President Donald Trump is reviving calls this week for Disney-owned ABC to pull comedian Jimmy Kimmel off the air in yet another test for late night TV during the Republican president’s second term.

While it’s not the first time Kimmel has faced backlash over a show monologue — his show was briefly suspended in September after broadcast station owners threatened to disrupt the program following comments about the killing of conservative activist Charlie Kirk — the renewed challenges now fall under freshly installed Disney CEO Josh D’Amaro, who took the helm last month.

Trump and First Lady Melania Trump called on ABC to fire the late night host after he referred to the First Lady as an “expectant widow” during a comedy sketch last week, days before an alleged assassination attempt at the White House Correspondents’ Dinner.

Melania Trump said in a post on X that Kimmel’s comments were “hateful and violent rhetoric” and “intended to divide our country.” Shortly after, Trump posted on his Truth Social platform that Kimmel’s comments amounted to a “call to violence” and were “far beyond the pale.”

In a subsequent monologue on Monday night, Kimmel addressed the backlash, saying the remark was “a joke about their age difference.” He added that it was “not, by any stretch of the definition, a call to assassination. And they know that.”

White House Director of Communications Steven Cheung said in a post on X Tuesday that Kimmel should be “shunned” for “doubling down on that joke instead of doing the decent thing by apologizing.”

Representatives for Disney didn’t immediately respond to request for comment.

Back in September, broadcast station owners Nexstar and Sinclair said they would preempt Kimmel’s show, airing other content instead during his time slot, after Federal Communications Commission Chairman Brendan Carr raised issue with Kimmel’s comments about Kirk.

Representatives for Nexstar and Sinclair declined to comment on the latest Kimmel comments.

Carr in September suggested broadcast station licenses were at risk of being revoked, spurring debate about First Amendment protections and the responsibility of national broadcasters like ABC to air generally acceptable content.

Disney returned Kimmel’s late night show to air a few days after the suspension, and Kimmel apologized for the comments in his first show back.

But the back and forth could serve as something of a precedent if the Trump administration keeps putting pressure on media firms.

On Tuesday, Semafor reported that the FCC was preparing a review of Disney’s broadcast licenses, but cited a source in saying the timing wasn’t related to Kimmel’s monologue. Representatives for the FCC and Disney didn’t immediately respond to requests for comment on that report.

Last year, Paramount-owned CBS announced it would bring an end to “The Late Show with Stephen Colbert” while the company awaited FCC approval for its merger with Skydance. The merger got the green light from regulators shortly after the announcement.

While Disney has said that it doesn’t have plans for mergers or acquisitions in the near term, it has had a few run ins with the Trump administration.

In December 2024, ABC News agreed to pay $15 million toward Trump’s future presidential library in order to settle a defamation lawsuit brought by the President against the network and anchor George Stephanopoulos.

Last year, ABC News also cut ties with national correspondent Terry Moran after he said Trump and senior White House advisor Stephen Miller were “world-class” haters in a social media post.

JPMorgan Chase CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand.

Dimon’s statement was in response to a question about whether he was worried about rising levels of government debt “around the world and in your country.”

“The way it’s going now, there will be some kind of bond crisis, and then we’ll have to deal with it,” Dimon said at an investment conference held by Norway’s sovereign wealth fund, the largest in the world.

“I’m not that worried we’ll be able to deal with it,” Dimon said. “I just think maturity should say you should deal with it, as opposed to let it happen.”

Dimon, who runs the world’s largest bank by market cap, said history has shown that today’s growing mix of risks could combine in unpredictable ways. While the timing is uncertain, failing to address those pressures increases the odds that adjustment comes after upheaval rather than deliberate policy moves.

“The level of things that are adding to the risk column are high, like geopolitics, oil, government deficits,” Dimon said. “They may go away, but they may not, and we don’t know what confluence of events causes the problem.”

A bond crisis would likely mean a sudden jump in yields and a breakdown in market liquidity, where investors rush to sell and buyers recede, typically forcing central banks to step in as buyers of last resort.  

A recent example is the 2022 UK gilt crisis, when yields surged and the Bank of England had to step in to stabilize the market.

This story is developing. Please check back for updates.