The Latest: Trump administration announces $1.7B fund for prosecuted allies in deal to drop lawsuit

The Journal
The Trump administration is creating a $1.7 billion fund to compensate prosecuted allies as part of a deal to drop a $10 billion lawsuit against the IRS over tax return leaks.

Summary

The Trump administration announced on Monday the creation of a $1.7 billion "Anti-Weaponization Fund" to compensate prosecuted allies of the president. This move comes as part of a deal to resolve President Donald Trump's lawsuit against the Internal Revenue Service over the leak of his tax returns. The lawsuit, filed earlier this year in Florida, alleged that the leak of confidential tax records caused "reputational and financial harm." The resolution has drawn immediate backlash from Democrats and government watchdogs, who have called it a "corrupt" and unprecedented arrangement. Critics, such as Rep. Jamie Raskin, have labeled the fund a "political grievance fund" that allows the president to pay off his friends rather than seeking justice through the courts.

(Source:The Journal)

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