Trump drops $10 billion IRS lawsuit in exchange for $1.7 billion fund for allies
Summary
The U.S. Justice Department announced a $1.7 billion fund to compensate allies of President Donald Trump who say they were unfairly treated by the previous Biden administration. This fund is part of a deal that ends President Trump’s $10 billion lawsuit against the Internal Revenue Service over leaked tax returns.Key Facts
- The $1.7 billion fund is called the “Anti-Weaponization Fund.”
- It is meant to compensate people close to President Trump who claim political persecution under the Biden Justice Department.
- The fund resolves Trump’s lawsuit against the IRS related to leaked tax returns from his first term.
- Acting Attorney General Todd Blanche described the fund as a legal way for victims to seek redress.
- Democrats and watchdog groups criticized the fund as unfair and said it could lead to false claims for political reasons.
- The resolution dismisses the case in federal court in Florida, with no judge review expected.
- The fund represents a shift towards rewarding Trump allies who faced investigations before he returned to office.
- Some Trump supporters, including those involved in the January 6 Capitol attack, have received pardons or lighter sentences since Trump’s return to office.
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