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Pres. Trump is poised to settle his $10B lawsuit against the IRS in exchange for a $1.7B fund for allies of Trump who he claims were targeted by the Biden Justice Department, sources tell ABC News.
2:13
  • ABC News
  • May 16, 2026

Trump to drop IRS lawsuit for $1.7B "weaponization" compensation fund: Sources

Pres. Trump is poised to settle his $10B lawsuit against the IRS in exchange for a $1.7B fund for allies of Trump who he claims were targeted by the Biden Justice Department, sources tell ABC News.

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