In a notable legal resolution, ABC News has agreed to pay $15 million to settle a defamation lawsuit filed by President-elect Donald Trump. The settlement stems from a dispute involving inaccurate statements made by ABC anchor George Stephanopoulos during a televised interview.
According to the terms disclosed on December 14, 2024, the settlement amount will be allocated to a presidential foundation and museum associated with Trump. An additional $1 million will be paid to Trump’s legal team for counsel fees.