President Trump on Sunday suggested news networks ABC and NBC were "AN ARM OF THE DEMOCRAT PARTY" and said he would be "in favor" of the Federal Communications Commission pulling their broadcast licenses.

Why it matters: Trump has long publicly aired complaints about his media coverage. As Axios' Sara Fischer and Christine Wang report, his threats of regulatory scrutiny and private lawsuits against what he claims is the "Fake News" have had very real impacts. • His administration has crusaded against public broadcasting, singled out the Associated Press and launched probes into broadcasters and stations, sparking fears of political retribution. • CBS parent Paramount Global paid $16 million earlier this summer to settle a voter interference lawsuit filed by Trump over the editing of a

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