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The Situation Room with Wolf Blitzer and Pamela Brown

Blanche Defends Anti-Weaponization Fund

The Situation Room with Wolf Blitzer and Pamela Brown

CNN

News

3.2865 Ratings

🗓️ 20 May 2026

⏱️ 79 minutes

🧾️ Download transcript

Summary

Acting Attorney General Todd Blanche and other DOJ officials continue to defend the $1 billion “anti-weaponization” fund against growing outrage ... The bond market is now flashing warning signs for your wallet. Are interest rates about to soar? ... Officials rush to the rescue, saving people stranded and threatened by exploding wildfires.    Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Happening now first in line, we now know who has applied to the so-called anti-weaponization

0:07.0

fund as acting Attorney General Todd Blanche and other Justice Department officials defend

0:13.0

the billion dollar pool against growing outrage.

0:16.0

Plus, our interest rates about to soar, the bond market is now flashing warning signs for your wallet will make it make sense ahead.

0:23.9

And later, rushing to rescue officials are saving people stranded and threatened by the exploding wildfires as firefighters urgently work to contain multiple infernos.

0:35.1

Welcome to our viewers here in the United States and around the world.

0:38.0

I'm Jim Shuto, Wolf Blitzer, and Pamela Brown are on assignment. You're in this situation

0:43.0

room.

0:47.9

Happening now, just a jaw-dropping deal hammered out by President Trump's legal team is igniting new outrage.

0:57.8

We're learning of a key new addition to the controversial settlement agreement between the president and the internal revenue service over the leak of his tax information back in his first term.

1:08.4

Acting Attorney General Todd Blanche quietly signed an agreement yesterday

1:11.8

that, quote, forever bars any investigation of Trump, his family, and his businesses over

1:19.3

previously filed tax returns. The larger settlement was already under scrutiny because it's

1:24.8

widely expected to benefit Trump's allies, possibly even

1:29.3

including January 6 rioters at the U.S. Capitol. The fund of nearly $1.8 billion, taxpayer

1:36.9

money, will compensate those who claim to have been targeted by a weaponized legal system,

1:42.5

and we've learned of the first person known to file such

1:45.5

a claim. Let's go live now to CNN's Holmes Libran. So Holmes, who is it?

1:50.8

That's right, Jim. So the first person to file one of these claims is Michael Caputo. Now,

1:56.4

he was a Trump advisor in the 2016 election and he was one of the cast of characters involved

2:01.9

in the Mueller investigation. Now Caputo says that he and his family have suffered greatly

2:07.9

because of this investigation having to hire personal attorneys and pay for all of that

...

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