Scoopfeeds — Intelligent news, curated.
Trump creates $1.7 billion ‘Anti-Weaponization Fund’ to compensate allies as part of his IRS lawsuit settlement
business

Trump creates $1.7 billion ‘Anti-Weaponization Fund’ to compensate allies as part of his IRS lawsuit settlement

Fortune · May 18, 2026, 5:38 PM · Also reported by 4 other sources

The Trump administration on Monday announced the creation a $1.7 billion fund to compensate allies of the Republican president who believe they were mistreated by the Biden administration Justice Department. The “Anti-Weaponization Fund” was announced by the Justice Department as part of a deal to resolve President Donald Trump’s lawsuit against the Internal Revenue Service over the leak of his tax returns. Acting Attorney General Todd Blanche said in announcing the fund in a statement that it was “a lawful process for victims of lawfare and weaponization to be heard and seek redress.” Democrats and government watchdogs immediately pledged to fight what they called a “corrupt” and unprecedented resolution, warning that the arrangement would unjustly enrich people close to the president with taxpayer dollars and open the door to meritless claims of political persecution. Trump’s lawyers disclosed the dismissal of the case in a filing Monday in federal court in Florida, where the president sued earlier this year. The fund would represent not only a highly unorthodox resolution but also a further demonstration of the administration’s eagerness to reward allies who before Trump came to power were investigated and in some cases charged and convicted. Most notably, the president on his first day back in office pardoned or commuted the sentences of supporters who rioted at the U.S. Capitol on Jan. 6, 2021. His Justice Department since then has approved payouts to supporters entangled in the Trump-Russia investigation and investigated and prosecuted some of his perceived adversaries. “This case is nothing but a racket designed to take $1.7 billion of taxpayer dollars out of the Treasury and pour it into a huge slush fund for Trump at DOJ to hand out to his private militia of insurrectionists, rioters, and white supremacists, including those who brutally beat police officers on January 6, 2021, and sycophant accomplices to his election stealing schemes,” Re

Article preview — originally published by Fortune. Full story at the source.
Read full story on Fortune → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Fortune alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop