Trump says CBS has paid its $16 million settlement in '60 Minutes' lawsuit

President Donald Trump on Tuesday announced that CBS News and its parent company Paramount Global has paid its $16 million settlement that officially closes out the administration's "60 Minutes" lawsuit. 

Trump sued the network for $10 billion in October after CBS News allegedly deceptively edited a "60 Minutes" interview with then-Vice President Kamala Harris, who was also the Democratic Party nominee for president at the time. 

The settlement was reached earlier this month, which includes "plaintiffs’ fees and costs,” and will be allocated to Trump’s future presidential library, rather than being paid to the commander-in-chief directly. 

"We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes, CBS, and Paramount," Trump posted to Truth Social on Tuesday. "Just like ABC and George Slopadopoulos, CBS and its Corporate Owners knew that they defrauded the American People, and were desperate to settle. Paramount/CBS/60 Minutes have today paid $16 Million Dollars in settlement, and we also anticipate receiving $20 Million Dollars more from the new Owners, in Advertising, PSAs, or similar Programming, for a total of over $36 Million Dollars. 

"This is another in a long line of VICTORIES over the Fake News Media, who we are holding to account for their widespread fraud and deceit," he continued. "The Wall Street Journal, The Failing New York Times, The Washington Post, MSDNC, CNN, and all other Mainstream Media Liars, are ON NOTICE that the days of them being allowed to deceive the American People are OVER."

The settlement is similar to another deal Trump reached with Disney’s ABC in December 2024. The president has also sued the Wall Street Journal over its publication of a "fake" story the outlet published about a birthday card it claimed he had sent to the late financier Jeffrey Epstein for his 50th birthday.

The settlement does not include an admission of deceptive editing, an apology, or a statement of regret.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.