Settlement from ABC News Copy link

His 2025 financial disclosure lists a $16,000,000 settlement from American Broadcasting Companies of his defamation suit against ABC News and George Stephanopoulos, with net proceeds paid to his presidential library foundation.

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The New Republic reported the ABC settlement as $15 million. The filing says the net proceeds were paid to The Donald J. Trump Presidential Library Foundation. Lawmakers led by Sen. Elizabeth Warren say they cannot trace where the library settlement money went, The New Republic reported. Counted as a donation to a foundation he controls, not as income, because the proceeds went to the library foundation.

• RecordU.S. Office of Government Ethics · Donald J. Trump, annual financial disclosure (OGE Form 278e) for 2025 · 30 Jun 2026
• ReportThe New Republic · Trump library saga takes dark turn: where did millions in funding go? · 20 Apr 2026 · Archived