President Donald Trump reached an agreement Monday with News Corporation magnate Rupert Murdoch to postpone Murdoch’s deposition in the $20 billion defamation lawsuit against the Wall Street Journal.

Donald Trump said on Tuesday the Wall Street Journal and its billionaire owner Rupert Murdoch want to settle the U.S. president's defamation lawsuit against the newspaper.

Trump sued Murdoch and the Wall Street Journal for libel after it published an article tying the president to a raunchy letter that was sent to convicted sex offender Jeffrey Epstein for his 50th birthday.

President Donald Trump is asking a federal court in Florida to compel media mogul Rupert Murdoch to give a deposition in the president's lawsuit against The Wall Street Journal within 15 days.

Trump has sued Murdoch and The Wall Street Journal over its July 17 article alleging the president sent a “bawdy” letter to Epstein for his 50th birthday, which included a drawing of a naked woman and Trump telling the late financier, “Happy Birthday — and may every day be another wonderful secret.”

Trump says he personally told his "very good friend Rupert Murdoch" that he had not sent a racy birthday greeting two decades ago to Jeffrey Epstein. Murdoch's Journal reported it anyway.

The libel suit, which seeks at least $10 billion in damages, was filed the same day the Justice Department asked a judge to unseal grand jury transcripts tied to Jeffrey Epstein's case.

A legal organization challenging President Donald Trump's administration on multiple fronts filed a new lawsuit on Friday seeking the release of records detailing the handling of the sex trafficking investigation into Jeffrey Epstein.