Wendy McMahon made a significant announcement on Monday, May 19. The television executive is stepping down as the president and CEO of CBS News and Stations and CBS Media Ventures.

A group of senators sent a letter to Paramount Global chair Shari Redstone on Monday, seeking information about the CBS News owner's efforts to settle a lawsuit with U.S. President Donald Trump. Senators Elizabeth Warren,

The New Orleans native said in her email to staff that "it's become clear that the company and I do not agree on the path forward. It's time to move on and for this organization to move forward with new leadership.

Another Ominous Sign for the Trump- 60 Minutes Lawsuit Wendy McMahon stepped down as head of CBS News amid speculation that Paramount will cave to the president’s demands.