Trump Administration Ends IRS Lawsuit, Creates $1.8B Anti-Weaponization Fund

The Treasury Department’s top lawyer resigned Monday just hours after the Trump administration agreed to end the president’s $10 billion lawsuit against the IRS and to create a nearly $1.8 billion “Anti‑Weaponization Fund” for people claiming they were unfairly targeted by federal authorities nytimes +1. President Donald Trump will receive a formal apology but no direct payment under the settlement, which will be financed from existing federal judgment accounts rather than new congressional spending seattletimes +1.
The civil suit, filed in January by Trump, his sons and the Trump Organization, stemmed from the leak of Trump’s tax returns and other confidential data by former IRS contractor Charles Littlejohn, who was later sentenced to five years in prison seattletimes +1. U.S. District Judge Kathleen Williams had questioned whether a sitting president could bring a genuine case against agencies he controls and ordered additional briefing on whether the litigation was constitutionally valid, before Trump’s team moved to dismiss it on May 18 wsj.
How the $1.8 Billion ‘Anti‑Weaponization Fund’ Would Work
Under the settlement, the Justice Department says Treasury will deposit about $1.776 billion into a new fund designed to compensate people who can show they were targeted for “improper and unlawful political, personal and/or ideological reasons” seattletimes +1. The money will come from the long‑standing Judgment Fund, which allows the government to pay legal settlements without specific new appropriations from Congress npr +1.
A five‑member commission will decide who gets paid, with four of the commissioners appointed by Acting Attorney General Todd Blanche, a Trump loyalist now overseeing the department seattletimes +1. Officials say the fund is formally open to all claimants, but examples cited by the Justice Department include Trump allies investigated during the Biden administration, such as anti‑abortion activists prosecuted for clinic blockades seattletimes +1. Blanche said the move was meant “to make right the wrongs that were previously done while ensuring this never happens again” seattletimes.
Resignation at Treasury and Warnings of a ‘Slush Fund’
Brian Morrissey, the Treasury Department’s Senate‑confirmed general counsel, resigned within hours of the fund’s announcement, after roughly seven months in the role msn. People familiar with his decision told reporters he had raised concerns about Treasury’s role in moving $1.8 billion into a program largely controlled by the White House and Justice Department, though he has not publicly explained his departure msn. His exit underscored internal unease over the legality and optics of a president suing, then settling with, agencies he oversees.
Democrats and ethics lawyers denounced the arrangement as unprecedented self‑dealing that blurs constitutional lines between the branches. Representative Jamie Raskin, the top Democrat on the House Judiciary Committee, called the plan “a racket designed to take $1.7 billion of taxpayer dollars out of the Treasury and pour it into a huge slush fund” seattletimes. Legal experts warn that using the Judgment Fund to create a broad, politically defined compensation pool, overseen almost entirely by appointees of the president’s own attorney general, could invite court challenges over Congress’s power of the purse and the requirement that government settlements resolve real legal disputes rather than serve political goals npr +2.
The Bigger Picture
The settlement closed Trump’s extraordinary suit before Judge Williams could rule on whether it presented a legitimate “case or controversy,” avoiding a potential opinion that might have limited presidents’ ability to sue their own agencies wsj. But the creation of a billion‑dollar fund for alleged victims of “weaponization” — many of them likely to be Trump allies — is expected to spark new litigation, investigations on Capitol Hill and a broader fight over whether the administration is rewriting the rules of federal accountability to favor its supporters seattletimes +2.
Sources
wsj
Treasury Lawyer Quits as Government Settles Trump IRS Suit
WASHINGTON—The Treasury Department's top lawyer resigned Monday as the government announced a controversial settlement with President Trump,...
nytimes
Top Treasury Lawyer Resigns After Creation of ‘Anti-Weaponization Fund’
Brian Morrissey, the department's general counsel, stepped down hours after the Trump administration announced the $1.8 billion fund.
msn
Treasury lawyer quits as government settles Trump IRS suit
WASHINGTON—The Treasury Department's top lawyer resigned Monday as the government announced a controversial settlement with President Trump,...
seattletimes
Top Treasury lawyer resigns after creation of ‘anti-weaponization fund’
Brian Morrissey, the department's general counsel, stepped down hours after the Trump administration announced the $1.8 billion fund.
npr
Judge dismisses Trump's IRS lawsuit, paving the way for a settlement
The president sued the IRS and the Treasury Department in January, demanding $10 billion over the leak of his tax returns years ago.
fnlondon
Moelis hires Lazard’s Knott to bolster London chemicals coverage
Moelis has hired a Lazard veteran to boost its dealmaking team in London as it continues to build up in Europe. The boutique investment bank has hired Matt...
wsj
A Reality Check for College Graduates
Plus, Trump's late-night social posts, the fire sale on M.B.A.s and how we'll travel in 20 years.
apnews
Trump’s lawyers are in talks with the IRS to resolve president’s $10B lawsuit
The Trump administration says it's in talks with the IRS to resolve a $10 billion lawsuit over leaked tax information.
