Trump Just Gave Himself a $1.8 Billion Slush Fund to Reward His Friends
President Donald Trump has settled a $10 billion lawsuit against the IRS by establishing a $1.8 billion fund for claims from his allies. This fund, named 'The Anti-Weaponization Fund,' aims to address grievances related to perceived unfair prosecution. Critics, including House Democrats, argue that this fund serves as a slush fund for Trump and undermines constitutional principles.
- ▪Trump dropped his lawsuit against the IRS in exchange for a settlement to create a $1.8 billion fund.
- ▪The fund will be overseen by a Commission of five members appointed by the Attorney General.
- ▪House Democrats have criticized the fund as a collusive settlement and a violation of constitutional norms.
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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.
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