Share Tweet Pin Email By Katherine Tinsley 4:17pm PDT, Jul 25, 2025 _ CBS cancelled The Late Show and fired Stephen Colbert purportedly for financial reasons, but rumors continue to swirl that the comedian's disapproval of Paramount's legal settlement with Donald Trump led to the show's demise. FCC chairman Brendan Carr discussed the assertion during a recent appearance on Fox News' America's Newsroom.Keep reading to see what he had to say...MORE: Follow Wonderwall on MSN for more top news _ Bill Hemmer asked Brendan Carr about the cancelation of The Late Show.