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politics4h ago

Trump moves to withdraw $10 billion lawsuit against IRS amid reports of new ‘slush fund’

https://www.ms.now/rachel-maddow-show/maddowblog/trump-moves-to-withdraw-10-billion-lawsuit-irs-slush-fund-reportshttps://spectrumlocalnews.com/nc/triad/politics/2026/05/18/trump-moves-to-dismiss--10-billion-lawsuit-irs-tax-returns-leakhttps://www.nbcnews.com/politics/donald-trump/trump-voluntarily-drops-10-billion-lawsuit-irs-leaked-tax-records-rcna345193
Ms.now and 9 more
Trump moves to withdraw $10 billion lawsuit against IRS amid reports of new ‘slush fund’ Open in Ms.now
Highlights
  • Critics in Congress argue the settlement risks enriching Trump allies with taxpayer money and lacks adequate accountability.
  • The fund could entrench political divisions by channeling taxpayer dollars to Jan. 6 supporters and related investigations.
  • The deal is framed as a lawful redress channel for victims of 'lawfare' and weaponization, part of a 2024-2026 timeline under Acting AG Todd Blanche.

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References

Trump moves to dismiss $10B suit over leak of tax returns

https://spectrumlocalnews.com/nc/triad/politics/2026/05/18/trump-moves-to-dismiss--10-billion-lawsuit-irs-tax-returns-leakSpectrumlocalnews.com
Trump moves to dismiss $10B suit over leak of tax returns

Trump drops ‘unprecedented’ $10 billion lawsuit against IRS over leaked tax records

https://www.nbcnews.com/politics/donald-trump/trump-voluntarily-drops-10-billion-lawsuit-irs-leaked-tax-records-rcna345193Nbcnews.com
Trump drops ‘unprecedented’ $10 billion lawsuit against IRS over leaked tax records

Trump moves to dismiss $10bn lawsuit against IRS amid reports he’s considering settlement

https://www.theguardian.com/us-news/2026/may/18/trump-dismiss-10-billion-dollar-irs-lawsuitTheguardian.com
Trump moves to dismiss $10bn lawsuit against IRS amid reports he’s considering settlement

Trump drops IRS suit in exchange for apology, $1.776B fund for victims of government weaponization — and even Hunter Biden can ask for award

https://nypost.com/2026/05/18/us-news/trump-drops-irs-suit-in-exchange-for-apology-1-776b-fund-for-victims-of-government-weaponization-and-even-hunter-biden-can-ask-for-award/Nypost.com
Trump drops IRS suit in exchange for apology, $1.776B fund for victims of government weaponization — and even Hunter Biden can ask for award

Trump moves to dismiss $10 billion suit over leak of tax returns after reports of a resolution

https://www.pbs.org/newshour/politics/trump-moves-to-dismiss-10-billion-suit-over-leak-of-tax-returns-after-reports-of-a-resolutionPbs.org
Trump moves to dismiss $10 billion suit over leak of tax returns after reports of a resolution

U.S. creates $1.7B 'lawfare' fund in exchange for Trump dropping $10B IRS suit

https://www.cnbc.com/2026/05/18/trump-dismiss-irs-lawsuit.htmlCnbc.com
U.S. creates $1.7B 'lawfare' fund in exchange for Trump dropping $10B IRS suit

Trump administration creates $1.776 billion fund for allies of the president after he drops lawsuit against IRS | CNN Politics

https://www.cnn.com/2026/05/18/politics/trump-irs-lawsuit-fund-for-alliesCnn.com
Trump administration creates $1.776 billion fund for allies of the president after he drops lawsuit against IRS | CNN Politics

'This is a criminal act': DOJ's $1.776 billion 'slush fund' protested as 'blatant theft'

https://www.rawstory.com/trump-jan-6-fund-criminal/Rawstory.com
'This is a criminal act': DOJ's $1.776 billion 'slush fund' protested as 'blatant theft'

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

https://apnews.com/article/trump-lawsuit-irs-leak-3729de38770b558be01712a143437bf8Apnews.com
Justice Department announces a $1.7B fund to compensate Trump allies in a deal to drop IRS suit

Related Topics

politicsdonald j. trumpinternal revenue service

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