Top lawmakers were quick to rally around Stephen Colbert following the cancellation of "The Late Show." Why it matters: Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) accused CBS of placating President Trump as its parent company Paramount is closing in on a merger deal.

A decision to cancel the "Late Show With Stephen Colbert" is prompting members of Congress to speak out, as the timing draws attention to a recent settlement between Paramount Global PARAPARAA and President Donald Trump.