Trump poised to drop IRS suit, launch $1.7B 'weaponization' fund for allies: ABC News
The deal would create a taxpayer-funded commission to compensate Trump allies and could face court challenges over conflicts of interest.
- The Trump administration is considering a $1.78 billion 'Truth and Justice Commission' fund to compensate allies investigated during the Biden administration as part of a settlement of President Donald Trump's lawsuit against the Internal Revenue Service.
- Triggered by a lawsuit against the IRS over a 2019 tax leak, the deal seeks to resolve claims that the disclosure caused 'reputational and financial harm' to Trump and his organization.
- Nearly 1,600 individuals charged in the January 6, 2021, Capitol riot could receive compensation; the concept is modeled after an Obama administration fund that distributed $760 million.
- Democratic Rep. Jamie Raskin, D-Maryland, condemned the proposal as a 'fraud on the American taxpayer' and 'unprecedented presidential plunder,' while Democrats broadly labeled it a 'slush fund.'
- Structural concerns persist: ethics experts warn Trump would act as both plaintiff and defendant, while the commission structure allows him to remove members without cause.
104 Articles
104 Articles
Trump admin considers nearly $1.8 billion fund to compensate allies targeted in DOJ investigations, sources say
Trump administration officials are considering establishing a nearly $1.8 billion fund to compensate those who feel they have been unfairly investigated under previous administrations, according to two sources familiar with the discussions.
Trump’s Proposed $1.7 Billion Fund For Allies Sparks Outrage Over IRS Lawsuit
A little-noticed lawsuit President Donald Trump filed against the IRS earlier this year has suddenly become one of the most controversial legal battles in Washington after reports surfaced that his administration is considering creating a $1.7 billion fund to compensate people Trump claims were unfairly targeted during the Biden administration. The proposed fund — which reportedly could benefit some Jan. 6 defendants, Trump political allies and …
Donald Trump sued himself – and is expected to settle for SEK 17 billion. The money is intended to go into a “truth and justice commission” to compensate alleged victims of persecution by Joe Biden’s administration. Donald Trump himself will have the final say in the fund’s work.
Trump seeks $1.7 billion fund to pay allies in exchange for dropping IRS lawsuit: reports
President Trump said any payout from his lawsuit against the IRS would go to charity. Now, he reportedly wants $1.7 billion to pay allies who were investigated by the Biden administration.
Trump May Drop IRS Suit in Return for $1.7 Billion ‘Weaponization’ Fun
If approved, the fund would be used to pay damages to people who say they were harmed by the Biden Administration’s “weaponization” of the legal system, including the nearly 1,600 people charged in connection with the Jan. 6, 2021, insurrection. In a lawsuit filed in a Miami federal court in January, Trump and other plaintiffs accused federal agencies of failing in their duty of stopping a former IRS contractor from illegally obtaining and dis…
Trump May Drop IRS Suit in Return for $1.7 Billion ‘Weaponization’ Fund
Trump supporters participate in a rally in Washington, Jan. 6, 2021, that some blame for fueling the attack on the U.S. Capitol. —John Minchillo, File—Associated PressPresident Donald Trump may drop his $10 billion lawsuit against the Internal Revenue Service (IRS) in exchange for the government creating a $1.7 billion fund to compensate political allies who claim they were wrongly targeted by the Biden Administration.The plan, first reported by…
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