Trump drops IRS suit in trade for $1.7B 'anti-weaponization' fund decried by Dems

By: Ashley Murray

Outlets: DC Bureau (States Newsroom)

Published: May 18, 2026

Words: 669

Last Updated: 2 months, 1 week ago

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WASHINGTON — The U.S. Department of Justice announced Monday a new “anti-weaponization” settlement fund as a condition of President Donald Trump voluntarily dropping his multi-billion-dollar lawsuit against the Internal Revenue Service for the leak of his tax returns several years ago.

Trump, his sons Don Jr. and Eric, and the Trump Organization moved to drop the $10 billion suit Monday in the U.S. District Court for the Southern District of Florida, with prejudice — meaning he …

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