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‘Completely hollow’: critics denounce Blanche deal to halt Trump slush fund

‘Completely hollow’: critics denounce Blanche deal to halt Trump slush fund

Summary

Acting Attorney General Todd Blanche made an agreement with two Republican senators to end a $1.8 billion fund linked to former President Trump. Some Democrats and experts say the deal is weak and could allow Trump to restart the fund.

Key Facts

  • Todd Blanche withdrew an order that created a $1.8 billion "weaponization fund."
  • The fund was linked to a lawsuit involving Trump’s tax returns.
  • Senators John Cornyn and Thom Tillis, both Republicans, agreed to support Blanche’s confirmation after the deal.
  • The agreement limits tax audit immunity to Trump, his sons, and their businesses only for past actions.
  • Legal experts and Democrats say the deal is not strong and leaves room for Trump to revive the fund.
  • Trump praised the fund and threatened to bring it back.
  • There is a separate government process under the Federal Tort Claims Act that could allow payouts to people involved in the January 6 events.
  • Some Democrats say the deal is not enough to stop future payouts or the return of similar funds.
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