Politics Meta to pay Trump $25 million to settle 2021 lawsuit

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.

According to the Wall Street Journal, $22 million will be donated to a fund for Mr. Trump's presidential library, and the rest will be used for legal fees and go to other plaintiffs on the case.