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Meta to pay Trump $25 million to settle 2021 lawsuit

January 29, 2025
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Meta to pay Trump $25 million to settle 2021 lawsuit
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Tech CEOs donate millions to Trump’s inaugural fund

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President Trump has signed settlement papers that are expected to require Meta Platforms, the parent company of Facebook and Instagram, to pay roughly $25 million to resolve a 2021 lawsuit Trump brought against the social media giant, according to sources familiar with the agreement. 

The lawsuit stemmed from Meta’s suspension of his accounts after the riot at the U.S. Capitol on Jan. 6, 2021. 

The Wall Street Journal first reported the settlement.

This is a developing story and will be updated.

Jennifer Jacobs

Jennifer Jacobs is a senior White House reporter at CBS News.

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