Trump Eyes $1.7B Ally Fund Tied to IRS Settlement

Trump reportedly negotiates a settlement of his $10B suit against the IRS that would drop the case in exchange for creating a $1.7B fund from the Judgment Fund to compensate people he says were targeted by the Biden administration, including over 1,500 January 6 participants. Critics warn it could serve as a slush fund for allies and reflect improper presidential influence over the DOJ; legal groups warn of a collusive settlement, while the court has asked for briefs by May 20. If fully paid, the settlement would substantially boost Trump’s net worth and set a troubling precedent for taxpayer funds.