Updated
Updated · Bloomberg · May 29
DOJ Settles Trump’s $10 Billion IRS Suit, Creating $1.77 Billion Victim Fund
Updated
Updated · Bloomberg · May 29

DOJ Settles Trump’s $10 Billion IRS Suit, Creating $1.77 Billion Victim Fund

13 articles · Updated · Bloomberg · May 29
  • $1.77 billion will be set aside under a May 18 Justice Department settlement to compensate alleged victims of government “weaponization” tied to Trump’s lawsuit against the IRS.
  • The deal resolves Trump’s $10 billion claim over a 2019 leak of his tax information to the New York Times, an unusual move because DOJ typically defends federal agencies like the IRS rather than settling without a fight.
  • Acting Attorney General Todd Blanche said Trump himself will not receive money from the fund, but the arrangement could still channel millions in taxpayer dollars to Trump allies and supporters.
  • Critics cast the settlement as collusion between Trump and loyalists now running the Justice Department, widening concerns about political use of federal legal machinery.
How does this $1.77 billion settlement change the rules for individuals suing the U.S. government?
What is the precedent of granting a president permanent immunity from past IRS tax audits?