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.
- President Donald J. Trump, his family, and The Trump Organization reached a settlement with the U.S. Department of Justice establishing a $1.776 billion Anti-Weaponization Fund to resolve their lawsuit against the Internal Revenue Service over leaked tax returns.
- The fund aims to compensate individuals alleging they suffered from government weaponization by providing formal apologies and monetary relief, and will be overseen by a commission with safeguards such as audits and reports to prevent fraud.
- Trump and his sons agreed to dismiss their lawsuit and other related claims, receiving formal apologies without monetary compensation.
- The settlement has faced criticism from Democrats and watchdogs who described it as a political slush or grievance fund, with some filing motions to block the settlement.
187 Articles
187 Articles
Trump Settles Trump Lawsuit With $1.8B Fund For Trump Allies
President Trump’s supporters have won Donald Trump’s legal fight against the Trump-controlled Justice Department. He’s dropping his ill -fated lawsuits against his own government in exchange for an apparent slush fund.
Rep. Neal criticizes Trump’s $1.7B settlement in IRS lawsuit as ‘slush fund’
SPRINGFIELD – By suing the IRS earlier this year, President Donald Trump tried to make himself both the plaintiff and, through the Justice Department, defendant in the $10 billion litigation.
Trump Just Created An Unconstitutional $1.776 Billion Loyalty Rewards Program For MAGA
We discussed the rumor of this on Friday, but it's now real: Donald Trump has handed himself a $1.776 billion fund of taxpayer money — unappropriated by Congress — to dole out to friends in the MAGA movement who claim they were mistreated by the Biden administration, but with no judicial review over such claims.…
US President Donald Trump withdrew his multi-billion dollar claim against the US tax agency, the Internal Revenue Service, on Monday. In…
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