Trump drops IRS suit in exchange for apology, $1.776B fund for victims of government weaponization — and even Hunter Biden can ask for award
President Trump has dropped his $10 billion lawsuit against the IRS in exchange for an apology and the creation of a $1.776 billion fund for victims of government weaponization. This fund will allow anyone who feels unfairly targeted by any administration to apply for compensation, including those involved in the January 6 Capitol riot and Hunter Biden. The settlement does not affect Trump's other legal claims related to the FBI's investigations.
- ▪Trump dismissed his lawsuit against the IRS in exchange for an apology and a compensation fund.
- ▪The $1.776 billion fund is open to anyone who believes they were unfairly targeted by the government.
- ▪Hunter Biden may also apply for compensation from the fund despite his previous legal issues.
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Politics exclusive details Trump drops IRS suit in exchange for apology, $1.776B fund for victims of government weaponization — and even Hunter Biden can ask for award By Emily Goodin Published May 18, 2026, 10:01 a.m. ET See more of our coverage in your search results. Add The New York Post on Google WASHINGTON – President Trump has dismissed his $10 billion lawsuit against the IRS in exchange for an apology and the establishment of a $1,776,000,000 billion fund to compensate victims of federal government weaponization. Anyone who believes they have been unfairly targeted by any administration could apply for compensation from the the Justice Department’s new Anti-Weaponization Fund — including those charged in connection with the Jan.
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