Democratic Senators Warn Paramount's Shari Redstone That Trump Lawsuit Settlement May Violate Federal Bribery Statute
Sen. Elizabeth Warren (D-MA), Sen. Bernie Sanders (I-VT) and Sen. Ron Wyden (D-OR) wrote that 'Paramount appears to be trying to settle a lawsuit that it has assessed as 'completely without merit,' and moderating the content of its programs in order to obtain approval of this merger. Under the federal bribery statute, it is illegal to corruptly give anything of value to public officials to influence an official act. If Paramount officials make these concessions in a quid pro quo arrangement to influence President Trump or other Administration officials, they may be breaking the law.'
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Redstone is non-executive chairwoman of Paramount Global and controlling shareholder.
The senators cite 18 U.S.C. 201, which prohibits giving anything of value to a public official for the purposes of influencing their decisions.
In October, Trump sued CBS over the way that 60 Minutes edited an interview with Kamala Harris. The lawsuit alleges violations of Texas' Deceptive Trade Practices Act, which is typically used by consumers for false advertising claims. A number of legal experts see Trump's lawsuit as meritless, but the litigation comes as CBS-parent Paramount Global seeks Trump administration approval for its merger with Skydance.
Read the senators' letter to Shari Redstone.
The senators also wrote that 'Paramount appears to have begun overseeing CBS's content, presumably in order to screen it for content that could anger the Trump Administration.' That was a reference to the resignation last month of Bill Owens, executive producer of 60 Minutes, over what he said was corporate interference. The lawmakers also noted the pending departure of Wendy McMahon, the CEO of CBS News and Stations, who announced her resignation on Monday, saying that 'it's become clear that the company and I do not agree on the path forward.'
'Paramount's scheme to curry favor with the Trump Administration has compromised journalistic independence and raises serious concerns of corruption and improper conduct,' the senators wrote.
The lawmakers went on to ask Redstone to respond to a series of questions about the potential settlement, including, 'Has 60 Minutes made changes to its content at the request of anyone at Paramount to facilitate approval of the merger?'
A Paramount Global spokesperson did not immediately return a request for comment. The Wall Street Journal first reported on the letter. A spokesperson told the Journal that Redstone has recused herself from the settlement talks.
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Yahoo
33 minutes ago
- Yahoo
Powell says the Fed would have cut rates this year if it weren't for tariffs
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Forbes
35 minutes ago
- Forbes
Here's What The Senate Budget And Tax Bill Means For Colleges
The "big, beautiful bill" is now back in the House, which will reconvene to take up the Senate-passed version Wednesday morning. Getty Images The Senate on Tuesday passed its version of President Trump's 'big, beautiful' tax and budget bill by a 51-50 vote, with Vice President JD Vance breaking the tie. The 940-page bill, which now returns to the House for final approval, contains a number of provisions related to higher education that seem likely to weaken nonprofit colleges' finances, while making it more difficult for students to access financial aid and student loans. Although some House Republicans are complaining about Senate changes from the bill they passed back in May, the betting is that under pressure from Trump, they'll accept the Senate's version. 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The final, Senate-approved version of H.R. 1 includes the workforce Pell proposal with one notable change: unaccredited institutions would not be allowed to receive Pell grant money. The workforce Pell grant program would expand Pell grant access to students in short-term, eight to 15-week workforce training programs, even if they don't lead to a formal degree or credential. Eligibility for the workforce Pell would be the same as the regular Pell grant—students must demonstrate 'exceptional financial need,' which, for most recipients, is a household income of $60,000 or less each year. Students with any credentials beyond an undergraduate degree would not be eligible. According to the proposal, students would not be able to receive both a workforce Pell grant and a regular Pell grant, and the workforce Pell would contribute to a student's lifetime Pell grant maximum, which is typically about six years of coursework. 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More From Forbes Forbes Revised Bill Gutting Student Loan Programs Passes Senate — Here's What It Does By Adam S. Minsky Forbes The 36 Colleges Most At Risk From Pell Grant Cuts By Fiona Riley Forbes Senate Passes Trump's Megabill: Here's What's In And Out By Sara Dorn


The Hill
40 minutes ago
- The Hill
Judge blocks Trump effort to dismantle African development agency
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