ABC News will pay $15 million in President-elect Donald Trump in a defamation suit against the network and anchor George Stephanopoulos.

ABC News will pay $15 million to settle a defamation lawsuit brought by President-elect Donald Trump and will release a statement of regret over the comments from Good Morning America and This Week anchor George Stephanopoulos that sparked the suit.

Donald Trump has settled his defamation lawsuit against ABC News and George Stephanopoulos. The news organization and Stephanopoulos have agreed to donate $15 million to a presidential foundation (which is often a presidential library or museum) and will pay $1 million of Trump's legal fees.