Trump Moves to Drop IRS Suit as DOJ Discloses $1.7 Billion Fund
The move follows reports of a settlement that could send taxpayer money to allies who claim they were wrongly investigated, drawing criticism from Democrats and ethics groups.
- The Trump administration announced a $1.7 billion Anti-Weaponization Fund to compensate individuals claiming unfair government targeting, following President Trump's voluntary dismissal of his $10 billion lawsuit against the IRS over leaked tax returns.
- The lawsuit involved President Trump, his sons Donald Trump Jr. and Eric Trump, and the Trump Organization accusing the IRS and Treasury Department of failing to protect confidential tax records leaked by an IRS contractor.
- The Justice Department confirmed the fund's creation, which will be overseen by a commission appointed by the Attorney General and will close no later than December 1, 2028.
- Several House Democrats, including Rep. Jamie Raskin, criticized the fund as unconstitutional and a political grievance fund to benefit Trump allies, filing motions and amicus briefs to block the arrangement.
144 Articles
144 Articles
Washington, United States. Donald Trump withdrew on Monday a lawsuit against the Internal Revenue Service (IRS) in which he claimed $10 billion in damages for the leaking of his tax returns.The president and his two sons Eric and Donald Jr, as well as Trump's family company, announced that they were withdrawing the lawsuit filed in Florida, while the Department of Justice announced that part of the economic agreement agreed with the president wo…
Trump Administration announces $1.7 billion fund for supporters who claim Biden-era persecution
According to the Justice Department, the new fund is intended to compensate people who believe they were wrongly investigated or prosecuted for political reasons during the Biden administration.
"Highway robbery": Dems accuse Trump of creating $1.7 billion "slush fund" for Jan. 6 defendants
The Department of Justice announced a $1.7 billion fund to compensate people who believe they were unfairly targeted by previous Democratic administrations on Monday. While the DOJ shared that there were “no partisan requirements” to file a claim, the “Anti-Weaponization Fund” is seen by critics as a way for Jan. 6 defendants and allies of the Trump administration to seek compensation. The fund is part of a settlement agreement in President Don…
Pundits express outrage over Donald Trump’s $1.7 billion ‘slush fund’
Political observers expressed outrage Monday over the Justice Department announcement of a $1.776 billion “anti-weaponization fund” controlled by President Donald Trump as the result of the settlement from his lawsuit over his tax returns being leaked.The Justice Department did not name specific individuals who might stand to benefit from the fund, but said there were no “partisan requirements” for applicants and that anyone who believes they’ve…
berlingske.dk
avisendanmark.dkDonald Trump had sued the Internal Revenue Service and the Treasury Department over a leak of tax documents.
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