Trump poised to drop IRS suit, launch $1.7B 'weaponization' fund for allies: ABC News
The fund would use Treasury money to pay claims from people Trump says were harmed by federal investigations and prosecutions, sources said.
- 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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Trump IRS Lawsuit Deal Could Funnel $1.7B to Allies, Jan. 6 Capitol Riot Defendants
By: Paul Goldberg – Senior Correspondent | LGBT Politics News WASHINGTON, D.C. — (May 14,2026) — A new report is raising serious questions in Washington after revelations that President Donald Trump may abandon a major legal battle against the Internal Revenue Service in exchange for a multibillion-dollar compensation framework benefiting political allies — including individuals tied [...] The post Trump IRS Lawsuit Deal Could Funnel $1.7B to Al…
Trump’s $1O billion lawsuit against the IRS he oversees is the definition of corruption: Letter to the Editor
The Trump administration is riven with corruption and not even trying to hide it. CNN reports the Justice Department is considering settling President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service -- filed in his personal capacity -- perhaps, by dropping IRS audits against him and his businesses in exchange. “It remains unclear if a monetary settlement is being considered ... raising unprecedented ethical questions,” CN…
Trump to drop $10B IRS lawsuit in exchange for massive fund to pay off allies: report
President Donald Trump is expected to drop his massive, $10 billion lawsuit against the Internal Revenue Service, but not for reasons some might expect, according to a new report. ABC News reported on Thursday that Trump plans to drop the lawsuit in exchange for creating a $1.7 billion fund that he can use to pay allies who claim they were wrongfully targeted by the Biden administration. Those allies include recently pardoned Jan. 6 rioters like…
Trump Set to Drop Lawsuit Against IRS in Exchange for $1.7 Billion for Allies – Including Capitol Rioters: Report
President Donald Trump is set to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a fund that will pay some of his political allies – including people involved with the Jan. 6 Capitol riot – up to $1.7 billion.
Trump to Drop $10 Billion Lawsuit Against IRS Over Leak of His Tax Returns in Exchange for This Creative Deal - Politics, Policy, Political Views
President Trump is expected to drop his $10 billion lawsuit against the IRS over the leak of his tax returns in exchange for a deal, according to ABC News. Trump is willing to drop his blockbuster lawsuit against the agency in exchange for a $1.7 billion taxpayer-funded fund to pay people who were unfairly targeted by the Biden Regime. ABC News reported: President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Rev…
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