Trump drops IRS lawsuit, sets up $1.7bn US anti-weaponisation fund
Donald Trump has withdrawn his $10 billion lawsuit against the IRS and announced the creation of a $1.77 billion Anti-Weaponisation Fund. This fund aims to compensate individuals who Trump claims were wrongly investigated or prosecuted. The announcement has faced significant backlash from Democrats and government watchdogs, who criticize the use of taxpayer money for political grievances.
- ▪Trump dropped his lawsuit against the IRS related to the leak of his tax returns.
- ▪The new Anti-Weaponisation Fund is intended to support those Trump believes were unfairly targeted by investigations.
- ▪Critics, including Democratic lawmakers, have condemned the fund as unconstitutional and a misuse of taxpayer dollars.
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Economy|CourtsTrump drops IRS lawsuit, sets up $1.7bn US anti-weaponisation fundThe new fund has led to widespread pushback from Democrats and government watchdog groups.ListenListen (7 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoThe lawsuit stemmed from former IRS contractor Charles Littlejohn leaking US President Donald Trump's tax returns to the press [File: Erin Scott/Reuters]By AP and ReutersPublished On 18 May 202618 May 2026United States President Donald Trump has withdrawn his $10bn lawsuit against the Internal Revenue Service (IRS) stemming from a leak of his tax returns and said his administration will create a $1.77bn anti-weaponisation fund that would compensate some of Trump’s political…
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