Acting attorney general says Trump’s $1.8bn anti-weaponization fund is scrapped
Why this matters: a developing story that could shape the day's news cycle.
However, Todd Blanche said the IRS will still be prohibited from auditing Donald Trump, his family and related entities‘Outright theft’: legal experts decry $1.8bn Trump anti-weaponization fund. The federal government is abandoning an effort to create a $1.8bn secretive fund to compensate Donald Trump’s allies, but is maintaining an agreement that prohibits the Internal Revenue Service (IRS) from auditing Trump, his family and related entities, the acting attorney general, Todd Blanche, said on Tuesday.“We are not moving forward with the fund, period,” Blanche said during a House appropriations committee hearing on Tuesday. He later added that the department would continue granting immunity to Trump and his family members on tax matters before the agreement was reached last month. Continue reading...