ABC settles Trump’s defamation suit for $15M

ABC News and anchor George Stephanopoulos agreed to settle a defamation suit brought by President-elect Trump by issuing a public apology and providing $15 million to fund Trump’s future presidential library, according to court documents filed Saturday. 

The settlement enables both the anchor and Trump to avoid sitting for court-ordered depositions next week. 

Trump sued the network and the anchor in March after Stephanopoulos repeatedly said during a “This Week” interview that a jury found Trump “liable for rape” in a lawsuit brought by advice columnist E. Jean Carroll. The jury had found Trump liable for sexual abuse under New York law, but not rape.  

Under the settlement agreement, the network will put the $15 million in escrow to ultimately be used toward Trump’s future presidential library and foundation. ABC also agreed to pay $1 million in attorneys’ fees and add an editors’ note to the bottom of the relevant article, court documents show.