“I know we’ve all been deeply troubled by the revelations of the past 48 hours,” said “Today” executive producer Noah Oppenheim in a memo to staffers.
“Let me be clear — there is simply no excuse for Billy’s language and behavior on that tape, NBC has decided to suspend Billy, pending further review of this matter.”
CNN reported it was unclear if Bush will return to the broadcast.
“He will never be on the show again,” one on-air source told the cable network.
NBC sources initially said Bush was not being disciplined and that he would be in his usual spot as co-host of the “Today” show’s 9 a.m. hour on Monday morning.
But on Sunday afternoon, senior NBC executives decided to bench Bush on Monday.
A couple of hours later, Oppenheim issued his memo suspending him.
Bush was recorded bantering with Trump as he boasted about groping women. One of those women, “Days of Our Lives” actress Arianne Zucker, broke her silence on Sunday.
“I have grown to learn that the words of others cannot effect the value of my self worth or define the content of my character,” Zucker told TMZ.
“How we treat one another, whether behind closed door, locker rooms or face to face, should be done with kindness, dignity and respect.
Unfortunately, there are too many people in power who abuse their position and disregard these simple principles and are rewarded for it.”
Additional reporting by Joe Tacopino