After widespread bipartisan outcry, the Justice Department says it is permanently abandoning plans for a $1.776 billion “anti-weaponization” fund. Widely branded as a “slush fund,” it was expected to reward President Donald Trump’s supporters, including those who attacked the Capitol on January 6, 2021. The fund was announced in May as part of a settlement in Trump’s personal lawsuit against the…
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In a shocking and unprecedented move, the Justice Department issued a memo Tuesday saying the IRS is “forever barred” from investigating past tax returns of President Trump, his family, company and “related companies.” It came just a day after the department announced the creation of a $1.776 billion “anti-weaponization” fund to “compensate” people prosecuted for supposedly political reasons by…
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This story originally appeared in Common Dreams on May 15, 2026. It is shared here under a Creative Commons (CC BY-NC-ND 3.0) license.
The top Democrat on the House Judiciary Committee on Thursday accused US President Donald Trump of “orchestrating a $1,700,000,000 fraud on the American taxpayer to line the pockets of his MAGA political allies” amid new reporting on the terms Trump is seeking in talks to settle his $10 billion lawsuit against the Internal Revenue Service.
ABC News reported late Thursday that Trump is expected to drop his lawsuit in the coming days “in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration.” The money would come from the Treasury Department’s Judgment Fund, which pays out court judgments and settlements against the federal government.
The president is also expected to receive a public apology from the IRS for the leak of his tax returns during his first White House term.
Rep. Jamie Raskin (D-Md.) said in a statement that the reported settlement terms represent “another installment” in Trump’s “ongoing effort to turn the federal government into a personal cash machine for his unpopular extremist movement.”
“This is a massive and unprecedented presidential plunder of the American people,” said Raskin. “Worse still, this is only the beginning—a declaration that the prior payouts were just a down payment, and that he now intends to earmark billions more in taxpayer dollars for his political allies, sycophants, and private militia of unemployed insurrectionists.”
“The president has no authority to conjure up billion-dollar compensation schemes or raid the Judgment Fund, which exists to settle valid lawsuits. Trump is systematically converting neutral government mechanisms into a presidential slush fund to build
President Donald Trump has sued the US Treasury Department and Internal Revenue Service for $10 billion over the leak of his tax returns during his first term in the White House, when the president broke with decades of tradition by refusing to voluntarily divulge the records. The lawsuit — joined by Trump’s two eldest sons and his family business, the Trump Organization — was revealed…
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The Internal Revenue Service (IRS) is reportedly changing how it operates in order to comply with a recent directive by President Donald Trump to target organizations his administration claims are funded by “antifa.” According to a report from The Wall Street Journal, the IRS’s Criminal Investigation division (IRS-CI) is installing Trump loyalists in key roles and weakening the effectiveness…
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