Blanche says ‘nothing has changed’ with deal to drop tax claims against Trump, after retreating on settlement fund
Blanche says the department will keep the IRS settlement that shields Trump and his family from audits, even as the $1.8 billion fund is dropped.
- Acting Attorney General Todd Blanche confirmed the administration is scrapping the $1.8 billion Anti-Weaponization Fund, though a separate deal granting broad tax amnesty to President Donald Trump and his family remains in place.
- The scrapped fund originated from a broader settlement resolving Trump's $10 billion lawsuit against the Internal Revenue Service, which alleged the agency failed to safeguard his tax data and weaponized audits against him.
- Last week, a federal judge temporarily blocked the Trump administration from creating the fund, prompting the Justice Department to announce on Monday it would comply with the court order and halt the initiative.
- Senate Majority Leader John Thune stated he is "not a big fan" of the deal, while Connecticut Sen. Chris Murphy called the situation "mind blowing" on social media, reflecting bipartisan concern.
- While the fund is gone, the amnesty provision prevents further IRS examination of existing audits, potentially shielding Trump from a ruling that could have cost him more than $100 million, according to reports.
100 Articles
100 Articles
Seth Meyers takes a 'Closer Look' at Trump's tax situation
Despite being massively unpopular even with Republicans, there's one part of Trump's anti-weaponization fund – a deal Trump struck with the DOJ that would have set up a $1.8 billion slush fund for people claiming political persecution – that he's still fighting to keep: an immunity deal that would protect him and his family from IRS audits."I'm sorry, what? He gets permanent immunity from tax crimes?" asks a shocked Seth Meyers in the Late Night…
No, Trump's $1.776 billion slush fund isn't 'dead'
President Trump’s “anti-weaponization fund” has faced bipartisan opposition. Multiple Republicans have argued that the $1.776 billion fund, which is part of a settlement agreement in Trump’s lawsuit against the Internal Revenue Service (IRS), is a “slush fund” to reward Trump’s political allies, including rioters who participated in the January 6, 2021, Capitol insurrection.Republican opposition to the fund delayed voting for a reconciliation bi…
Treasury secretary won’t confirm if Trump, family to get immunity from IRS audits
WASHINGTON — Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies.
Bessent refuses to say if Trump is exempt from IRS audits
WASHINGTON — Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the…
Treasury chief mum on Trump’s IRS immunity deal
Treasury Secretary Scott Bessent testifies during a U.S. Senate Committee on Finance hearing on June 3, 2026. The department's budget request for fiscal 2027 was the subject of the hearing. (Photo by Chip Somodevilla/Getty Images)WASHINGTON — The day after acting Attorney General Todd Blanche said the Trump administration’s “anti-weaponization” fund was dead, Treasury Secretary Scott Bessent evaded questions on Capitol Hill Wednesday about whet…
Treasury secretary dodges questions on whether Trump still has lifetime IRS audit immunity
Treasury Secretary Scott Bessent testifies during a U.S. Senate Committee on Finance hearing on June 3, 2026. The department's budget request for fiscal 2027 was the subject of the hearing. (Photo by Chip Somodevilla/Getty Images)WASHINGTON — The day after acting Attorney General Todd Blanche said the Trump administration’s “anti-weaponization” fund was dead, Treasury Secretary Scott Bessent evaded questions on Capitol Hill Wednesday about whet…
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