citizensforethics
Amicus: Court must block unconstitutional settlement in Trump’s $10 billion IRS lawsuit - CREW
The court should prevent an unlawful and collusive transfer of taxpayer funds from the US Treasury to Trump's personal coffers.
yahoo
Trump’s lawyers seeking resolution of his $10 billion lawsuit against IRS and Treasury
Lawyers for President Donald Trump are engaged in discussions with the IRS and the Treasury Department in an effort to resolve his $10...
politico
DOJ rolls out nearly $1.8B ‘anti-weaponization fund’ as part of Trump’s IRS settlement
The move comes after Trump, his sons and family business sued the IRS for $10 billion for failing to properly oversee a contractor who...
cbsnews
Trump settles $10 billion lawsuit against IRS over tax returns, sets up $1.7 billion fund for claims of "weaponization"
President Trump and the Justice Department reached a $1.7 billion settlement in the president's lawsuit against the Internal Revenue Service...
theguardian
Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies
In unprecedented self-dealing maneuver, billions of taxpayer dollars could be paid to US president and his allies.
nytimes
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses.
abcnews
Trump poised to drop IRS suit, launch $1.7B 'weaponization' fund for allies: Sources
President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a...
washingtonpost
Trump’s deal to drop suit against IRS creates $1.8B ‘Anti-Weaponization Fund’
President Donald Trump has agreed to drop his family's lawsuit against the IRS as part of a highly unusual agreement that establishes a...
bbc
Justice department sets up $1.7bn fund to compensate Trump allies as he drops IRS lawsuit
The "Anti-Weaponization Fund" was unveiled "in exchange" for the president dropping his $10bn lawsuit against the Internal Revenue Service...
reuters
Trump drops IRS lawsuit in exchange for DOJ $1.8 billion 'weaponization' fund
WASHINGTON, May 18 (Reuters) - U.S. President Donald Trump's administration on Monday created a nearly $1.8 billion fund to compensate...
abcnews
DOJ announces $1.7B 'Anti-Weaponization Fund' as part of Trump IRS lawsuit settlement
The DOJ has announced that as part of the settlement of President Trump's lawsuit against the IRS, the AG is establishing a $1.776 billion...
cnbc
Democrats blast Trump over 'slush fund' in possible IRS lawsuit settlement
ABC News reported President Donald Trump could settle a lawsuit against the IRS in exchange for a $1.7 billion fund to compensate his...
dw
Trump drops IRS lawsuit, gets billion-dollar 'victim's fund'
A new settlement will disburse $1.76 billion to victims of so-callled "lawfare," who were prosecuted under President Joe Biden.
usatoday
DOJ offering $1.776 billion 'lawfare' fund to settle Trump IRS lawsuit
The Justice Department is offering $1.776 billion to "victims of lawfare and weaponization" to settle President Donald Trump's $10 billion...
theguardian
Trump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fund
Democrats criticize deal as a slush fund that 'funnels taxpayer dollars' to president's political allies.
forbes
Trump Won’t Get $1.8 Billion In IRS Settlement Himself—But Could Still Pay Taxes On It
The creation of a $1.8 billion fund for Trump's political allies could be unlawful, the Tax Law Center argues—unless Trump pays taxes on it.
ms
Opinion | There’s one clear way to handle Trump’s lawsuit against the IRS
Here is the level of absurdity presented by President Donald Trump's lawsuit against the IRS and the Treasury Department: Imagine a casino...
wsj
Justice Department Creates Unusual $1.8 Billion ‘Anti-Weaponization Fund’
WASHINGTON—The Trump administration created an extraordinary settlement fund with nearly $1.8 billion to compensate people who claim that...
ms
House Democrats accuse Trump of ‘corruption unparalleled’ over IRS settlement talks
House Democrats filed an amicus brief arguing Trump is working to “undermine the Constitution” by seeking a settlement from the IRS over the...
time
What to Know About the DOJ's New 'Anti-Weaponization Fund'
The creation of the fund, which could be used to compensate Trump allies investigated under Biden, is part of deal to resolve the...
esquire
Trump’s Latest Scheme Will Go Down as the Most Disgusting in American History
In my opinion, it's worse than Teapot Dome, Watergate, and Iran–Contra combined.
motherjones
Suing His Own IRS? Creating a $1.8 Billion Slush Fund? What the Hell Is Trump Trying to Pull?
