Donald Trump says he ‘wasn’t involved’ in creation of $1.7bn compensation fund – as it happened
May 18, 2026
This live blog is now closed.Trump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fundSign up for the Breaking News US emailDemocratic reactions to the news about Trump moving to withdraw his lawsuit against the IRS are coming in. Ron Wyden, a top Democrat on the Senate
Finance Committee, said Trump deserved no credit for dropping the lawsuit, regardless of his reasons.“Even by his standards the move he’s trying to get away with now is a stunning act of corruption,” said Wyden in a statement. “What Trump wants is a $1.7bn slush fund for right-wing political violence and subversion, and if he follows through, it will be the most brazen theft and abuse of taxpayer dollars by any president in American history.” Continue reading...
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