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.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
The settlement will go towards individuals who allege they were subjected to unfair investigations.
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.
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.
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.
President Trump has withdrawn his $10bn lawsuit against the IRS stemming from a leak of his tax returns and announced the creation of a $1.77bn anti-weaponisation fund to compensate some of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.
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.
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.
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.
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.
Similar Stories
Related coverage based on topic and tags
EXCLUSIVE: Fauci's lawyers set up legal defense fund as US probes multiply - Reuters
EXCLUSIVE: Fauci's lawyers set up legal defense fund as US probes multiply Reuters
August 21, 2026 at 10:03 PMTrump administration illegally retaliated against Anthropic, judge rules
The AI startup has been at loggerheads with the Pentagon over the use of AI by the US military.
August 28, 2026 at 03:41 AMCFTC fines former White House aide $172,000 for trading on Trump speech information - Reuters
CFTC fines former White House aide $172,000 for trading on Trump speech information Reuters
August 29, 2026 at 12:48 AMMeta agrees to pay up to $16.68bn to settle social media case
The deal has been reached during a California federal court trial over claims brought by 29 states.
August 26, 2026 at 01:16 PMCorporate political donations shatter record at $646 million so far for US midterms - Reuters
Corporate political donations shatter record at $646 million so far for US midterms Reuters
August 27, 2026 at 10:08 PMEXCLUSIVE: US plans $725 million payment towards its large UN debt - Reuters
EXCLUSIVE: US plans $725 million payment towards its large UN debt Reuters
August 21, 2026 at 05:01 PM