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DC Wrap: Trump Holds Off on Iran Attack; IRS Creates 'Weaponization' Fund

Trump said serious negotiations are underway with Iran, while the Justice Department created a $1.7 billion fund for allies in an IRS settlement.

  • President Donald Trump announced on Monday he is holding off on a military strike against Iran, citing "serious negotiations" underway with Gulf leaders, though he instructed the military to remain ready for a "full, large scale assault" if talks fail.
  • Simultaneously, the Justice Department settled President Donald Trump's $10 billion lawsuit against the Internal Revenue Service by creating a $1.776 billion taxpayer-funded "Anti-Weaponization Fund" for those claiming political targeting.
  • Acting Attorney General Todd Blanche defended the fund as a "lawful process," while Democrats and watchdogs condemned the deal as "corrupt," warning it could unjustly enrich political allies with taxpayer dollars.
  • Recent polling indicates unease, as 64% of voters believe President Donald Trump made the wrong decision to go to war with Iran, while 76% of Americans express concern about their personal finances.
  • A five-member commission appointed by Attorney General Todd Blanche will issue "formal apologies" and handle payouts through Dec. 15, 2028, though the Justice Department stated the United States holds no liability for potential misuse of funds.
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DC Wrap: Trump holds off on Iran attack; IRS creates 'weaponization' fund

A look at the day's biggest stories in national politics.

·United States
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Breitbart broke the news in United States on Sunday, May 17, 2026.
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