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Stock impact report

Trump, CBS parent company set for mediation in $20 billion '60 Minutes' lawsuit [FOX News]

Paramount Global - Class A (PARAA) 
Company Research Source: FOX News
CBS' parent company, Paramount Global, and President Donald Trump are set to begin mediation in his $20 billion election interference lawsuit, Fox News Digital has confirmed. Trump is seeking $20 billion in a lawsuit against CBS, alleging election interference over its handling of a "60 Minutes" interview last year with Vice President Kamala Harris. The president has accused CBS of aiding his 2024 Democratic opponent through deceptive editing one month before they faced off in the presidential election. The saga began when Harris was widely mocked for a "word salad" answer she gave to "60 Minutes" correspondent Bill Whitaker during a preview of the interview on "Face the Nation," and CBS then aired a different answer to the same question during a primetime special. The upcoming mediation, which was first reported by The New York Times , is designed to help the sides reach a settlement. "President Trump is committed to holding those who traffic in fake news, hoaxes, and lies t Show less Read more
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