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Trump administration unveils $1.7bn fund to compensate his allies as he drops tax lawsuit

Trump administration unveils $1.7bn fund to compensate his allies as he drops tax lawsuit

The settlement will go towards individuals who allege they were subjected to unfair investigations.

May 18, 2026 at 07:53 PM Original source
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Trump administration unveils $1.7bn fund to compensate his allies as he drops tax lawsuit
BBC Newsvia rss

The settlement will go towards individuals who allege they were subjected to unfair investigations.

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Former President Trump withdrew a $10 billion lawsuit against the IRS, reportedly clearing the way for a $1.7 billion fund intended to compensate his allies, sparking backlash from nearly 100 House Democrats who view it as a misuse of taxpayer money.

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Nearly 100 House Democrats are pushing to block the creation of a $1.7 billion 'Anti-Weaponization Fund' following Trump's decision to drop his $10 billion lawsuit against the IRS, arguing it's a fraudulent attempt to fund Trump loyalists using taxpayer money.

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The Washington Postvia ai

The Justice Department announced a $1.7 billion compensation fund for Trump allies who believe they were wrongly prosecuted by the Biden administration, a move slammed by Democrats as unconstitutional and corrupt.

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Trump drops IRS lawsuit, sets up $1.7bn US anti-weaponisation fund
Al Jazeeravia ai

President Trump has withdrawn his $10bn lawsuit against the IRS stemming from a leak of his tax returns and announced the creation of a $1.77bn anti-weaponisation fund to compensate some of his political allies.

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Justice Department announces a $1.7B fund to compensate Trump allies in a deal to drop IRS suit
NBC New Yorkvia ai

The Trump administration announced the creation of a $1.7 billion fund to compensate allies who believe they were mistreated by the Biden administration Justice Department, as part of a settlement resolving Trump's lawsuit against the IRS over leaked tax returns.

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DOJ announces $1.7B 'Anti-Weaponization Fund' as part of Trump IRS lawsuit settlement
ABC Newsvia ai

The Justice Department announced a $1.776 billion 'Anti-Weaponization Fund' to compensate those who allege they were wrongly targeted under the Biden administration, as part of the settlement in Trump's $10 billion lawsuit against the IRS over leaked tax returns.

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Justice Department Announces $1.7B Fund to Compensate Trump Allies in a Deal to Drop IRS Suit
WTTWvia ai

The Trump administration announced the creation of a $1.7 billion fund to compensate allies who believe they were mistreated by the Biden administration Justice Department, as part of a settlement resolving Trump's lawsuit against the IRS over leaked tax returns.

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Justice department sets up $1.7bn fund to compensate Trump allies president claims were wrongfully targeted – US politics live
The Guardianvia ai

In an unprecedented move, Trump ends lawsuit against IRS in exchange for fund to compensate for alleged persecution, leading to widespread pushback from Democrats and government watchdog groups.

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