Trump poised to drop IRS suit, launch $1.7B 'weaponization' fund for allies: ABC News
- On Thursday, President Donald Trump is expected to drop his $10 billion IRS lawsuit in exchange for creating a $1.7 billion compensation fund to settle claims from allies alleging harm from the Biden administration's "weaponization" of the legal system.
- The lawsuit followed unauthorized 2019–2020 tax return leaks by former IRS contractor Charles Littlejohn, while the proposed fund targets nearly 1,600 individuals pardoned by Trump after the January 6 Capitol riot.
- Treasury Department funds would finance a five-member commission authorized to award payments without mandatory disclosure of procedures or recipients. Trump retains authority to remove commissioners without cause, sources reported.
- U.S. District Judge Kathleen Williams previously questioned whether the lawsuit against government entities is "sufficiently adverse" given Trump's position as sitting president. The settlement seeks to resolve this standing issue before next week's court deadline.
- Beyond this settlement, Trump pursues an additional $230 million in claims tied to his Mar-a-Lago estate and past Russia investigations. The proposed fund establishes an unprecedented mechanism for resolving administrative disputes through presidential appointments rather than traditional litigation.
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88 Articles
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 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…
Government analyzes using a historic compensation fund created during the Obama administration as a reference
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