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Former President Trump withdrew a lawsuit against the IRS and Treasury Department, and established a reported $1.7 billion fund described as addressing alleged weaponization of federal agencies. The development follows earlier legal action seeking $10 billion in damages from the IRS, marking a reversal in Trump's litigation strategy against the agencies.
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3 outlets · 3 articles · first seen 18 May 2026, 14:14 · last updated 19 May 2026, 02:23
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Trump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fundThe Guardian