Paramount agrees to settle Trump lawsuit for $16 million over "60 Minutes" interview

President Trump's lawsuit against Paramount over edits to a "60 Minutes" interview appears to be resolved after the media giant announced Tuesday night an "in principle" agreement to pay $16 million to settle the legal dispute.The big picture: Trump filed the suit against the parent company of CBS News over the editing of a "60 Minutes" interview with his 2024 election rival, former Vice President Harris.What they're saying: "No amount will be paid directly or indirectly" to the president or fellow plaintiff Rep. Ronny Jackson (R-Texas) under the agreement, but it will go toward Trump's future presidential library, per an emailed statement from Paramount Global late Tuesday."The settlement does not include a statement of apology or regret," per the statement. Representatives for the White House did not immediately respond to Axios' request for comment in the evening.Editor's note: This is a breaking news story. Please check back for updates.

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