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Trump Says Anti-Weaponization Fund in IRS Settlement Is ‘Dead’ Even as He Defends It

Cornyn and Tillis are withholding support until the Justice Department gives written assurances and narrows audit protections tied to the settlement.

  • On Friday, President Donald Trump declared his $1.8 billion anti-weaponization fund 'dead,' yet continues defending it as a standoff with two Republican senators blocks his attorney general nominee, Todd Blanche.
  • The fund was crafted to resolve Trump's $10 billion lawsuit against the IRS over tax records, but Senator John Cornyn and Republican Senator Thom Tillis oppose it, fearing it could compensate individuals involved in the January 6, 2021, Capitol attack.
  • Cornyn and Tillis are withholding support for Blanche's confirmation until the Justice Department provides written assurances terminating the fund and narrowing audit immunity for Trump and his business subsidiaries, which could extend to more than 100 entities.
  • During a cabinet meeting on Thursday, Trump threatened to withdraw Blanche's nomination until the senators leave office next year, urging Republicans to confirm him and warning, 'They will never get anybody like him.'
  • While Blanche currently serves as acting attorney general, Cornyn and Tillis hold Judiciary Committee seats expiring in January, providing leverage to stall confirmation though their long-term political influence remains limited after leaving office.
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US President Donald Trump said today that his $1.778 billion "Fund Against Weaponization of the Judiciary" is dead, but continued to defend it, further complicating his administration's negotiations with two Republican senators.

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Trump defends massive settlement for ‘great American Patriots’ of Jan. 6, attacks GOP senators

President Donald Trump on July 31, 2026 defended his "anti-weaponization" settlement fund as he sought confirmation of his nominee for attorney general, Todd Blanche. In this photo, Trump looks on during a Cabinet meeting at the White House on May 27, 2026 in Washington, D.C.  (Photo by Win McNamee/Getty Images) WASHINGTON — President Donald Trump defended his highly criticized, nearly $1.8 billion “anti-weaponization” settlement fund on social …

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Raw Story broke the news in Washington, United States on Thursday, July 30, 2026.
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