President Trump has settled his $10 billion lawsuit against the IRS and Treasury Department over the leaking of his tax returns. The deal creates an “Anti-Weaponization Fund” to review claims of alleged government weaponization and lawfare.
The Justice Department said that under the settlement, “The Anti-Weaponization Fund” has been established to review and address claims of alleged government weaponization and lawfare. The fund will total $1.776 billion, funded through the federal judgment fund, a permanent DOJ appropriation for settlements. The program will also allow for formal apologies and monetary relief for eligible claimants.
The lawsuit, filed in January alongside Donald Trump Jr. and Eric Trump, accused the IRS of unlawfully disclosing President Trump’s tax records from his first term through a government contractor. Trump’s legal team filed notice in federal court in Miami seeking dismissal of the case with prejudice, meaning it cannot be refiled. Attorneys argued the lawsuit remained in its early stages, allowing President Trump to voluntarily dismiss the case without needing approval from the court or consent from the IRS.
