Trump creates $1.8B anti-weaponization fund after dropping IRS suit - Axios

May 18, 2026 • Google News World

Former President Donald Trump has established a new fund, valued at approximately $1.8 billion, to address concerns over the “weaponization” of government agencies.

The fund, which was created as part of a settlement with the Internal Revenue Service (IRS), aims to provide financial assistance to individuals and organizations that have been allegedly subjected to improper or coercive actions by government officials.

According to reports, Trump agreed to drop his lawsuit against the IRS in exchange for the establishment of this new fund. The terms of the agreement were not disclosed.

The fund is intended to support those who claim they have been victims of “weaponization,” a term used to describe the misuse of government power or authority to intimidate or coerce individuals or organizations.

The Democratic Party has expressed concerns over the creation of the fund, stating that it could potentially be used for corrupt purposes. The party has described the situation as raising “the specter of corruption unparalleled.”

In related news, Trump’s deal to drop his lawsuit against the IRS has created a new $1.8 billion fund aimed at addressing allegations of government misconduct.

The settlement includes an agreement between Trump and the IRS, which was not disclosed in detail.

As part of the agreement, Trump will not receive any direct payment from the fund, but he may still be required to pay taxes on its value.

The establishment of this new fund has sparked debate over the potential implications for those who claim they have been victims of government misconduct.

Source: Google News World