

The case centers around payments made to silence Daniels about an alleged affair with Trump, which he denies. The sentencing will formally mark a pivotal moment in US political history.

The hearing follows a day after Trump and his wife attended former President Jimmy Carter's funeral. While the court considered the potential impact on his presidential duties, they concluded the burden would be "relatively insubstantial."

Trump's legal team continues to argue for presidential immunity from prosecution, a claim repeatedly rejected by the courts because the actions occurred before his presidency.

This is a developing story and will be updated accordingly.