Trump’s $1.8 Billion Fund Paused—But He Still Likely Has Legal Immunity
Key takeaways
- That includes shielding the plaintiffs from having existing tax returns audited by the IRS, but also more broadly says the U.S.
- The DOJ has not yet responded to a request for comment on whether the immunity provision is still in effect, or if it proactively paused that part of the settlement as well.
- That’s how much Trump could save if he avoids paying federal taxes for 2025 because of his IRS immunity, Forbes estimates.
Topline The Trump administration said Monday it would halt its new $1.8 billion “anti-weaponization” fund in response to a recent court ruling—but it’s likely the other part of President Donald Trump’s settlement with the IRS, which gives him broad legal immunity, is still in play.
President Donald Trump reacts during a cabinet meeting at the White House in Washington, DC, on May 27.AFP via Getty Images Key Facts The Justice Department said Monday it was complying with a recent court ruling that temporarily halts Trump’s “anti-weaponization” fund from moving forward, amid reports that the Trump administration was pausing the fund in response to criticism from GOP lawmakers.
The $1.776 billion fund for those who feel they’ve been victimized by the DOJ is one of two provisions in Trump’s recent settlement with the IRS, after he sued the agency for allegedly failing in its duty to keep his tax returns confidential.