Trump Ratchets Up Threats on the Media

Published On Oct 21, 2024, 3:00 AM

The article discusses former President Donald Trump's repeated threats to revoke broadcast licenses from major news networks like CBS and ABC due to their coverage of him and Vice President Kamala Harris. Trump has accused these networks of bias, particularly after their handling of a debate and a ‘60 Minutes’ interview with Harris. Despite his aggressive remarks, CBS has defended its editing practices, stating they are consistent and truthful.

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Stock Forecasts

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Investors might want to consider the potential impact on media stocks as political tensions increase. The uncertain regulatory environment stemming from Trump's threats may hinder the performance of media companies in the short term.

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