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President-elect Donald Trump speaks to the press following a meeting with Senate Majority Leader Mitch McConnell at the Capitol in Washington, D.C., on Nov. 10, 2016 Nicholas Kamm—AFP/Getty Images

Donald Trump Calls Trump University Settlement ‘Only Bad Thing’ About Election Victory

Nov 19, 2016

President-elect Donald Trump on Saturday said he settled his Trump University lawsuit because he did not have time for a lengthy trial, calling the settlement "the ONLY bad thing about winning the Presidency."

Trump agreed to a $25 million settlement to end the lawsuits accusing the now-defunct Trump University of defrauding students, New York Attorney General Eric Schneiderman announced Friday.

"I settled the Trump University lawsuit for a small fraction of the potential award because as President I have to focus on our country," Trump, who has boasted that he doesn't settle lawsuits, said on Saturday. "The ONLY bad thing about winning the Presidency is that I did not have the time to go through a long but winning trial on Trump U. Too bad!"

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