Justice Department establishes $1.7 billion anti-weaponization fund for Trump associates
May 19, 2026 • Google News World
The US Department of Justice has announced the establishment of a $1.7 billion “Anti-Weaponization Fund” to provide compensation to individuals who were allies of former President Donald Trump.
According to reports, this fund is part of a settlement agreement reached between the government and Trump’s administration regarding a lawsuit filed by the Internal Revenue Service (IRS). The IRS had previously sued the Trump administration over allegations that it had improperly used tax-exempt status for personal gain.
As part of the settlement, the Treasury Department has created the Anti-Weaponization Fund to compensate individuals who were affected by the alleged misuse of tax-exempt status. The fund is expected to provide financial assistance to those who were impacted by the Trump administration’s actions.
The creation of this fund follows a series of reports and investigations into the Trump administration’s use of tax-exempt status for personal gain. The Department of Justice has stated that it will continue to work towards resolving outstanding issues related to the alleged misuse of tax-exempt status.
Separately, the Treasury Department announced that one of its top lawyers had resigned in connection with the creation of the Anti-Weaponization Fund.
Source: Google News World