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Late-night comedian Stephen Colbert has ended his 11-year run as host of The Late Show on CBS. His program's cancellation removes one of President Trump's most vocal critics from the airwaves and comes after the comedian criticized his own employer for agreeing to pay $16 million to settle a lawsuit brought by President Trump. The settlement came as CBS parent company Paramount was seeking the Trump administration's approval for a merger with Skydance, which the Trump administration approved just one week after CBS announced Colbert's ouster. Trump's FCC Chair Brendan Carr has openly gloated about the administration's attacks on critics in the media and the defunding of outlets like PBS and NPR, which no longer receive federal money. Meanwhile, Paramount Skydance is seeking another megamerger with Warner Bros. Discovery, which would further concentrate media control in the hands of the billionaire Ellison family that has a long history of supporting Trump.
"We see this over and over again, where the Trump administration is weaponizing its power over mergers to try to get what it wants in the media space," says David Sirota, editor-in-chief of The Lever and host of the Master Plan podcast.
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The economic backdrop that Kevin M. Warsh inherits as chair of the Federal Reserve does not call for the interest rate cuts that President Trump wants.
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House Republican leaders abruptly scrapped a planned vote on a measure to direct President Trump to end the conflict or win authorization for it, amid party defections and absences.
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President Trump faced a wall of opposition from Senate G.O.P. lawmakers, in part over his plan to create a $1.8 billion fund to reward his allies.
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Industry leaders warned in last-minute calls to the president that the proposed safety vetting system could inhibit development of the pivotal technology.
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In the latest escalation of the decadeslong U.S. pressure campaign against Cuba's communist government, the Trump administration is expected to unseal an indictment against Raúl Castro, the 94-year-old former president of Cuba, later today. The charges stem from the 1996 shootdown of four pilots with Brothers to the Rescue, the U.S.-based anti-Castro organization formed by Cuban exiles and dissidents. Peter Kornbluh, a Cuba specialist at the National Security Archive, says that the indictment will send "a clear warning" to Cuban leaders and provide justification for a possible future attempt to capture or assassinate Castro. "Military options are on the table and coming soon," says Kornbluh. "It is absolutely clear that the U.S. military is preparing contingency operations in case Trump's impatience runs out because Cuba has not met his imperial demands fast enough."
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