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    Trump and Paramount Seek Mediator for CBS News Lawsuit

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    The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.Lawyers for Paramount and President Trump have agreed to appoint a mediator in his $20 billion lawsuit against CBS, according to two people with knowledge of the decision.The move to bring in a mediator is another indicator that the two sides are trying to resolve the case, over the editing of a “60 Minutes” interview with Vice President Kamala Harris, out of court. A mediator could help them reach a settlement, but whether they will do so remains far from certain.Paramount declined to comment. Ed Paltzik, a lawyer for Mr. Trump, said in a statement: “President Trump will pursue this vital matter to its just and rightful conclusion.”Mr. Trump sued CBS days before the 2024 election, accusing the company of deceptively editing the interview with his Democratic opponent. He later amended the suit to include Paramount as a separate defendant.Paramount, CBS’s parent company, began settlement talks with Mr. Trump this year. Those talks have created discord at Paramount, with employees at CBS News strongly opposed to any settlement. Bill Owens, the executive producer of “60 Minutes,” told the show’s staff this month that he would not apologize as part of any prospective settlement after The New York Times reported that the settlement talks with Mr. Trump were underway.The lawsuit has complicated Paramount’s merger with Skydance, a deal that would unite an up-and-coming media start-up backed by the tech mogul Larry Ellison with the gilded Hollywood studio behind “The Godfather” and “Rosemary’s Baby.” The multibillion-dollar deal, struck last year, would end the Redstone family’s decades-long run atop Paramount and anoint Mr. Ellison and his son, David, in their stead.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Kamala Harris’s ’60 Minutes’ Interview: Seven Takeaways

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      Vice President Kamala Harris sat for an interview with “60 Minutes” that was broadcast on Monday night and, in a departure from some of her recent appearances on cable news and podcasts, she was repeatedly pressed on questions she did not initially answer.During a sit-down with the show’s correspondent Bill Whitaker, Ms. Harris did not reveal new domestic policy proposals or share how she would pay for some of those she has already put forward. But she did expound on her views about two foreign leaders causing enormous headaches for President Biden’s administration: Benjamin Netanyahu, the Israeli prime minister, and Vladimir V. Putin, the Russian president.Less than a month before Election Day, Ms. Harris’s interview with CBS’s “60 Minutes” — the longstanding most-watched news program on television — came at a moment of increased exposure and pressure. She is set to appear on three major shows on Tuesday and at a Univision town-hall event on Thursday that is aimed at Spanish-speaking viewers.Here are seven takeaways from Ms. Harris’s appearance on “60 Minutes,” which also interviewed her running mate, Gov. Tim Walz of Minnesota.Harris was in control of her message, but avoided repeated pushback.From the opening seconds, Ms. Harris seemed calm and in command of the points she wanted to make — and she did not stray from them despite repeated follow-up questions. She avoided pushback when asked to detail how to end the yearlong war between Israel and Hamas in Gaza. And she declined repeatedly to say whether the Biden-Harris administration should have acted earlier to restrict illegal immigration into the United States.When Mr. Whitaker asked her if the administration had lost all sway over Mr. Netanyahu, Ms. Harris said, “The work that we do diplomatically with the leadership of Israel is an ongoing pursuit around making clear our principles.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates

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      Federal Reserve officials are debating when to lower rates. An interview with Jerome H. Powell confirms a move is coming, but not immediately.Jerome H. Powell, the chair of the Federal Reserve, made clear during a “60 Minutes” interview aired on Sunday night that the central bank is moving toward cutting interest rates as inflation recedes, but that policymakers need to see continued progress toward cooler price increases to make the first move.Mr. Powell was interviewed on Thursday, after the Fed’s meeting last week but before Friday’s blockbuster jobs report. He reiterated his message that lower borrowing costs are coming. But he also said that the Fed’s next meeting in March is probably too early for policymakers to feel sure enough that inflation is coming under control to reduce rates.“We think we can be careful in approaching this decision just because of the strength that we’re seeing in the economy,” Mr. Powell said during the interview, based on a transcript released ahead of its airing. He added that officials would want to see a continued moderation in price increases, even after several months of milder readings.The progress on inflation “doesn’t need to be better than what we’ve seen, or even as good. It just needs to be good,” Mr. Powell said.His remarks reaffirm that lower borrowing costs are likely coming this year — a change that could make mortgages, car loans and credit card debt cheaper for Americans. They also underscore how much better today’s economic situation is proving to be than what economists and Fed officials expected just a year ago.Many forecasters had predicted that the Fed’s rapid campaign of interest rate increases, which pushed borrowing costs from near zero to a range of 5.25 to 5.5 percent from March 2022 to July 2023, would slow the economy so much that it might even spur a recession. Central bankers themselves — including Mr. Powell — believed that some economic pain would probably be needed to cool consumer and business demand enough to prod businesses to stop raising prices so quickly.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More