Trump drops IRS lawsuit in exchange for DOJ $1.8 billion 'weaponization' fund

Reuters·May 19

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

A settlement has been reached between Donald Trump and the IRS, with Trump dropping a lawsuit in exchange for the creation of a nearly $1.8 billion fund. However, the settlement's status is uncertain as a US judge has reportedly voided or reopened the case for further examination. The fund, described as an "anti-weaponization" or "lawfare" fund, has been announced by the DOJ as part of the settlement accord.

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