Elizabeth Warren Calls for Bribery Investigation Into Paramount-Trump Settlement as Blowback Widens

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On Wednesday morning, the settlement between Paramount Global and President Trump faced criticism from Democratic politicians and regulatory bodies.

Senator Elizabeth Warren has called for an examination into the agreement reached, and announced her intention to present fresh legislation shortly to curb corruption involving presidential library contributions.

Simultaneously folding to Donald Trump and requiring his administration’s approval for a billion-dollar merger, Paramount’s actions could be seen as blatant bribery,” Warren stated. “Since Paramount has failed to respond to a congressional inquiry, I am demanding a thorough investigation to determine if any laws against bribery were potentially violated.

Furthermore, Democratic Commissioner Anna Gomez issued a statement urging the Broadcast Regulator, led by Brendan Carr, to schedule a vote of all commission members regarding the ongoing Paramount-Skydance merger.

Gomez stated that this situation sets a concerning precedent for the First Amendment, which should worry anyone who appreciates a vigorous and autonomous media. If this transaction is approved in secret, it would be a disgraceful outcome that denies the public the openness and responsibility they are entitled to, particularly when press freedom is at risk.

In this agreement between Paramount and Trump, the media company is set to pay a total of $16 million; $15 million will go towards a future presidential library, while $1 million covers legal expenses. However, it’s important to note that no apology is part of this settlement. Furthermore, as per the terms of the agreement, 60 Minutes is obligated to withhold any future transcripts involving presidential candidates.

As a devoted fan, I’d like to clarify something: I understand Paramount’s earlier statement that this ongoing lawsuit has no connection with the Skydance transaction or the Federal Communications Commission (FCC) approval process. They’ve made it clear they will follow due legal proceedings to uphold their stance in court.

Despite the ongoing license transfer at the FCC, concerns have been raised, particularly by Democratic members of Congress and external groups. They argue that if the FCC approves the deal following a settlement, executives from Paramount could potentially face anti-bribery regulations. This settlement is comparable in magnitude to one previously made by Disney regarding an ABC News broadcast.

Within CBS News, employees felt a mix of apprehension and relief upon reaching a settlement. They were angered by the precedent it established, yet grateful to no longer have it looming over their professional duties.

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2025-07-02 18:54