Trump Drops IRS Lawsuit for $1.8 Billion Funding from Department of Justice

May 19, 2026 • Google News World

Here is a rewritten version of the news article in a neutral newsroom style:

US President Donald Trump has dropped his lawsuit against the Internal Revenue Service (IRS) in exchange for a $1.8 billion fund to compensate his allies who claim they were targeted by the Department of Justice (DOJ).

The DOJ has established a new fund, worth $1.7 billion, to provide financial compensation to individuals and organizations that allege they were unfairly targeted by the agency.

In related news, the Treasury Department’s top lawyer has resigned after the creation of the “anti-weaponization” fund, which is aimed at compensating Trump allies who claim they were subjected to political targeting.

The settlement agreement was reached as part of a broader deal between the DOJ and the IRS. The terms of the agreement have not been made public.

The $1.8 billion fund will be used to compensate individuals and organizations that allege they were targeted by the DOJ for their political views or affiliations. The fund is expected to provide financial support to those who claim they were unfairly targeted by the agency.

The news comes as Trump’s administration faces criticism over allegations of politicization within the DOJ.

Source: Google News World