Key Facts

• President Trump, his two oldest sons, and the Trump Organization filed a $10 billion lawsuit against the IRS and Treasury.
• The lawsuit was dismissed voluntarily in a Miami federal court on Monday.
• The case was dismissed "with prejudice," so it cannot be filed again.
• Trump sued after a former contractor leaked his confidential tax returns during his first term.
• The contractor who leaked the tax returns pled guilty and went to federal prison.
• Trump has reportedly considered creating a $1.776 billion fund for people who say they were wrongly targeted by the Biden administration.
• The dismissal may be linked to talks about this compensation fund.
• The lawsuit was unusual because Trump demanded money from government agencies he oversees as president.