By bizn_fun 
As part of Monday’s settlement, YouTube will pay $22m to the Trust for the National Mall, a non-profit group that is aiming to raise $200m to build a new ballroom at the White House.
Another $2.5m will be paid to other organisations and individuals who joined Trump’s lawsuit, including the American Conservative Union.
YouTube is the latest major platform to settle with the president.
In January, Facebook’s parent company Meta agreed to a $25m settlement – with $22m earmarked for Trump’s presidential library.
A month later, social media platform X – a company that was purchased by Trump ally Elon Musk in 2022 – settled for a reported $10m.
All of Mr Trump’s social media accounts have since been reinstated.
The settlements come as Silicon Valley has generally taken a more conciliatory tone towards the president. The CEOs of Alphabet, Meta and X all sat in the front row for his inauguration, signalling a shift in relations between the Republican Party and the tech sector.
The social media giants have also taken measures to loosen content moderation on their platforms which Republicans had claimed amounted to a violation of free speech.
Last week, YouTube said it planned to restore several accounts that had been banned for repeatedly making false claims about Covid and the 2020 presidential election.
“YouTube values conservative voices on its platform and recognizes that these creators have extensive reach and play an important role in civic discourse,” the company wrote to a Republican-controlled congressional committee, explaining the decision.