Trump Action Archive

Supporting reports

• US Treasury Department demands Financial Times retraction of Federal Reserve oversight story — On Friday, 28 March, the US Treasury Department issued a formal complaint to the Financial Times and its parent company Nikkei Inc., demanding retraction of a 26 March article reporting that Treasury Secretary Scott Bessent had discussed increasing oversight of the Federal Reserve modeled on the Bank of England system. Treasury officials, via acting assistant secretary Elliott Hulse, denied Bessent made any such statements publicly or privately and accused the FT of publishing "false claims" and a misleading headline. The FT stood by its reporting and included Treasury responses in the article.

Supporting reports

• Paramount Skydance owner Larry Ellison personally guaranteed $40 billion in financing for Warner Bros. Discovery takeover — Billionaire Larry Ellison, father of David Ellison (owner of Paramount Skydance), personally guaranteed that he would stand behind more than $40 billion in financing required for Paramount Skydance's attempted hostile takeover of Warner Bros. Discovery, which owns CNN. This development follows Paramount Skydance's acquisition of Bari Weiss's opinion website Free Press for $150 million in October, after which Weiss became editor-in-chief of CBS News.

Supporting reports

• Nexstar seeks FCC waiver for $6.2 billion Tegna acquisition — Nexstar is seeking FCC approval for a $6.2 billion acquisition of Tegna, a media company that owns local television affiliates. The transaction requires the FCC to waive its rule prohibiting a single company from owning broadcast stations that collectively reach more than 39% of the country. The article suggests that Nexstar's willingness to suppress Kimmel's programming may be connected to its regulatory interests before the FCC, which must approve the acquisition.

Supporting reports

• Sinclair demanded Kimmel make donation to Kirk family and Turning Point USA as condition for reinstatement — Sinclair Broadcast Group stated it would not consider airing "Jimmy Kimmel Live!" unless and until host Jimmy Kimmel makes "a meaningful personal donation to the Kirk Family and Turning Point USA," Kirk's right-wing political advocacy group. The demand effectively conditions Kimmel's return to air on a financial payment to a political organization, creating a direct link between editorial suppression and financial extraction.
• Sinclair conditions Kimmel's return on personal apology and donations to right-wing organization — Sinclair Broadcasting stated it would not consider airing Kimmel's show until the host personally apologized and made donations to both the Kirk family and Turning Point USA, a right-wing organizing group founded by Charlie Kirk. The article notes that David Smith, Sinclair's executive director, donated $250,000 to Turning Point USA the previous year, raising questions about the company's financial and ideological alignment with the organization whose support it demanded from Kimmel.

Supporting reports

• FCC approved Skydance-Paramount merger — The FCC voted to approve the merger of Skydance Media and Paramount Global. This approval came less than a day after Paramount fired Stephen Colbert and settled lawsuits with Trump, according to the bulletin's reporting.
• Skydance Media agrees to eliminate civil rights and DEI programs as condition of FCC merger approval — To obtain Federal Communications Commission approval of an $8 billion merger between CBS parent company Paramount and Skydance Media, Skydance agreed to eliminate programs related to civil rights, diversity, equity, and inclusion, and to produce "unbiased" journalism. FCC Chair Brendan Carr approved the merger and subsequently bragged on right-wing media that CBS agreed to install an internal political "bias monitor" reporting to Paramount's president to ensure news coverage favorable to Trump and the right wing.
• FCC approves Paramount and Skydance Media merger — The Federal Communications Commission (FCC) approved the merger between Paramount Global and Skydance Media, which is valued at $8 billion. This approval comes after Skydance Media promised to eliminate Paramount's diversity, equity, and inclusion practices and to address perceived bias at CBS News to gain support from the administration. The merger is significant as it reflects the influence of political considerations on corporate practices in media.
• FCC approved Paramount-Skydance merger — The Federal Communications Commission approved the $8 billion merger between Paramount Global and Skydance Media on July 25, 2025, after Skydance committed to eliminating Paramount's diversity, equity, and inclusion practices and addressing alleged bias at CBS News.
• Skydance Media promised to eliminate diversity and inclusion practices at Paramount to secure FCC merger approval — Skydance Media, in merger negotiations with Paramount Global requiring Federal Communications Commission approval, publicly committed to eliminating Paramount's diversity, equity, and inclusion (DEI) practices and rooting out alleged "bias" at CBS News. The commitment was made to win administration support for the $8 billion merger. The FCC approved the merger the same day.