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Trump Secures Another Victory: ABC to Pay $15 Million to His Presidential Library for Defamation

Monday, December 16, 2024 by Henry Cruz

Trump Secures Another Victory: ABC to Pay $15 Million to His Presidential Library for Defamation
Donald Trump - Image by © Flickr/Gage Skidmore

In a legal resolution favoring Donald Trump, television network ABC has agreed to a $15 million settlement designated for a presidential foundation and a forthcoming museum honoring him. According to the Associated Press, this agreement concludes a legal dispute in which the future U.S. president accused anchor George Stephanopoulos and ABC News of defamation during a March broadcast interview.

The controversy arose when Stephanopoulos, in a discussion with Congresswoman Nancy Mace, claimed that Trump had been "found liable for rape by a jury." However, the jury in the civil case involving E. Jean Carroll determined that Trump was accountable for sexual abuse, not rape.

Trump's legal team labeled Stephanopoulos's comments as "false and defamatory," leading to a lawsuit against him and ABC News. Aside from the financial compensation, the agreement includes a provision for ABC and Stephanopoulos to pay $1 million to Trump's legal team and issue a clarifying note in the article related to the interview, expressing regret for the statements made.

A spokesperson for ABC News confirmed the settlement in a statement, expressing satisfaction with the resolution reached. Meanwhile, Trump's communications director, Steven Cheung, referenced the case details presented in court without further comment.

The dispute had escalated to the point where a judge ordered both Trump and Stephanopoulos to be available for testimony the following week. However, the agreement prevents this stage of the legal proceedings.

This outcome not only strengthens Trump's position against his critics but also provides substantial financial support for his presidential foundation and museum project, reinforcing his legacy amidst a politically and media-charged environment.

Following his electoral victory on November 5, the business magnate and leader of the Republican Party will return to the White House.

Key Details on the ABC Settlement with Trump

What led to ABC's settlement with Donald Trump?

ABC reached a settlement with Trump following a defamation lawsuit related to statements made by George Stephanopoulos during a March interview. The comments inaccurately suggested that Trump was found liable for rape, although the jury determined responsibility for sexual abuse.

What does the settlement entail for ABC and Stephanopoulos?

As part of the settlement, ABC and Stephanopoulos will compensate Trump with $15 million for his presidential foundation and museum project. Additionally, they will pay $1 million to Trump's legal team and issue a clarifying note regarding the interview statements.

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