CBS has claimed that the cancellation of Trump-bashing show was a ‘financial decision’ despite timing of merger

The CBS late night host breaks his silence on his parent company's deal that was announced during his vacation.

Stephen Colbert went off on his employer, Paramount, on Monday after the company decided to settle with President Trump in his lawsuit against the network.

Senator Adam Schiff, a guest on The Late Show with Stephen Colbert, suggested that the show's cancellation might be politically motivated.

"I believe this kind of complicated financial settlement with a sitting government official has a technical name in legal circles..."

Colbert himself is a member of the WGA, as are 23 other people on the staff of "The Late Show." With the ending of Colbert's run -- and the outright cancellation of "The Late Show" -- so hot on the heels of a fiery monologue from the host earlier this week where he referred to Paramount's settlement with the president as a "big fat bribe,