IRS

President Trump Drops $10B IRS Lawsuit, Establishes $1.7B 'Anti-Weaponization' Fund

President Donald Trump has withdrawn his $10 billion lawsuit against the IRS over the leak of his tax returns, while his administration announced a $1.77 billion fund to compensate political allies. The move has drawn sharp criticism from Democrats and watchdog groups, who call it unconstitutional and corrupt. The fund is part of a settlement agreement, though specific beneficiaries remain unclear.