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CBS Axes Colbert After “Fat Bribe” Trump Settlement Comment

5/20/2026

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Story summary
  • CBS cancelled Stephen Colbert after he called a $16 million settlement with President Donald Trump a “fat bribe.”
  • Paramount paid $16 million to President Donald Trump for his presidential library after a 2024 lawsuit over a 60 Minutes edit.
  • Jon Stewart appeared on the final episode and warned voters they will repudiate President Donald Trump administration.
  • CBS named Byron Allen to replace Colbert with two Comics Unleashed shows promising apolitical content.