Joe Kernen: Trump IRS settlement ‘smells bad’
Summary
President Trump dropped a $10 billion lawsuit against the IRS as part of a settlement. He also started a $1.776 billion fund to repay people who say the Department of Justice wrongly investigated or prosecuted them.Key Facts
- President Trump filed a $10 billion lawsuit against the IRS.
- He decided to drop the lawsuit.
- As part of a new initiative, Trump created a $1.776 billion fund.
- The fund aims to compensate people who claim unfair investigations or prosecutions by the DOJ.
- CNBC’s Joe Kernen expressed suspicion about the settlement, saying it "smells bad."
- The fund is called the “anti-weaponization” fund, suggesting it is meant to stop misuse of government power.
- The Department of Justice is involved in the claims covered by the fund.
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