Trump IRS Suit Settlement and Fund for Allies

The U.S. Justice Department and Trump's legal team negotiate a settlement of Trump's IRS lawsuit, resulting in a $1.7B fund to compensate his allies.

January 2026

Jan 1, 2026

Trump sued IRS and Treasury for $10 billion

Donald Trump filed a lawsuit against the IRS and the Treasury Department. The suit sought $10 billion in damages. The lawsuit accused the agencies of failing to prevent a leak of the president’s tax information during his first term.

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Jan 1, 2026

Trump filed lawsuit against IRS in Southern District of Florida

Donald Trump filed a lawsuit against the IRS. The action was filed in the Southern District of Florida.

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April 2026

Apr 20, 2026

Trump's lawyers in talks with IRS on $10B lawsuit

Lawyers for Donald Trump are currently in talks with the IRS to resolve a $10 billion lawsuit. The suit relates to the leak of his tax information to news outlets between 2018 and 2020.

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May 2026

May 15, 2026

Trump expected to drop IRS lawsuit for fund

Donald Trump is expected to drop a $10 billion lawsuit against the Internal Revenue Service. This action is linked to the creation of a $1.7 billion fund for allies.

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May 15, 2026

Trump case against IRS closed by plaintiff's request

The lawsuit filed by Donald Trump against the IRS was closed by the plaintiff. This closure occurred by the middle of May.

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May 18, 2026

Justice Department announces $1.7B fund for Trump allies

The Justice Department announced the creation of a $1.7 billion fund. This fund is designated to compensate allies of the Republican president. The announcement was made as part of a deal to resolve a lawsuit.

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May 18, 2026

Trump's lawyers disclose dismissal of IRS suit in federal court

Trump’s attorneys filed a document in federal court in Florida, disclosing the dismissal of the lawsuit. The lawsuit concerned the leak of Donald Trump's tax returns.

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May 18, 2026

DOJ confirms $1.776 Billion Fund for Allies

The Department of Justice confirmed creating a $1.776 billion fund. This fund is designated to send taxpayer money to individuals deemed 'victims of lawfare and weaponization.'

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May 18, 2026

Trump withdraws $10 Billion Lawsuit Against IRS

President Donald Trump withdrew a previously filed $10 billion lawsuit against the Internal Revenue Service. This action reportedly paved the way for the creation of the new compensation fund.

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May 18, 2026

Justice Department announces fund from Trump IRS settlement

The Justice Department announced the creation of a $1.776 billion fund. This fund is intended to compensate people who reportedly suffered from "weaponization and lawfare." The fund relates to a settlement between the Justice Department and President Trump regarding his suit against the Internal Revenue Service.

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May 18, 2026

Trump’s DOJ announces $1.7B fund for allies

The Department of Justice (DOJ) announced a $1.776 billion fund. This fund is intended to pay allies who were 'unfairly' investigated by Democrats. The fund will be financed by taxpayers and managed by a five-member commission appointed by Trump’s ex-defense lawyer.

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May 19, 2026

Justice department barred IRS from auditing Trump's returns

The justice department added a provision barring the IRS from auditing Donald Trump’s tax returns. This addendum was signed by Todd Blanche, the acting attorney general.

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May 19, 2026

Justice Department creates $1.7 bln fund for allies

Donald Trump's Justice Department announced the creation of a $1.7 billion fund intended to compensate political allies prosecuted under the Biden administration. This fund is called the "Anti-Weaponization Fund."

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May 19, 2026

Trump lawsuit settlement with IRS announced

As part of the creation of the "Anti-Weaponization Fund," the Justice Department announced that Donald Trump was dropping a lawsuit against the Internal Revenue Service (IRS). The original lawsuit sought $10 billion in damages following a tax returns leak.

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May 20, 2026

Officers sue to block payments from $1.776 billion fund

Two police officers sued in federal court to block payouts from a $1.776 billion settlement fund. The fund is intended for alleged victims of politically motivated prosecutions.

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May 20, 2026

Agreement creates $1.776bn fund to compensate president's allies

The justice department announced an agreement establishing a $1.776bn fund intended to compensate allies of the president. This announcement followed the signing of the addendum.

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May 22, 2026

Department of Justice announces "anti-weaponization" fund

The Department of Justice announced a fund aimed at individuals who claim to be victims of the justice system. This announcement was discussed following PBS News coverage.

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May 29, 2026

Judge reopens Trump's $10 billion lawsuit against IRS

Federal judge Kathleen M. Williams reopened President Trump’s $10 billion case against the I.R.S. She stated she wished to investigate 'grievous allegations' regarding the prior settlement.

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May 29, 2026

Judge Williams orders investigation into settlement deal

Judge Williams ordered Mr. Trump’s lawyers to state by June 12 if the case should reopen due to allegations of fraud. She questioned if Mr. Trump colluded with his own government to settle the lawsuit.

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May 29, 2026

Congress settles lawsuit with $1.8 billion fund

Senior Justice Department officials released agreements settling the case. These agreements established a $1.8 billion fund to compensate victims of government 'weaponization' by Democrats.

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May 30, 2026

Judge reopens Trump's IRS suit examination

Miami judge Kathleen Williams reopened Donald Trump’s case against the Internal Revenue Service (IRS). The review examines a $1.8bn settlement agreement. The reopened action stems from a motion alleging fraud and collusion.

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June 2026

Jun 12, 2026

Judge blocks Trump $1.8B compensation fund

Virginia District Judge Leonie Brinkema issued an injunction indefinitely blocking Donald Trump's administration from implementing a nearly $1.8 billion compensation fund for political allies. This extends a prior order preventing the government from taking further action related to the Anti-Weaponization Fund.

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Jun 12, 2026

Judge extends block on Trump's $1.8 billion fund

A federal judge agreed to extend a court-ordered block on the creation and operation of a $1.8 billion fund. This fund was intended to compensate people claiming to be victims of a weaponized government.

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