Trump’s tax immunity scheme hoists president by his own petard on Blanche AG nomination
Summary
President Donald Trump has not ended a controversial deal that gives him broad protection from tax audits and created a $1.8 billion fund. This deal is linked to settling a $10 billion lawsuit over the unauthorized release of his tax records, and its existence has caused delays in confirming Todd Blanche as the permanent US attorney general.Key Facts
- The agreement protects President Trump, his family, and business entities from tax audits related to matters covered by the deal.
- It also created a $1.8 billion fund described as a "slush fund."
- Todd Blanche, a loyal Trump ally and former personal lawyer, is the acting attorney general nominated for permanent confirmation.
- Two Republican senators, John Cornyn and Thom Tillis, initially withheld support, wanting limits on the tax immunity agreement to be clearly stated.
- President Trump publicly opposed these senators, noting past political conflicts and threatening to withdraw Blanche's nomination if they did not support him.
- Blanche can continue serving as acting attorney general indefinitely without Senate confirmation.
- A federal judge criticized the government’s handling of the tax record lawsuit as favoring the president.
- The White House declined to comment on the situation, directing inquiries to Trump's social media statements.
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