Trump administration unveils $1.7bn fund to compensate his allies as he drops tax lawsuit
The settlement will go towards individuals who allege they were subjected to unfair investigations.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
The settlement will go towards individuals who allege they were subjected to unfair investigations.
Former President Trump withdrew a $10 billion lawsuit against the IRS, reportedly clearing the way for a $1.7 billion fund intended to compensate his allies, sparking backlash from nearly 100 House Democrats who view it as a misuse of taxpayer money.
Nearly 100 House Democrats are pushing to block the creation of a $1.7 billion 'Anti-Weaponization Fund' following Trump's decision to drop his $10 billion lawsuit against the IRS, arguing it's a fraudulent attempt to fund Trump loyalists using taxpayer money.
The Justice Department announced a $1.7 billion compensation fund for Trump allies who believe they were wrongly prosecuted by the Biden administration, a move slammed by Democrats as unconstitutional and corrupt.
President Trump has withdrawn his $10bn lawsuit against the IRS stemming from a leak of his tax returns and announced the creation of a $1.77bn anti-weaponisation fund to compensate some of his political allies.
The Trump administration announced the creation of a $1.7 billion fund to compensate allies who believe they were mistreated by the Biden administration Justice Department, as part of a settlement resolving Trump's lawsuit against the IRS over leaked tax returns.
The Justice Department announced a $1.776 billion 'Anti-Weaponization Fund' to compensate those who allege they were wrongly targeted under the Biden administration, as part of the settlement in Trump's $10 billion lawsuit against the IRS over leaked tax returns.
The Trump administration announced the creation of a $1.7 billion fund to compensate allies who believe they were mistreated by the Biden administration Justice Department, as part of a settlement resolving Trump's lawsuit against the IRS over leaked tax returns.
In an unprecedented move, Trump ends lawsuit against IRS in exchange for fund to compensate for alleged persecution, leading to widespread pushback from Democrats and government watchdog groups.
Similar Stories
Related coverage based on topic and tags
Supreme Court again rejects Trump's bid to overturn E Jean Carroll sex abuse case
The US president has already paid the writer over $5m in damages in the assault and defamation case.
August 17, 2026 at 06:45 PMTrump sued over Truth Social's $100,000 early access service
The suit challenges Truth Social plan selling early access to Trump's market-moving posts.
August 12, 2026 at 05:48 PMJudge swapped in Trump's defamation case against BBC
A judge who was recently nominated by the US president to serve in Florida's federal court will now preside over his $10bn defamation case against the BBC.
August 18, 2026 at 07:52 PMMost Americans believe Trump has inappropriately profited since returning to power, Reuters/Ipsos poll finds - Reuters
Most Americans believe Trump has inappropriately profited since returning to power, Reuters/Ipsos poll finds Reuters
August 19, 2026 at 10:31 AMJudge dismisses Trump administration lawsuit alleging Harvard failed to protect Jewish students - Reuters
Judge dismisses Trump administration lawsuit alleging Harvard failed to protect Jewish students Reuters
August 13, 2026 at 04:50 PMTrump sued over service that offers paid early access to Truth Social posts - Reuters
Trump sued over service that offers paid early access to Truth Social posts Reuters
August 12, 2026 at 10:36 PM