Fox Business Network Suspends Charles Payne

Fox Business Network on-air host Charles Payne was suspended Thursday amid sexual harassment allegations made against him.

A Fox Business Network spokesperson confirmed Payne’s, who hosts the network’sMaking Money series, suspension pending further investigation. Rotating sub-hosts will fill in for Payne onMaking Money, which Payne has hosted since 2014.

Payne just last month singed amulti-year agreementwith the network. In a statement FBN said: “We take issues of this nature extremely seriously and have a zero tolerance policy for any professional misconduct. This matter is being thoroughly investigated and we are taking all of the appropriate steps to reach a resolution in a timely manner.”   

According toThe Los Angeles Times,which first reported the story, Payne admitted to theNational Enquirer he was engaged in a three-year extramarital affair with a married female political analyst who frequently appeared on FBN and Fox News from 2013 to 2016.

For the full story go to Multichannel.com.

R. Thomas Umstead

R. Thomas Umstead serves as senior content producer, programming for Multichannel News, Broadcasting + Cable and Next TV. During his more than 30-year career as a print and online journalist, Umstead has written articles on a variety of subjects ranging from TV technology, marketing and sports production to content distribution and development. He has provided expert commentary on television issues and trends for such TV, print, radio and streaming outlets as Fox News, CNBC, the Today show, USA Today, The New York Times and National Public Radio. Umstead has also filmed, produced and edited more than 100 original video interviews, profiles and news reports featuring key cable television executives as well as entertainers and celebrity personalities.