Trump Just Gave Himself a $1.7 Billion Slush Fund to Reward His Friends
President Donald Trump has settled a $10 billion lawsuit against the IRS, resulting in the creation of a $1.8 billion fund to compensate his allies for alleged unfair prosecution. The fund, named 'The Anti-Weaponization Fund,' will be overseen by a commission appointed by the Attorney General. Critics, including House Democrats, have labeled the fund a 'slush fund' and expressed concerns over its lack of oversight.
- ▪Trump dropped his lawsuit against the IRS in exchange for a settlement to launch a compensation fund.
- ▪The Anti-Weaponization Fund will be managed by a commission of five members appointed by the Attorney General.
- ▪House Democrats criticized the fund as a potential misuse of taxpayer money and a violation of constitutional principles.
Opening excerpt (first ~120 words) tap to expand
freestar.config.enabled_slots.push({ placementName: "motherjones_right_rail_1", slotId: "ROS_ATF_300x600" }); President Donald Trump gestures to reporters as he walks across the South Lawn of the White House, Friday, May 15, 2026, in Washington.Jacquelyn Martin/AP Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. President Donald Trump dropped his $10 billion lawsuit against the Internal Revenue Service on Monday in exchange for a settlement deal to launch a $1.8 billion fund to pay claims made by his friends for purported unfair prosecution.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Mother Jones.
Discussion
0 commentsMore from Mother Jones
