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President Trump has withdrawn his $10bn lawsuit against the IRS stemming from a leak of his tax returns and announced the creation of a $1.77bn anti-weaponisation fund to compensate some of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
US judge temporarily blocks Trump's $1.8 billion 'weaponization' fund - Reuters
US judge temporarily blocks Trump's $1.8 billion 'weaponization' fund Reuters
May 29, 2026 at 08:45 PMUS justice department launches criminal investigation into Trump accuser E Jean Carroll, reports say
The case centres on whether the former columnist lied about the funding she received for her civil lawsuit against the US president.
May 28, 2026 at 10:15 AMTrump administration in talks to fund US drone companies, WSJ reports - Reuters
Trump administration in talks to fund US drone companies, WSJ reports Reuters
May 28, 2026 at 02:21 AMLaw firm Fenwick agrees to pay $54 million in settlement over FTX work - Reuters
Law firm Fenwick agrees to pay $54 million in settlement over FTX work Reuters
May 23, 2026 at 01:28 AMTrump administration wants federal workers to sign NDAs
US government personnel officials say non-disclosure agreements are part of an effort to stop leaks to the media.
May 27, 2026 at 12:27 AMFormer US attorney general Pam Bondi defends her handling of Epstein files in congressional probe
The testimony comes about a month after America's top prosecutor was ousted by US President Donald Trump.
May 29, 2026 at 05:45 PM