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The Guardian US News · May 18, 2026 4:50 PM EDT Not market news

Justice department sets up $1.7bn fund to compensate Trump allies president claims were wrongfully targeted – US politics live

In an unprecedented, self-dealing maneuver for a US president, Trump ends lawsuit against IRS in exchange for fund to compensate for supposed persecutionTrump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fundSign up for the Breaking News US emailDemocratic reactions to the news about Trump moving to withdraw his lawsuit against the IRS are coming in. Ron Wyden, a top Democrat on the Senat…

Justice department sets up $1.7bn fund to compensate Trump allies president claims were wrongfully targeted – US politics live
Image The Guardian US News

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