Whatever it is, it's staggeringly corrupt, and possibly very dangerous.
commondreams
House Democrat Warns Trump on Verge of 'Largest Single Act of Grand Larceny in American History'
Democrats in Congress are warning that President Donald Trump is on the verge of "stealing" billions of dollars from American taxpayers in...
abcnews
Trump administration to create $1.776B 'Truth and Justice Commission' to compensate allies: Sources
The DOJ is finalizing a deal to launch a so-called "Truth and Justice Commission" to pay claims made by alleged victims of government...
cnn
Trump administration creates $1.776 billion fund for allies of the president after he drops lawsuit against IRS
It's an unprecedented move that would allow the president's administration to pay his supporters from a government agency he controls with...
latimes
Trump DOJ creates $1.7-billion fund for victims of legal ‘weaponization,’ prompting outrage
Experts said Trump creating a fund for his political allies, to settle a lawsuit he had personally brought against his own government,...
talkingpointsmemo
Trump Drops $10B IRS Lawsuit to Avoid Scrutiny of Corrupt Settlement Deal
In a new filing this morning, President Trump attempted an end run around a federal judge by purporting to dismiss his $10 billion lawsuit...
reuters
Trump drops IRS lawsuit in exchange for DOJ $1.8 billion 'weaponization' fund * Summary * Settlement creates $1.8 billion Anti-Weaponization Fund for legal claims * Justice Department says fund open to all, but terms echo language used by Trump and allies * Trump drops IRS lawsuit over tax leak WASHINGTON, May 18 (Reuters) - U.S. President Donald Trump's administration on Monday created a nearly $1.8 billion fund to compensate victims of political "weaponization" to settle a lawsuit Trump ...
politico
Trump drops $10B lawsuit against IRS over leaked tax returns Williams had ordered both sides to file formal legal arguments on that issue by Wednesday and took the unusual step of appointing outside attorneys to advise the court on the legal questions involved. She’d set a hearing on the matter for next week, but Trump’s new filing contends that the case is now over since he has the right to dismiss it at an early stage without judicial approval. The development comes four months after Tru...
npr
Judge dismisses Trump's IRS lawsuit, paving the way for a settlement : NPR President Trump drops lawsuit against IRS The Internal Revenue Service building is seen in February 2025 in Washington, D.C. Tasos Katopodis/Getty Images hide caption toggle caption Tasos Katopodis/Getty Images A federal judge on Monday dismissed a $10 billion lawsuit President Trump filed against the IRS over the leak of his tax returns years ago, following Trump's request. Ethics watchdogs and Democrats in Congres...
bbc
Justice department sets up $1.7bn fund to compensate Trump allies as he drops IRS lawsuit Trump administration unveils $1.7bn fund to compensate his allies as he drops tax lawsuit 12 hours ago Bernd Debusmann Jr,at the White House and Kayla Epstein The US justice department has announced a $1.7bn (£1.3bn) fund to compensate allies of President Donald Trump who allege they were unfairly investigated by the Biden administration. The "Anti-Weaponization Fund" was unveiled "in exchange" for...
cnn
Trump administration creates $1.776 billion fund for allies of the president after he drops lawsuit against IRS The Justice Department on Monday announced the creation of a $1.776 billion fund to compensate President Donald Trump’s allies who claim they were unfairly targeted by the previous administration. It’s an unprecedented move that would allow the president’s administration to pay his supporters from a government agency he controls with taxpayer money. Its creation comes as Trump...
washingtonpost
Trump will end $10 billion lawsuit against IRS over leaked tax records President Donald Trump has agreed to drop his family’s $10 billion lawsuit against the IRS over the leak of their tax filings to the media, his lawyers said in a court filing Monday. The filing did not mention details of any settlement he may have reached with the agency. But legal experts and government ethics watchdogs have raised alarms about the prospects of a potential deal struck to end the litigation, which they’...
nytimes
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S. You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. The Justice Department is holding internal discussions about settling President Trump’s lawsuit against the Internal Revenue Service in the coming days, according to three people familiar with the deliberations, a move that could involve the government’s directly providing taxpayer f...
cbsnews
Who could benefit from Trump's $1.7+ billion "weaponization" fund?
When President Trump and the Justice Department settled the president's lawsuit against the Internal Revenue Service and Treasury Department...
ibtimes
Trump IRS Settlement Creates $1.776 Billion Fund for ‘Weaponization’ Claims
The Trump administration announced Monday the creation of a $1.776 billion Justice Department fund to compensate people who claim they were...
nytimes
Hegseth Campaigns for Trump Loyalist in House Race, a Breach of Decorum
Hegseth Campaigns: Defense Secretary Pete Hegseth campaigned for a Republican House candidate in Kentucky, an extraordinary foray into...
mitchthelawyer
Tony Soprano Called — He Wants His $1.776 Billion Shakedown Back
He sued himself. He settled with himself. He sent you the bill — $1.776 billion of it. Here's how they pulled it off.
themoderatevoice
DONALD TRUMP’S GOLDEN AGE OF GRIFT AND CORRUPTION
Is Donald Trump the most corrupt President in U.S. history? There is some debate about that but one thing is certain: he is among the most...
nytimes
Top Treasury Lawyer Resigns After Creation of ‘Anti-Weaponization Fund’ The top lawyer at the Treasury Department stepped down on Monday in the wake of the creation of a $1.8 billion “anti-weaponization fund” that could soon make payments to President Trump’s political allies, according to three people familiar with the move. Brian Morrissey, the Treasury’s general counsel, resigned from the position seven months after he was confirmed to it by the Senate and just hours after the T...