Overview

• Scott Pelley, a '60 Minutes' correspondent, delivered a viral commencement speech at Wake Forest University, accusing the Trump administration of undermining press freedom, diversity, and the rule of law.
• The speech comes as CBS News faces a $20 billion lawsuit filed by Trump, alleging deceptive editing of a Kamala Harris interview during the 2024 election.
• Pelley highlighted the Trump administration's broader actions against universities and diversity, equity, and inclusion (DEI) programs, calling them part of a long-standing strategy to reshape societal norms.
• Recent executive resignations at CBS News include Wendy McMahon, who cited disagreements over the company's direction, and Bill Owens, who resigned over concerns about journalistic independence.
• Paramount Global, CBS's parent company, is reportedly considering settling the lawsuit as it pursues a merger with Skydance Media, which requires FCC approval.