Trump Drops IRS Lawsuit for $1.8 Billion Weaponization Fund from DOJ

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

The settlement was announced as part of a broader agreement between the government and several Republican lawmakers, including Senator Ted Cruz and Representative Jim Jordan. The fund is intended to provide financial compensation to individuals who claim they were unfairly targeted by the Justice Department during the Trump administration.

As part of the agreement, the Treasury Department has established a $1.7 billion fund to compensate Trump allies who claim they were victims of “weaponization” by the Justice Department. The fund is expected to be used to provide financial assistance to individuals and organizations that claim they were unfairly targeted or harassed by government officials during the Trump administration.

The settlement comes after a long-running lawsuit filed by Trump against the IRS, which alleged that the agency had improperly targeted his tax returns for audit. The lawsuit was dropped as part of the broader agreement, which also includes provisions related to the use of taxpayer funds and the appointment of special counsel to investigate allegations of “weaponization” by the Justice Department.

The Treasury Department has announced the resignation of its top lawyer, who is believed to have played a key role in the development of the “anti-weaponization fund”. The resignation comes as part of the broader agreement, which includes provisions related to the use of taxpayer funds and the appointment of special counsel to investigate allegations of “weaponization” by the Justice Department.

Source: Google News World